Our insurance industry project management experience
International Insurance Brokerage – spanrogram Review and PM Capabilities AssessmentLost Penny Consulting was engaged to review a large complex program with multiple projects. This review measured the project progress against the baseline project plan and measured the progress deficiency against that plan. The review included an assessment of the project management capabilities of the key project managers charged with delivering the project. The final report included recommendations to recover the program.
Major US Life Insurance Comspanany – Worldwide Project Management Practices BaselineLost Penny Consulting was engaged to develop a baseline assessment of worldwide project management (PM) practices within the enterprise. We developed a structured, third party led, self-assessment that was executed through interviews with more than 80 project managers and executives globally. The participants included CIOs, heads of project management office (PMO) functions, project sponsors and project managers. The findings report set out an analysis of the data, a comparison of the data to aggregate data in Lost Penny Consulting’s database, our findings, conclusions and recommendations.
Major Canadian Life Insurance Company – Program Governance / Program Charter DevelopmentA Lost Penny Consulting professional supported the Program Manager in defining an appropriate governance structure, including refining a responsibility assignment matrix (RAM), and drafting a Program Charter for a major initiative to upgrade key investment systems for its Canadian operations.
Major US Insurance Company – Increasing Operational IT EfficienciesLost Penny Consulting was engaged to conduct a broad portfolio review across the organization to understand where operational IT efficiencies can be improved and projects prioritized. The deliverables from this engagement included a summation of the findings and a pragmatic action plan for improvement.
Major Canadian Life Insurance Company – Project Management – Global Network Optimization ProjectA team of Lost Penny Consulting professionals were engaged to provide project management expertise for this strategic project. We assisted with managing the associated resources to ensure the project was delivered in accordance with the established schedule, budget and scope.
US Commercial Property and Casualty Insurance Company – Program Health CheckLost Penny Consulting was engaged to assess the project team, the team’s processes and the progress of a significant corporate initiative. The review team conducted a discovery process that reviewed artifacts, assessed processes and interviewed program sponsors and team members. The findings were a fact-based, pragmatic assessment of the initiative together with recommendations that informed management’s strategy for the
