PPM Studio: 7 Steps For Projects Portfolio Improvement

PPM Studio Webinar 7 checks to improve your Projects Portfolio Performance (04-Mar-2009, 11.00 AM EST) Presenters: Deepak Goel (Product Manager) (Deepak_Goel@semanticspace.com)

Agenda
Company Overview
Identifying hidden issues in Projects Portfolio
Corrective measures to address PPM Issues
PPM Studio Product Demo
Organizational Benefits
Q&A?
Thanks for joining us!!
The session is for 1 hr
Audience will be muted during the session
Please post your queries through chat, all the queries will be answered during Q&A after the session
The presentation slides will be uploaded on our website after the session
Instructions

Semanticspace Technologies Limited
In business since 1997 with an annual revenue of $100 Mn, 1200 employees, 10 offices in 7 countries.
Our Offerings
Enterprise solutions
QA & Testing services
Product Engineering
Packaged Applications
Group Companies
Arsin Corporation (Leading SAP Partner)
Prolifics (Leading IBM partner)
Microsoft Gold certified partner
Delivered over 1000 mission critical applications to companies ranging from startup to Fortune 100.

Project Management Statistics
The main IT project failure criteria identified by the IT and project managers were :
Missed Deadlines (75%)
Exceeded Budget (55%)
Poor Communications (40%)
Inability to meet Project Requirements (37%)
Lack of Planning (39%)
Poor Quality Control (35%)

Check 1: Project Governance
Defining Business Goals
Ranking Business Goals
Ranking Projects against Business Goals
Evaluate Projects based on strategic alignment, budget required, risk involved, IRR and NPV
What-if analysis to evaluate your projects selections

Check 2: Project Management Framework
Project Planning
Task Planning
Team Planning
Project Scoping and Change Management
Risks and Issues Management
Project Cost Management
Communication Management
Stakeholder’s Management
Project performance monitoring by KPI’s

Check 3: Optimizing Resource Management
Advance Resource Capacity Planning
Resource allocation by Project Technology and Competency Requirements
Resource Utilization by skill, by role, by department
Timesheet Management

Check 4: Overall Financial Management
Project Costing and Billing
Project Expenses Management
Project Profitability
Project Cost by Timeline
Earned Value Management
Overall Organization Financial Management

Check 5: IT Asset Management
Building a centralized Asset repository
Identifying the needs of assets in advance
Assets investment evaluation
Saving cost on non-utilized assets

Check 6: Process Automation
Defining Standard processes and practices
Automate manual processes into automated processes
Enforcing quality measures or hard stops on process gates
Following best fit process methodology for different project types

Check 7: Knowledge Management
Building a centralized knowledge repository
Encouraging PMO to define processes, templates and store them in knowledge repository for organizational use
Submitting Projects data, best practices, lessons learnt to Knowledge repository for future reference
Referring Knowledge repository for past experiences while initiating new project

Live PPM Studio Demo…

Q & A? Contact us: http://www.ppmstudio.com

PPM Studio: 7 Steps For Projects Portfolio Improvement

by goeldg on Mar 19, 2009

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PPM Studio: 7 Steps For Projects Portfolio Improvement — Presentation Transcript

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