Project Por)olio Management Important markers for IT intensive businesses Rest assured with Infolob s project management methodologies
What is Project Por)olio Management? Project Por)olio Management (PPM) is a method used by project managers and project management organiza;ons to ensure an organiza;on chooses the right projects and programs for its strategic business goals. PPM helps organiza;ons increase the number of projects completed on ;me and on budget while achieving corporate objec;ves and the greatest poten;al return on investment. Assigning the right resources to the right jobs at the right ;me in other words, alignment is the ul;mate goal of project governance. An organiza;on s strategy, opera;onal efficiency, execu;on process, and technical exper;se are all tested when resource assignments are made. Portfolios, programs, and projects are all formal expressions of resource assignment decisions. Accordingly, a systema;c approach to collec;ng, selec;ng, planning, and managing them is key to a high- quality IT Governance process.
Who needs PPM? PPM is for organiza;ons that have large numbers of investments and a need for improved governance or execu;on. PPM is generally the concern of three groups of people within an organization: execu;ves, managers, and project teams. Responsible for seung strategy and direc;ng the organiza;on to meet its objec;ves. OVen, there is a Por)olio Manager involved in suppor;ng execu;ve management to organize and operate PPM. ExecuCve Management - Balance por)olios, priori;ze investments - Align resources with strategic enterprise objec;ves - Evolve ideas, proposals, ini;a;ves to measurable programs and projects Includes the Project Management Office (PMO), Resource Managers, and Project Managers. This group is responsible for the planning and successful execu;on of projects and programs. PMO - Make ;mely, informed decisions based on project data - Ensure best prac;ces are repeated for all management processes - Balance workload, manage skills inventory and usage - Ac;vely manage risks and issues - Ensure ;me and expenses are tracked Set of people assigned to a project to perform tasks and produce deliverables. Project Teams - Team Repor;ng - Team Collabora;on - BeSer Visibility
Benefits of PPM Priori;ze projects based on strategic objec;ves and your Organiza;on s risk tolerance Make the best use of limited resources Improve coordina;on by collabora;ng across the enterprise and beyond Manage large programs with mul;ple suppliers and subcontractors Increase team produc;vity and the speed of project delivery Bring the right products to market within market windows Improve governance and accountability, and meet regulatory requirements Manage short- dura;on, high- intensity projects such as shutdowns Governance Visibility Security Dashboard PPM Por)olio Management Project Management Resource Management Asset Management Strategic Alignment Collobora;on Audits Repository Reports Ideas Worklist Timesheet Documents Search Check lists CommunicaCon Status Monitoring Roles & ResponsibiliCes
Infolob s PPM Offerings Infolob is a one stop shop for solu;ons to manage your collabora;ve project and portfolio environment. Our PPM experts help your organiza;on gain visibility, insight, and control across all work; thus enhancing decision making, improving alignment with business strategy, maximizing resource u;liza;on, as well as measuring and increasing opera;onal efficiency. - Project Status Reports - Structures Approach - Scenario Modelling Reduce Risk Improve Visibility - Project, Programs & Portfolios - Resource U;liza;on - Real Time and Fully Integrated - Deliverables - Planned / Actual costs - Benefits Management Control ROI Improve EffecCveness - Role Based demand - Capacity Planning - Scheduling - Generate business applica;ons faster - Plan beser - Consolidate resources - Reduce IT project costs
PPM Tools we deliver Infolob PPM sovware solu;ons range from. (add text that summarizes the PPM sovware products) MicrosoP PPM On Demand & On Premise Solu;on Demand management Por)olio analysis & selec;on CA Clarity Por)olio management Applica;on por)olio management Financial management BMC Remedy IT Service Management Self- service virtual agent Service Desk IBM RaConal Make product development market driven Manage the product and por)olio lifecycle HP PPM Offers top- down planning capabili;es Supports Applica;on Lifecycle Management MicrosoP TFS Version Control Work Item tracking Project Management Func;ons Oracle Primavera Balance resource capacity Plan, schedule & control complex projects
Confused about the right PPM product for your organizacon? Infolob s PPM solu;on provides its customers with the right advise when it comes to selec;ng and implemen;ng PPM software. We use a tried and tested product func;onality assessment matrix, keeping in mind your organiza;on s specific needs. The below are generic dimensions we use to measure the PPM product you're considering: Scale how big will the change be? Simple: Are you going to organize your projects? Personal: Are you going to automate es;ma;on and planning on you projects? Collabora;ve: Are you going to support a team? Are you going to share informa;on? Do you need to centralize team communica;ons? Enterprise: Are you affec;ng the whole company? Are you going to bill to your clients using your projects data? Do you have virtual teams all around the globe? Process Maturity how formal/strong is your process? Chao;c: No evidence of documented processes or best prac;ces Ac;ve: Documented processes carried out, but not formalized Efficient: Consistent discipline started Responsive: Ubiquitous and measured Business driven: Provides data and informa;on to drive business decisions ExisCng Enterprise ApplicaCons If you are already running an Oracle EBS or MicrosoV AX it perhaps makes sense to look at PPM products offered by your Enterprise sovware vendor because integra;on with your project accoun;ng sovware would be out of the box and no special efforts would be needed. Management Approach Do you and your team follow a tradi;onal or agile approach to project management? ImplementaCon Model Will you host the product on premise and support it by yourself? Or are you going to adopt the SoVware as a Service (SaaS) model? Industry PracCce What sovware do other companies in your ver;cal use to manage their projects and por)olios? Budget What is your budget for installa;on, implementa;on, training, and maintenance?
About Infolob Infolob Solu;ons is a wide- spectrum technology solu;ons provider with significant experience in diverse systems integra;on, cloud compu;ng, big data, and managed services. Infolob delivers solu;ons in financial, technology, renewable energy, biotechnology, and educa;on sectors, and is reputable for delivering repeatable results on a reliable schedule. CapabiliCes Infolob has the ability to field dozens of skilled professionals in the United States and around the world, with capacity in our development centers in Dallas (Texas) and Hyderabad (India) to provide up to one hundred addi;onal development, engineering, project management, and analy;cal staff. Infolob employs diverse professionals with a wide range of capability. From database administrators to Agile project managers, applica;on developers to senior business analysts, renewable energy integrators to big data wranglers, Infolob brings rich experience and capacity to bear on your significant challenges. ExperCse Our exper;se blending diverse technologies is the reason for our significant growth since our establishment in 2009. Our staff hold specialized exper;se in business intelligence (data warehousing, business analy;cs, data and process mining, big data management), database design/build (tuning, migra;ons, capacity planning, clustering, recovery), enterprise mobility (app development, BYOD strategies, visualiza;on integra;on), and solu4ons integra4on (service oriented architecture, Agile development, enterprise management, customer rela;onship management, fusion middleware, applica;on development, public/private cloud delivery, enterprise resource planning). For inquiries, please write to us at info@infolob.com Phone: 972.535.5559 Visit us on the web at www. Infolob.com Corporate Office: 909 Lake Carolyn # 120 Irving, TX USA 75039