For a global financial institution, MJB in conjunction with a partner firm provided project management support for the separation of its Global Merchant Services Division. Within the Program Management Office, MJB managed the weekly reporting and tracking of actual versus budget performance for 10 work streams and over 40 projects, totaling >$10MM. The role required coordinating with project managers to track performance against cost and schedule and report on progress on a weekly basis.
As a result of MJB’s and our partner’s involvement, client senior management regained visibility into separation-related cost and schedule activity and forecasts. Overall, the corporate separation occurred under-budget by approximately $3MM.