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PPM Jumpstart With PeopleSoft Program Management
 

PPM Jumpstart With PeopleSoft Program Management

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Jumpstart your PPM initative with PeopleSoft Program Management

Jumpstart your PPM initative with PeopleSoft Program Management

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    PPM Jumpstart With PeopleSoft Program Management PPM Jumpstart With PeopleSoft Program Management Presentation Transcript

    • Using PeopleSoft Program Management and Project Costing to Jumpstart your Project Portfolio Management Initiatives AMC “Executive Presentation” Series
    • Project Portfolio Management (PPM)?What is a “Portfolio” approach?A Portfolio Approach attempts to determine which portfolio of investments are likely to produce a desired level of change at the lowest cost or best ROI at the lowest risk of failure.What is Program ManagementThe overall management of a series of related, ongoing projects within an organization. 2
    • What is Project Portfolio Management (PPM)?What do PPM systems do?2. automate the centralized collection of data about demand, costs, schedules, and resources for investment prioritization3. enable effective execution of the programs and projects responsible for delivering new technologies and other IT assets4. control and measure investment in ongoing operations 3
    • PeopleSoftBenefits of using PeopleSoft Program Management and Project Costing to Jumpstart your PPM Initiative 4
    • Benefits of Project CostingProvides visibility, management tools , and accounting aspects that arerelated to your project activities.•Capture and arrange various types of project cost information, such as laborand material costs. -mm•Provides visibility for project related data via dashboards, reports, andQueries.•Provides data feeds for other systems•Can re-price and allocate costs for projects•Provide capital cost information for Asset Management depreciationUsed For Typical Users GroupsCapital Construction, Project Accountants Facilities-ConstructionMaintenance, and Project Mangers ITEnhancement Projects Project GrantsProfessional Services Projects Administrators PMO GroupsIT Projects Senior Management FinancePlant Outage Cost tracking, Sales groupEmergency ProjectsIndirect Recharge Projects 5
    • Benefits of Program ManagementCentralize, Prioritize, Track and Mange your portfolio Investment Activities toget the best return on investment for your money spent on your projects andprograms•Business Case Evaluation and Funding Approvals•Configurable Program Level Dashboards, with key metrics and ability to drilldown•Integration with Primavera and MS Project•Program Level Budgeting•Integration with other PeopleSoft Modules•Earned Value Management•Program and Project Management Tools and Reports•Reports for external stakeholdersUsed For Typical Users DepartmentsManaging Long Term Capital Project Mangers Senior Managementspend programs Project Administrators Construction-Facilities Senior Management FinanceIT – Application Portfolio ITManagementEnergy Portfolios Research ProgramsLocation Management 6
    • Summary of Benefits-Costs-Risks of PPMOrganizations implementing PPM can expect several benefits from the visibility and functionality that PPM tools offer.The scale, timing, and duration of these benefits can be estimated by considering one or more key metrics and the value to the organization of improving those metrics over time.Benefits include:• Reduced Project Failures• Lower project throughput times.• Reduced number of low-value projects.• Higher value management time (status reporting and facilitation). 7
    • Implementation Approach1. Start with PeopleSoft Program Management and Project Costing2. Pilot the Portfolio Management approach without huge investments3. Integrated into the PeopleSoft solution4. Rollout other applications when ready5. Do along with your PeopleSoft upgrade – clean data now while you have the focus/budget 8
    • AMC Executive OverviewsAMC “Executive Presentation” Series – Presentations and Webinars• Using PeopleSoft Program Management and Project Costing to Jumpstart your Project Portfolio Management (PPM)initiative• The Benefits, Challenges, and Best Approach to Portfolio Management• PeopleSoft Application Asset Lifecycle Management• Sustainability, Triple Bottom Line, Renewables, and PeopleSoft• The Science of Asset Management - Capacity Building and Competency Centers• Maximize your ROI with your PeopleSoft Upgrade 9
    • Contact AMCMike Castronovo, President AMC Infomediariesmcastronovo@amcinfomediaries.com404.402.0869www.amcinfomediaries.com 10