About Us

P2 Consulting was started by a group of award winning consultants who recognised the opportunity to build a global consultancy firm that had clients’ needs at its heart. We understand the challenges clients face – the pace of globalisation, technology change and increasing regulation – and the pressure they are under to respond to these changes rapidly and efficiently.

What We Do

We work on some of the largest transformation programmes in the corporate world and the public sector. Partnering closely with our clients, we help them deliver successful business change. Our reputation as a consultancy is built on excellence in portfolio and programme management, business architecture and design, testing and quality assurance and implementation.

Insights

Understanding the challenges that keep our clients awake at night is essential. In this section we demonstrate our expertise at solving your problems. We have deep insight into the business and technology issues facing all sectors.

Join Us

Are you looking to join a company where a challenge is welcomed, change is anticipated, and expertise is expected? Then have a look at our job listing and please get in touch.

Case Studies

We’ve worked with clients across a range of sectors and gained excellent results – but don’t just take our word for it. Have a browse through some of the work we’ve done.

Are You Unlocking The Value Of Your Portfolio Data?

Adam Skinner, Director, P2 Consulting and David Edwards, Co-Founder, Cubik

20.11.18

We, at P2 Consulting, witness the enormous value our customers realise, on a daily basis, from unleashing the power of their data. This is nowhere more obvious than at the Portfolio level where effective data capture, combined with predictive analytics and hard-won experience can transform an organisation’s ability to optimise and deliver their change agenda. Portfolio functions that fail to unleash their data, however, often struggle with the same 3 root causes:

1. Purpose – not clearly understanding the decisions they support nor the change priorities they are promoting
2. Data – not capturing accurate, standardised data across its traditional, and agile programmes
3. Analysis – failing to drive insights from the captured data, in order to enable data driven prediction and decision-making.

At P2 Consulting we work on the principle that the solutions to these three problems are intrinsically linked and directly affect each other. In other words:

1. The decisions the Portfolio Office can support will depend on the data captured and;

2. Effective interrogation of that data will both drive decision making and suggest new areas for the Portfolio to explore/exploit.

This says something hugely important about the main source of a Portfolio functions value – and how to improve that value. Namely that it is directly impacted by the:

1. The effectiveness of its data capture; and
2. The insightfulness of its data analytics.

Optimising the Data Capture

The simple goal here is to maximise the amount of valuable, standardised data flowing into the Portfolio Office for the minimum cost to both the Portfolio Office and the wider organisation. P2 Consulting approaches this problem using a methodology called ‘the 5Cs’.

1. Completeness – Is the data being collected directly supporting my decision making?
2. Compliancy – Is the data being input to the data quality standards and what might those standards be?
3. Consistency – Is the data being input to the right schedule and what should that schedule look like?
4. Correctness – Is the data accurately reflecting the current position?
5. Coverage – Is the data being collected across all the relevant projects?

Understanding the answer to these 5 questions is critical to defining and delivering effective data capture across your portfolio and laying the ground-work for the next stage.

Automated Integration, Analysis and Visualisation

Optimising data capture to achieve a standardised data-set across your portfolio creates the foundation on which value can then be delivered. However real value can only be driven out through the powerful visualisations that support the change decision making of the organisation. It is critical that the Portfolio team has an effective way of doing this as a portfolio of any level of complexity will need some form of automated system or tool to help integrate, visualise and analyse the health of your portfolio in real-time. At this point we, at P2 Consulting, turn to Cubik to underpin that analysis.

Cubik integrates disparate data sources such as your core PPM tools, risk logs, resource logs, finance systems, project plans and spreadsheets to establish a centralised view of your change delivery. Critically it drives out insights that can only be seen when integrating data sources – a task that must be done at the Portfolio Level.

Three classic examples of this data integration would be: the integration of information from different projects (such as with the Portfolio on a Page), the integration of different data streams (such as combining delivery timelines and business change information to to create a business change heatmap) and by the integration of different options to conduct scenario planning on your portfolio.

Cubik’s Portfolio on a Page View

Cubik’s Portfolio on a Page View

For instance, the Cubik Portfolio on a Page integrates real time milestone and dependency data from the projects within the portfolio to provide a real time predictive view of the portfolio delivery schedule and the health of that delivery.

Using historic pattern analysis, delivery hot spots can be identified, enabling executive intervention before issues materialise.

Cubik’s Business Change Heatmap

Cubik’s Business Change Heatmap

Equally valuable is combining different data streams to identify insights and areas of concern. For instance the Cubik Business Change Heatmap view combines information from project’s delivery timeline and their business impact rating to create an organisation wide view of the impact of the Portfolio on the business identifying key areas and times of concern and/or significant change.

Cubik’s Scenario Planning Tool

Cubik’s Scenario Planning Tool

And as your organisation moves along the maturity scale of the 5Cs the power of the Portfolio Offices’ analysis will only increase. This enables the typical leadership level “What-if” investment decision questions to be addressed based on data you have confidence in. The Cubik Scenario Planning Tool allows, again in real time, for the Portfolio Office to look at the impact of different scenarios on the Portfolio’s key metrics such as time, cost, benefit and business impact allowing executives to confidently understand the implications of their decisions.

The value of your office is the value of your data!

We, at P2 Consulting & Cubik, know the value that can be realised from effective and efficient data capture, combined with intelligent and predictive analysis.  When done properly this analysis creates a virtuous cycle that drives the portfolio function into new and exciting areas of support to the wider organisation continuously increasing the value and insights it offers. If you’d like to discuss how you can improve the capture or analysis of your Portfolio Data or simple want to discuss how to drive better decision making at the Portfolio level please get in touch.

Adam Skinner, Director, P2 Consulting
adam.skinner@p2consulting.com
+44 (0) 7803 260508

David Edwards, Co-Founder, Cubik
david@cubik.io