PHOENIX, AZ (Monday, May 6, 2019) – Competing in a global market is no small endeavor, but Arizona based Kolme Group, LLC. have found their niche supporting project and portfolio management (PPM) initiatives for global enterprises. This April, the Company announced the launch of European operations with a local office based in Amsterdam, Netherlands to support their growing list of international clients. This expansion enables Kolme Group’s mission of helping its enterprise clients make data-driven business decisions with well implemented, best-in-class, PPM tools. “To better serve our global clients, we need to be global, too,” said Matthew Henderson, one of the founding Partners of Kolme Group. “Our consultants are very experienced supporting global enterprises. Expanding our reach by opening local European offices will allow us to provide even better support to our customers with a European presence.”

Demand for experienced project and portfolio management consulting is on the rise; consultancies such as Kolme Group, can build strategic and tactical efficiencies within PMOs and bridge the growing talent gap. According to a 2017 publication from the Project Management Institute (PMI), by the year 2027, employers will need 87.7 million individuals working in project management oriented roles, but the talent gap could result in a potential loss of $207.9 billion dollars. Additionally, a 2018 IDC study revealed that the worldwide project and portfolio management market is expected to see a growth at a CAGR of 6.8% over the next several years, forecasted to reach $5.8 billion by 2022; up from $4.2 billion in 2017. 

When asked about the importance of PPM tools, Kim Essendrup, founding Partner of Kolme Group, had this to say, “At this past PMI PMO Symposium, we engaged with over 65 project and portfolio leaders from around the world to study real-world project success factors. We found that organizations with the tools to drive process compliance had an amazing 5x better success rate closing projects.” Essendrup further explains, “Our study concluded that by every measure of project success – scope, cost, time, customer satisfaction, resource management, etc., organizations that have the tools to manage project financials are better off than those that don’t.”  

Kolme Group is excited to continue to grow and expand, offering high-value services to their clients. To find out how Kolme Group can help your organization succeed with Data Driven PPM, please view their contact us page.