Consistent processes reduce risk. It ensures that contingencies are considered, assumptions are validated and rigour is in place for all checks and balances necessary to reduce risk, improve ROI and achieve speed to market.

Key Issues

• How much visibility and control exist over your organisation’s processes?
• Do they reside in binders that quickly become out of date?
• How embedded are processes; are they followed, do you know when they are not?
• Do the processes deliver improved performance as hoped and are they linked to KPIs
• If there is no visibility of performance, how do you embark on continuous improvement?

Mi5 Capabilities

• Mi5 can harness an organisation's best practice procedures and methodologies, in terms of stages and project steps.
• Mi5 provides the means to improve process visibility to all stakeholders involved, with all steps and procedures clearly visible.
• Mi5 is a live system where activities are created, planned, monitored and reviewed online.
• On creating an activity in Mi5, there is an immediate view of the process in terms of key project stages, project steps, documents that need to be completed, recommended lead times, project time line and access to relevant templates.
• Project tasks and documents are sequenced to reflect the order in which project steps are to be undertaken.
• If greater control is required within certain processes, the process may be "Gated". Gating prohibits the advancement of the project to the next stage until the previous stage has been approved or completed.
• Tasks and Documents are completed within Mi5, allowing for visibility of overall project progress.
• Updates to the project plan provide the project team with an immediate view of how the project is progressing against plan.
• Mi5 also provides the means to lock project parameters such as lead times and planned financials when a project has been approved. This provides the project team with clear objectives against which their performance can be measured.