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Implementation

Strategic Growth through Endur Implementation

We specialize in large-scale Endur implementations that enhance business strategy and enable cross-commodity diversification in marketing, trading, and hedging activities. Our projects integrate advanced risk management, physical logistics, and market compliance capabilities. With over a decade of experience, we leverage industry knowledge and best practices to successfully scale projects from single-market to multi-market, multi-commodity, and multi-location implementations.

Key Principles for Successful Implementation

Focus on Value Creation

Prioritize initiatives utilizing a hybrid approach that balances agility with cost and scope to maximize ROI.

Stakeholder Engagement

Foster relationships, map features by personas, and use design thinking for alignment and buy-in.

Leadership & Clarity

Provide direction, anticipate roadblocks, and use data-driven strategies to stay on track.

Deliverables Quality

Ensure quality outcomes, minimize rework, and boost stakeholder satisfaction.

Adaptability & Resilience

Use out-of-the-box solutions and promote adaptability to meet market and stakeholder needs.

Value Creed Methodology for an Endur Implementation

Value Creed works on eight critical areas to ensure the effective delivery of Endur implementation projects. These areas are interactive, interrelated, and interdependent areas of focus that work in unison to achieve a successful Endur implementation.

Stakeholder Management

Value Creed’s Endur consultants establish productive relationships with stakeholders throughout the project. Our consultants ensure that stakeholders agree with project objectives.

Stakeholder Management Phases

Identify

Identify capabilities, processes, and relevant stakeholders.

Analyze

Assess stakeholders' motivations and needs regarding Endur.

Proritize

Rank stakeholders
based on agreed
criteria.

Engage

Introduce the
project and gather requirements.

Monitor

Track stakeholder engagement and influence throughout the project.

Team Collaboration

Endur implementation requires a shared ownership, a high performing team & foster a minimum level of leadership & interpersonal skills demonstrated by all team members. Our project implementation teams focus on following key principles:

Communication & Understanding

Foster open, safe communication in meetings and workshops, ensuring everyone shares a clear purpose of the Endur project and its benefits.

Ownership & Trust

Attribute each developed solution to the delivering team, building trust and demonstrating a commitment to going the extra mile for Endur Implementation success.

Collaboration for Better Outcomes

Engage in close collaboration among project teams and stakeholders, generating diverse ideas and achieving superior results.

Adaptability & Resilience

Embrace change by adapting to new requirements and challenges, and apply a "Fail Fast & Fail Forward" mindset to learn and improve until success is achieved.

Development Approach

We collaborate with clients’ project leadership to establish the development approach, delivery cadence, and project lifecycle needed to optimize project outcomes. There are various factors to consider when selecting the development approach in an Endur Implementation, , including system type, requirement certainty, scope stability, change frequency, delivery preferences, risks, regulations, schedule, funding, and stakeholder involvement.

Development Approaches

Endur projects with significant investment and defined upfront requirements can follow a predictive approach, especially for high-risk projects. Value Creed works with client sponsors to define scope, schedule, cost, and resources early, while managing risks and maintaining stability. Focus is placed on small proof-of-concepts (POCs) with essential Endur components.

This approach when there is risk or uncertainty around the requirements. Hybrid is also useful when deliverables can be modularized, or when there are deliverables that can be developed by different project teams. Endur Implementations adopting to Hybrid approach focuses on iterative development through DevOps enablers.

Endur implementations with high uncertainty and volatility should follow an adaptive approach. VC establishes a clear vision at the start, with initial requirements refined and adjusted based on user feedback, environmental changes, or unexpected events. The implementation follows iterative and incremental methods, evolving the Endur architecture based on stakeholder input.

Phases of an Endur Implementation

The number and type of project phases depend on delivery cadence and development approach. Value Creed’s framework for Endur Implementations focuses on the following phases:

Step 1

Implementation Analysis

Validates the business case and assesses the feasibility of delivering the project in Endur concerning capability, resources, and budgets.

Step 2

Design

Leads to the planning and analysis of project deliverables to be developed and delivered within the project timeline.

Step 3

Design

Involves constructing solutions in Endur through a mix of configuration and customization using technologies like OpenJVS, OpenComponents, Connex Frameworks, Toolkit Applications, PL/SQL Scripts, CMMs, User Tables, etc.

Step 4

Test

Quality Review & Inspection of Deliverables are carried out at module level (Functional Unit Tests), scenario level (End to End Tests), state level (regression tests), boundary level (System Integration Tests), and non-functional level (Stress & Security Tests) before moving to the final phase of User-Acceptance Tests.

Step 5

Deploy

Involves putting project deliverables into use and completing the transition to support activities for sustainment, benefits realization, and organizational change management.

Step 7

Finalizes the project, achieving project knowledge and artifacts, releasing project team members, and closing contracts.

Stage Gates

Value Creed introduces stage gates as milestones, providing opportunities to verify desired outcomes and define exit criteria for each phase before proceeding. We recommend aligning exit criteria with acceptance criteria for deliverables, definitions of done for agile work items, contractual obligations, performance targets, or other measurable goals.

