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PM3: Streamlining Project Portfolio Management
To find out more about
PM3, please call
Bestoutcome on
01753 885864 or email
info@bestoutcome.com
Don’t just take our word for it, look at our clients...
When managing multiple projects across the business, have you ever asked
yourself the following questions?
1. Do we have a clear idea of progress?
2. Do we know who is doing what?
3. Are we making the most of our resources?
Do you recognise The Problem? If yes, you need The Solution.
The Problem
manual error prone resource heavy expensive
PROJECTS AND PROGRAMMES PORTFOLIOS
MULTIPLE FILES, MULTIPLE FORMATS MULTIPLE VERSIONS OF THE TRUTH
CAPACITY V DEMAND UNCLEAR
WORK IS RESOURCE CONSTRAINED
UNKNOWN CAPACITY
LABOUR INTENSIVE
INEFFICIENT, ERROR-PRONE
EXPENSIVE PROCESS
INCOMPLETE, INACCURATE
AND OUT OF DATE PICTURE
UNCLEAR STATUS
UNCLEAR ROLES
WHO IS RESPONSIBLE FOR REPORTING ON THE PROJECTS AND PROGRAMMES AND PRESENTING TO THE EXECUTIVES?
PROJECT & PROGRAMME MANAGERS
TIME CONSUMING STATUS UPDATES,
INDIVIDUAL STANDARDS,
NOT ALWAYS COMPLETED, REPORTS RARELY READ
PMO
INCONSISTENT REPORT FORMATS AND LEVELS,
VARIABLE DATA QUALITY,
LABOUR INTENSIVE TO COLLECT AND COLLATE,
IRREGULAR, DISCONNECTED REPORTING CYCLES
EXECUTIVES
DOUBT/FRUSTRATION, UNCLEAR PICTURE OF TRUE STATUS,
COMPARISONS AND TRENDS NOT MEANINGFUL,
UNABLE TO SEE CAPACITY FOR BUSINESS GROWTH
PPT
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PPT
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DOC
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EXECUTIVE REPORTING
MULTIPLE REPORTS, MULTIPLE STANDARDS
TIME-CONSUMING PROCESS
SUBJECTIVE INTERPRETATION
MANUAL EFFORT
CLEAR ROLES
CLEAR RESPONSIBILITIES FOR REPORTING ON THE PROJECTS AND PROGRAMMES AND PRESENTING TO THE EXECUTIVES
The Solution
PROJECT & PROGRAMME MANAGERS
LIGHT-TOUCH STATUS UPDATES,
REGULAR “DRUMBEAT” REPORTING CYCLE,
COMMON STANDARDS
PMO
ACCURATE, UP-TO-DATE, CONSISTENT INFORMATION
ALWAYS AVAILABLE, TRENDS & ASSURANCE,
AD-HOC REPORTING AT THE TOUCH OF A BUTTON
EXECUTIVES
FULL VISIBILITY & CONSISTENCY,
CONFIDENT DECISION MAKING
transparent streamlined visible cost-effective
PRO
JECTS AND PROGRAMMES
PORTFO
LIO
S
central hub
ONE VERSION OF THE TRUTH
IN REAL TIME
EXECUTIVE REPORTING
RESOURCES & CAPACITY
COMMITTED & AVAILABILITY,
WHAT-IF SCENARIO PLANNING
SUMMARY & DRILL DOWN,
EARLY WARNINGS OF TROUBLE
PORTFOLIO DASHBOARD
TEAM REPORTING
PLANS
ALERTS
BALANCED, PRIORITISED
PORTFOLIO, BENEFITS AND
BUSINESS OUTCOMES
MILESTONES, TASKS,
GATEWAYS, RESOURCES, COSTS
ONE-PAGE STATUS REPORTS
EXCEPTION REPORTS
RISKS, ISSUES, ACTIONS,
DEPENDENCIES
NEW IDEAS
FOR BUSINESS GROWTH

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Infographic - How a PMO/PPM tool like PM3 gives one version of the truth

