Submitted by: Submitted by youngtom5
Views: 352
Words: 6189
Pages: 25
Category: Science and Technology
Date Submitted: 10/27/2011 02:20 AM
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Enterprise Project-portfolio Management (EPM) is about aligning people, projects and organizational priorities. It's about reclaiming the wasted resource effort applied on work that adds no business value. EPM is also about project selection and prioritization, with the ultimate goal of sustaining a steady flow of new project champions. By controlling how your business spends its capital and people resources, and identifying the projects in which to invest, EPM is the method by which you operationalize your business's strategy.
[pic] | |If you've ever asked yourself, "what are my employees working on?", you would find that most resources are performing non-critical work derived from various sources that occupy a substantial part of their time. Although the lack of work prioritization remains a key factor, another major cause of misalignment is that most companies' project portfolios suffer from too many projects for the limited resources available. This growing number of marginal initiatives, combined with ineffective project alignment and prioritization, results in poor project and resource performance, critical delays to product releases and higher-than-acceptable failure rates.
PMOfficeâ„¢ structures an environment in which all resources are tasked from within a central prioritized system. No other assignments can be considered. It establishes a dynamic decision process, whereby a business' list of new projects can be evaluated, selected and prioritized. Active projects can be continuously updated and revised, and may be accelerated, rescued, killed or de-prioritized. Resources are constantly reallocated to all remaining initiatives, aligning your project and organizational priorities with your business strategies.
PMOffice's legendary ease of use, facilitates a scenario approach to (re)prioritizing projects by merging all project information and scorecard data into one visual model. This unprecedented level of integration means your organization will not...