For incremental delivery, Value Creed shifts the approach from Design, Build, and Test to Plan, Design, and Build, incorporating Built-in-Quality principles during the Build phase. In an adaptive development approach, iterations are included so that at the end of each iteration or sprint, clients can review the functional deliverables.

Planning

Value Creed brings an Endur project management Team to every Endur Implementation task. The unique nature of each implementation affects the amount, timing, and frequency of planning. Key variables for effective planning include:

Development Approach

Determines how, how much, and when planning is conducted. Scenarios include:

Specific phase for upfront planning.
High-level planning upfront, followed by prototyping during the design phase.
Iterative approach leading to refinement of features and requirements at the beginning of each iteration.

Project Deliverables

High integration and technology customization implementations require continuous and adaptive planning. In contrast, implementations focused on core modules and additional licensable modules require significant upfront planning for design, approvals, configuration, and delivery.

Legal or Regulatory Restrictions

Regulatory requirements may mandate specific planning documents before authorization to proceed or budget approvals.

Organizational Requirements

Organizational governance, policies, procedures, processes, and culture may require specific planning artifacts from the Endur implementation team.

Market Conditions

Businesses sensitive to market volatility and seasonality prefer minimal upfront planning to emphasize speed and time-to-market.

We offer Project management Excel templates and tools to compute, present, and adjust estimates specific to Endur implementations. These tools accelerate the estimation process using techniques such as relative and flow-based estimation. Endur implementation schedules can often be compressed after initial estimates. VC establishes four types of dependencies before schedule compression:

Mandatory Dependencies

Contractually required or inherent relationships.

Discretionary Dependencies

Based on best practices or project preferences.

External
Dependencies

Relationships between project and non-project activities.

Internal
Dependencies

Modifiable relationships between project activities.

Project Work

Endur implementations, spanning several months, require establishing processes, managing resources, and fostering a learning environment. Clients and Value Creed must establish efficient systems, maintain stakeholder communication, and handle procurements and vendor contracts. Regular process reviews, such as task board checks, help identify bottlenecks, ensure work flows smoothly, and address impediments. Process tailoring is used to optimize workflows based on project needs, employing three main methods to achieve this.

Lean Production Methods

Value stream mapping to measure value-adding vs. non-value-adding activities.

Retrospective or Lessons Learned

Reviewing solutions delivered and identifying failure points for improvement.

Next Best Funding

Determining whether to continue a task or move to the next to optimize value delivery.

Delivery

We focus on effective Endur project delivery, supporting both incremental value realization throughout the project lifecycle and bulk value delivery post-deployment. We help our clients to create detailed business cases, breaking down commodity business phases and solutions while ensuring clear, verifiable requirements to prevent rework, scope creep, and delays. Deliverables include static data setups, deal modeling, FX management, and custom workflows, all aligned with stakeholder needs. Built-in quality is emphasized using tools like Endur’s Unit Test Runner and automated testing solutions to ensure high performance.

Measurement

We ensure that Endur projects are measured against planned metrics to track performance, resource utilization, and progress. Key Performance Indicators (KPIs) include leading and lagging indicators, helping assess project health and guide decision-making. Metrics are presented in regular stakeholder engagements for transparency and effective management.

Key Categories of Metrics toConsider

Deliverable Metrics

Errors, performance measures, technical performance

Delivery

Lead time, cycle time, process efficiency

Baseline Performance

Schedule variance, SPI, cost comparison

Resources

Utilization and cost tracking

Business Value

ROI, cost-benefit ratio

Stakeholders

Morale, turnover

Forecasts

EAC, TCPI, variance analysis

Uncertainty

Managing uncertainty involves proactively identifying potential risks and ambiguities and establishing strategies to mitigate their impact. Regular stakeholder engagement, iterative feedback loops, and a focus on transparency can help to navigate the complexities of uncertainty in Endur implementations. Uncertainty refers to unpredictability and can manifest as:

Future
Risks

Potential challenges that could impact implementation, such as technology changes, market shifts, or stakeholder availability.

Requirement Ambiguity

Evolving requirements can cause misunderstandings and misalignment between stakeholders and the implementation team.

Integration Complexity

System, data, and process interactions can lead to unforeseen complications during implementation.

Change Management

Stakeholder resistance can cause delays, making adaptability and clear communication crucial.

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Implementation

Strategic Growth through Endur Implementation

Key Principles for Successful Implementation

Focus on Value Creation

Stakeholder Engagement

Leadership & Clarity

Deliverables Quality

Adaptability & Resilience

Value Creed Methodology for an Endur Implementation

Stakeholder Management

Stakeholder Management Phases

Team Collaboration

Communication & Understanding

Ownership & Trust

Collaboration for Better Outcomes

Adaptability & Resilience

Development Approach

Development Approaches

Phases of an Endur Implementation

Stage Gates

Planning

Mandatory Dependencies

External
Dependencies

Internal
Dependencies

Future
Risks