Make Critical Decisions Easier
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Make critical decisions easier with clear project portfolio management goals. With the right tools, management can watch budgetary, resource, and delivery KPIs at the desirable level.
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Make Critical Decisions Easier
- 1. PAGE 1 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management (PPM) Decisions When PPM Goals are Clear, Critical Decisions Get Easier The Disturbing Reality About Today’s PMO
- 2. PAGE 2 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals Project Portfolio Management’s (PPM) high-level promise is providing a clear line of sight from the C-suite all the way to the project execution level.
- 3. PAGE 3 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals With the right tools, management can watch budgetary, resource, and delivery KPIs at the desirable level.
- 4. PAGE 4 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals With the right tools, management can watch budgetary, resource, and delivery KPIs at the desirable level. The C-suite can tell quickly if the projects are delivering on goal without having to drill down to the project manager detail.
- 5. PAGE 5 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals The first and foremost imperative of PPM practitioners is to select projects that hew to the overall business strategy.
- 6. PAGE 6 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals The first and foremost imperative of PPM practitioners is to select projects that hew to the overall business strategy. Tracking profitability, optimal resource usage, scope, and delivery can give leadership a clear, real-time view into how the current project is impacting the organization’s health.
- 7. PAGE 7 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals Learning to keep tabs on the proper indicators, at the proper level, ideally enables leadership to continually pick better projects to help position the company for future success.
- 8. PAGE 8 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals PPM tools tell management when set goals are in danger of not being met or when projects start to stray from strategy.
- 9. PAGE 9 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals PPM tools tell management when set goals are in danger of not being met or when projects start to stray from strategy. In either case, executives can see and act quickly to bring the project portfolio back on track.
- 10. PAGE 10 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals Serious problems can occur if leadership misses the moment of decision:
- 11. PAGE 11 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals • Unprofitable projects continue to drag along Serious problems can occur if leadership misses the moment of decision:
- 12. PAGE 12 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals • Unprofitable projects continue to drag along Serious problems can occur if leadership misses the moment of decision: • Pulling resources into their wake
- 13. PAGE 13 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals • Unprofitable projects continue to drag along Serious problems can occur if leadership misses the moment of decision: • Pulling resources into their wake • Burning out staff
- 14. PAGE 14 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals • Unprofitable projects continue to drag along Serious problems can occur if leadership misses the moment of decision: • Pulling resources into their wake • Burning out staff • Frustrating valuable customers
- 15. PAGE 15 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals Stepping in to terminate non- strategic time-wasters and shift resources to projects that could or are delivering against goals exemplifies this kind of agile course correction that is now possible.
- 16. PAGE 16 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Project Portfolio Management Goals Leadership can see the project portfolio develop in accurate snapshots instead of waiting for bad news to filter up through the organization – by which time it may be too late to recover.
- 17. PAGE 17 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS Free Trial Click below if you would like to learn more about gaining visibility into portfolio management. Click now to try your free online project management software trial
- 18. PAGE 18 • The Disturbing Reality About Today’s PMO COMPANY CONFIDENTIAL © 2013 KEYEDIN™ SOLUTIONS About KeyedIn ProjectsKeyedIn™ Projects is a fully integrated suite of business applications designed to take the complexity out of managing complex projects. Click to learn more about KeyedIn™ Projects
Hinweis der Redaktion
- As you can see, there is much to be concerned about as you set up your PMO and PPM strategy. As pointed out by the first two bullets on this slide, The failure rate is very high with about half of all PMOs closed within 3 years or considered implementation failure. And as Gartner points out and is backed up by many other industry statistics, the there is not a lot of good news when it comes to how the PMO and Project teams are considered by the rest of the organization. An amazing 68% of stakeholders perceive their PMOs to be bureaucratic and only 40% of projects met their goals when it comes to schedule, budget and quality. The overall takeaway from the information on this slide is that there is no surprise that the gap we talked about exists.
- [Talking points]Would love to hear your feedback about today’s event, our solutions and the direction our company is headed in – please feel free to contact me anytime.