We offer "independent third party" project management and consulting support.
     
Possible thoughts of an International organisation who is currently offshoring projects or wants to offshore projects

  • My organizations profitability and brand value are at risk due to     potential offshore project delays and poor quality of the     deliverables.

  • I wonder how good are the processes in the vendor organisations ?     Are they efficient and effective? What are the best practices followed     by my vendor?
  • Is my vendor organization overcharging me for their services     compared to the other vendors available?
    • What are the current options available to me as I renew my contract with the vendor?
    • Can I have the assurance of my projects, being managed by competent project managers?
    • Can I get the vendor organisations to be flexible to handle new changes and issues that come up?
    • How do I get continuous visibility into the status of the project I have outsourced?
    • How much of my valuable time am I spending on monitoring and controlling my outsourced projects?
    • Does my vendor evaluate the opportunities and risks in the business environment and is he adding value to me ?

    Renaissance Technologies has solutions to the above and more scenarios, at various stages of transitions of offshore programs and projects

    Initiating and Planning

    • Evaluate and customize contract: Assistance in providing unbiased and local inputs to prepare the project contract with the outsourcing vendor.
    • Independent assessment of project plans: Assistance in evaluating the program and project plan prepared by the vendor and negotiating the final scope, schedule, costs.
    • Customize quality plans: Assistance in tailoring the quality plans of the vendor in relation to the master quality plans of the buyer.
    • Build competencies: Assess, Train and mentor individuals and vendor organisations to ensure competency in project management and reduce uncertainity.
    Executing
    • End to End Program management: Program and project management from inception (signing of contract) to implementation (signoff by customer on deiverables).
    • Change management: Providing flexible project management and consulting support to handle one time changes and issues that need quick resolution.
    • Vendor management: Management of vendor/(s), to ensure adherence to time lines, quality standards based on the contract that has already been signed.
    • Opportunity and Risk assessment: Independent assessment of day to day, program, project opportunities and risks in the vendor organisation.
    Monitoring and Controlling
    • Delivery oversight: Provide clear visibility, measurements and accurate information about the status of the project and its project deliverables.
    • Communications enabler: Manage program and project communications with the customer and other stakeholders using latest communication tools and technologies.
    • Perform formal assessments: Perform audits and sytematic investigations into project management processes and report on the strengths and weaknesses of current processes, and also recommend practices that would improve the organization's delivery efficiency. Renaissance Technologies's report will be un-biased and can really help the organisation sustain their strengths and strengthen their weak areas.
    • Benchmarking:Assistance in setting targets for improvement, benchmarking with industry leaders in productivity, quality, customer satisfaction.


     
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