PMI Long Island Chapter

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OpenMetrik Product Overview: IT Portfolio Management

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PMI Long Island Chapter

  1. 1. LaborInfor mation Over load Tracking Tools Portfolio/Budget Management Tools Asset Tracking, Real Risks… & Resource Infrastructure Utilization • Lack of Integration (too costly!) • Limited Mapping to Governing Processes (diminished return!) Project Tracking Tools • Strategies and Tactics are disconnected (“finger-pointing” becomes business as usual!) Executive Dashboards Reporting/Analysis Tools
  2. 2. Objective: Build a CarComponents: • chassis • engine • transmission • exhaust system • interior • electronics The • Corinthian leather cup-holder A ssembly Line
  3. 3. Objective: Build a CarComponents: • chassis • engine • transmission • exhaust system • interior • electronics The • Corinthian leather cup-holder Start A ssembly End Line
  4. 4. Activities are: • goal oriented • in-motion • autonomous • time-centric • focusedAs well as… The • isolated • silo-centric metrics Start A ssembly End • independent yet connected Line
  5. 5. Success isperceived… Rolls Royce PhantomBy building the car: $320,000- Completely- Accurately- Efficiently and Hyundai The Accent A ssembly- Cost-effectively! Start Bugatti Veyron 16.4 End $1,700,000 Line $12,000
  6. 6. ManagementControl All stations centrally managed Governance Framework All stations self-aware and integrated
  7. 7. ManagementControl• Projects, Products and Processes are managed cent- rally• Complete visibility into all operations and service metrics Governance Framework • All applications are integrated • Real-time data collaboration
  8. 8. OpenMetrik Over view Established as a Management Consulting firm in1995 Our management team have proven expertise inthe fields of manufacturing, finance, engineeringand IT Introduced our first line of enterprise software(eCIO) in 2000 In 2001 Chandra Sekar, OpenMetrik CTO…
  9. 9. OpenMetrik Over view“Individual software tools, separately and untothemselves, are not the solution. Unless decision-support apps are integrated and implemented ontop of a business driven governing framework,management will continue to spar and grapple forvital strategic and tactical information.We need to manage and control the Informationpipeline…” Chandra Sekar, 2001
  10. 10. OpenMetrik Over view The whole is greater than thesum of the parts!
  11. 11. OpenMetrik Deliver s… Management Control Software designed to support a Governance Framework.A fully integrated and Balanced Scorecard drivensystem for effectively measuring Tactical performanceand enabling Strategic validation and decision-making. An ERP-like application-set that behaves as a “True Disciple of the Process”.
  12. 12. Governance Channels • Project Portal • End-to-end Management • Executive Dashboards • Strategic Metrics of projects, products & • Business Alignment processes • Manage across Cost • Forecasting/Trending Centers Analysis • Program life-cycles • Manage Tactical data • Manage multiple • Timesheets Methodologies (i.e., PMI, • Non-labor ITIL, Six Sigma, etc.) • Task assignment • Gate Reviews • Issues Escalation • Senior Management • Resource utilization Reporting • Prioritize/Schedule/Deploy
  13. 13. Real-Time Wired Enterprise Business Expectation Business Reality CXO Center Provide fully-integrated  With complete visibility into allPortfolio-based management business goals, programs, projects, product development, processes, and operations PMO Center P3M Center TACT Center
  14. 14. Real-Time Wired Enterprise Business Expectation Business Reality CXO Center Provide fully-integrated  With complete visibility into allPortfolio-based management business goals, programs, projects, Provide a seamless conduit of product development, processes,communication and and operationscollaboration  Manage important documents PMO Center and collateral, as well as perform general project administration through a comprehensive Admin interface P3M Center TACT Center
  15. 15. Real-Time Wired Enterprise Business Expectation Business Reality CXO Center Provide fully-integrated  With complete visibility into allPortfolio-based management business goals, programs, projects, Provide a seamless conduit of product development, processes,communication and and operationscollaboration  Manage important documents PMO Center Ensure alignment, and collateral, as well as performconformance and compliance general project administration through a comprehensive Admin interface  Eliminate process bottlenecks P3M Center and automate standard PM functions via an embedded Workflow engine TACT Center
  16. 16. Real-Time Wired Enterprise Business Expectation Business Reality CXO Center Provide fully-integrated  With complete visibility into allPortfolio-based management business goals, programs, projects, Provide a seamless conduit of product development, processes,communication and and operationscollaboration  Manage important documents PMO Center Ensure alignment, and collateral, as well as performconformance and compliance general project administration Establish complete visibility through a comprehensive Adminand accountability interface  Eliminate process bottlenecks P3M Center and automate standard PM functions via an embedded Workflow engine  Automate and optimize all Reporting functions TACT Center
  17. 17. Real-Time Wired Enterprise Business Expectation Business Reality “Strategy is a Provide fully-integratedPortfolio-based management CXO Center hypothesis that With complete visibility into all  business goals, programs, projects, Provide a seamless conduit ofcommunication and can only be proven product development, processes, and operationscollaboration throughimportant documents Manage credible  PMO Center Ensure alignment, and collateral, as well as performconformance and compliance Establish complete visibility and project administration general ongoing through a comprehensive Adminand accountability Drive and hard-wire Strategy Tactical interface Eliminate process bottlenecks to Tactics; and Validate Strategy using a P3M Center feedback…” and automate standard PM functions via an embeddedBalanced Scorecard Workflow engine  Automate and optimize all - Glen B. Alleman, Reporting functions VP, Program Management Office TACT Center CH2M HILL
  18. 18. Applying the Balanced ScorecardComplete Process Coverage of: Budget Planning Process Investment Portfolio Analysis Strategic Cost Management Project Prioritization & Approval • Strategic Planning & Capability Assessment Business-IT Alignment Financial Accountability Responsiveness to Change • Strategic Re-Thrusts using Metrics & IT Metrics Scorecard & Feedback Process Feedback Standards Management Process Methodology & Gating Process • Best Technology Use / Optimization Operational Governance & Excellence Change Management Process Asset & Acquisition Management Vendor & Outsourcing Management • CIO / IT Metrics Scorecard & Talent Acquisition, Retention & Growth Feedback Employee Core Competency
  19. 19. Technical Overview Web-based deployment Java/XML-based Full RDBMS compatibility Modular design Fully ConfigurableSupports industry standard Process methodologies Multi-date, multi-currency
  20. 20. Create a Project and attach all relevant data to it…
  21. 21. Apply automatic routing for review, approval and issues escalation through the embedded workflowengine…
  22. 22. Begin deriving valid ROIs and cost/benefit using business risk parameters…
  23. 23. The Project Dashboard is the “one-stop-shop” for managing all elements of a project…
  24. 24. Initiatives can have dollars as well as human and other physical assets associated to them.Maintain complete governance over your technical architecture…
  25. 25. With total integration to Adobe Acrobat, a report or online panel can be easily formatted to a PDFfile. Additionally, OpenMetrik works seamlessly with Crystal Reports so staff can createadditional on-the-fly reports as needed…
  26. 26. OpenMetrik comes with it’s own Document Management / Knowledge-base repository. Allassociated project documents (plans, schematics, blueprints, contracts, etc.) are linked andreadily accessible…
  27. 27. “One of the most dangerous forms ofhuman error is forgetting what one istrying to achieve.”Glen B– Paul Nitze
  28. 28. Contact Information openmetrik inc. 242 Old New Brunswick Rd. Suite 100 Piscataway, NJ 08854 732-465-0440

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