ppm studio: 7 steps for projects portfolio improvement
TRANSCRIPT
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PPM Studio Webinar
7 checks to improve your Projects
Portfolio Performance (04-Mar-2009, 11.00 AM EST)
Presenters:
Deepak Goel (Product Manager)
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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
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Semanticspace Technologies LimitedSemanticspace 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.
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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%)
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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
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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
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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
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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
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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
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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
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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
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Live PPM Studio Demo…
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Q & A?Q & A?
Contact us:
http://www.ppmstudio.com
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