Matrix Structure for SIB CET and PMO Collaboration PPT

This PPT slide, part of the 126-slide Capital Optimization Guide PowerPoint presentation, presents a matrix structure designed to enhance collaboration and interaction among various functions supporting the SIB CET and SIB PMO teams. Each function is strategically positioned to facilitate effective communication and operational efficiency.

Starting with the Supply Chain function, it emphasizes the importance of expert input in optimization processes, managing budget quotes, and contractor appointments. This function is crucial for ensuring that resources are allocated effectively and that projects are set up for success from the outset.

The Risk function highlights the need for assessing potential risks associated with the SIB portfolio. It includes project-level risk assessments and the qualification of risk mitigation strategies, which are vital for safeguarding project outcomes and aligning with business objectives.

Legal considerations are addressed through the Legal function, which provides ad hoc opinions on legislation relevant to mandatory projects. This ensures that all projects comply with legal requirements, reducing the risk of future complications.

Engineering plays a pivotal role by defining project scopes and ensuring that projects are front-loaded with necessary expertise. This function is essential for optimizing project execution and aligning technical requirements with strategic goals.

The SIB Investco function focuses on capital requests and approvals, ensuring that financial resources are aligned with project needs.

Finance is tasked with financial control and reporting, providing a comprehensive view of the SIB budget and portfolio. This function is critical for maintaining financial health and transparency across projects.

Finally, the Project Functional Support function offers essential project support services, including cost control and joint reviews, which are necessary for maintaining project integrity and accountability.

Overall, this matrix structure is designed to streamline processes and enhance collaboration across various functions, ultimately driving project success.

This slide is part of the Capital Optimization Guide PowerPoint presentation.

This framework was developed by a team of consultants for a large blue chip company and can be replicated across industries.

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Cost Reduction Assessment Capital Structure Supply Chain Project Scope Effective Communication PMO

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