Investment returns optimised across multi-business ICT project portfolio

The Victorian Department of Primary Industries needed to evaluate more than 100 competing ICT projects proposed by its multiple business units so it could deploy its limited investment funds to maximise returns. DPI engaged Nous to develop and apply suitable criteria to ensure agency-level optimisation of investment.

Nous consulted with each business area and analysed the drivers of agency success to define a set of multi-dimensional criteria. The criteria enabled evidence based decisions to give the executive team confidence its forward budget would deliver an optimum result. The transparency of the Nous process generated local buy-in for the final funding decisions.

Our improvements to DPI's project portfolio management to strengthen governance, exploit synergies and ensure projected returns were delivered.