Case Studies

Building a Project Management Office to reduce costs

Situation

University College London Hospital is renowned for a strong focus on medical research (through UCL Medical School) and is an acute teaching hospital.

The Trusts Financial Recovery Director, Peter Herring engaged us, to assist in building a Project Management Office (PMO) to help reduce a specific Cost Improvement Plan (CIP) deficit in some of their most challenged service lines. These service lines included Length of Stay, Workforce, Women’s & Children’s, Outpatients and Theatres.

Task

Our brief was clear; we had to source, build and recruit a team of qualified candidates with particular skill sets who would work as a collective CIP Turnaround PMO team to reduce the deficit in the challenged service lines.

Action

Working closely with Peter and his team, we went about gaining clarity on the particular skills needed within a PMO function that could deliver the results stably and swiftly.

Using our hand-picked network of PMO specialists, as well as a clear understanding of the exact types of deficit challenges that Peter faced – meant we had a candidate list in a short space of time, that we’re more than qualified to help our client.

We deployed a highly talented team of 5 CIP Specialists within two weeks to work as an SME across their chosen specialism. Each team member was selected based on the quality of their delivery, ability to work individually and within the team. The result was a group of individuals, focused, determined and able to start solving the clients’ challenges.

Reflection

The PMO team assisted University College London Hospital NHS Trust to deliver £10m+ CIP. A highly beneficial outcome to the Trust’s bottom line, which also gave us a great sense of pride to have been a small part of, in helping deliver such positive results and even more faith in the power of exceptional collective talent wanting to solve some of the big problems.