  • 1. PM3: Streamlining Project Portfolio Management To find out more about PM3, please call Bestoutcome on 01753 885864 or email info@bestoutcome.com Don’t just take our word for it, look at our clients... When managing multiple projects across the business, have you ever asked yourself the following questions? 1. Do we have a clear idea of progress? 2. Do we know who is doing what? 3. Are we making the most of our resources? Do you recognise The Problem? If yes, you need The Solution. The Problem manual error prone resource heavy expensive PROJECTS AND PROGRAMMES PORTFOLIOS MULTIPLE FILES, MULTIPLE FORMATS MULTIPLE VERSIONS OF THE TRUTH CAPACITY V DEMAND UNCLEAR WORK IS RESOURCE CONSTRAINED UNKNOWN CAPACITY LABOUR INTENSIVE INEFFICIENT, ERROR-PRONE EXPENSIVE PROCESS INCOMPLETE, INACCURATE AND OUT OF DATE PICTURE UNCLEAR STATUS UNCLEAR ROLES WHO IS RESPONSIBLE FOR REPORTING ON THE PROJECTS AND PROGRAMMES AND PRESENTING TO THE EXECUTIVES? PROJECT & PROGRAMME MANAGERS TIME CONSUMING STATUS UPDATES, INDIVIDUAL STANDARDS, NOT ALWAYS COMPLETED, REPORTS RARELY READ PMO INCONSISTENT REPORT FORMATS AND LEVELS, VARIABLE DATA QUALITY, LABOUR INTENSIVE TO COLLECT AND COLLATE, IRREGULAR, DISCONNECTED REPORTING CYCLES EXECUTIVES DOUBT/FRUSTRATION, UNCLEAR PICTURE OF TRUE STATUS, COMPARISONS AND TRENDS NOT MEANINGFUL, UNABLE TO SEE CAPACITY FOR BUSINESS GROWTH PPT DOC DOC XLS PDF PPT PPT XLS PDF DOC DOC DOCDOC XLS PDF PPT PPT XLS PDF PDF DOC DOC XLS PDF PPT PPT XLS PDF DOC PDF DOC DO C DOC DOC XLS PDF PPT PPT XLS PDF PDF DOC DOC XLS PDF PPT PPT XLS PDF DOC PDF PPT DOC DOC XSL PDF PPT PPT XSL PDF EXECUTIVE REPORTING MULTIPLE REPORTS, MULTIPLE STANDARDS TIME-CONSUMING PROCESS SUBJECTIVE INTERPRETATION MANUAL EFFORT CLEAR ROLES CLEAR RESPONSIBILITIES FOR REPORTING ON THE PROJECTS AND PROGRAMMES AND PRESENTING TO THE EXECUTIVES The Solution PROJECT & PROGRAMME MANAGERS LIGHT-TOUCH STATUS UPDATES, REGULAR “DRUMBEAT” REPORTING CYCLE, COMMON STANDARDS PMO ACCURATE, UP-TO-DATE, CONSISTENT INFORMATION ALWAYS AVAILABLE, TRENDS & ASSURANCE, AD-HOC REPORTING AT THE TOUCH OF A BUTTON EXECUTIVES FULL VISIBILITY & CONSISTENCY, CONFIDENT DECISION MAKING transparent streamlined visible cost-effective PRO JECTS AND PROGRAMMES PORTFO LIO S central hub ONE VERSION OF THE TRUTH IN REAL TIME EXECUTIVE REPORTING RESOURCES & CAPACITY COMMITTED & AVAILABILITY, WHAT-IF SCENARIO PLANNING SUMMARY & DRILL DOWN, EARLY WARNINGS OF TROUBLE PORTFOLIO DASHBOARD TEAM REPORTING PLANS ALERTS BALANCED, PRIORITISED PORTFOLIO, BENEFITS AND BUSINESS OUTCOMES MILESTONES, TASKS, GATEWAYS, RESOURCES, COSTS ONE-PAGE STATUS REPORTS EXCEPTION REPORTS RISKS, ISSUES, ACTIONS, DEPENDENCIES NEW IDEAS FOR BUSINESS GROWTH