PPM in an Organization Context Organizational Transformation Strategy Updated Strategic Initiatives Business Products and Services Improved Business Products and Services Systems and Applications Integrated Systems and Applications Technology and Infrastructure Optimized Technology and Infrastructure Capabilities Transformation Capabilities of the Current Enterprise Capabilities of the Future Enterprise Organizational Resource Alignment So now what is PPM? What is PPM? Doing the Right Things Doing the Things Right • What are the right things? • Are we doing things that we are not doing? • Are there things that we should be doing that we’re not? • How can we improve decision making? • What is the right way to do something? • How do I make sure we do the things right? • How can we improve what we do? Value of of Project and Portfolio Impact Improving PortfolioManagement vs Project Mgmt Realized benefits of PPM • Visibility • Innovation • Control • Productivity • Value • Alignment Create Select Manage Plan • Risk • Quality Initiatives Portfolio Lifecycle Project Dependencies Modeling complex project relationships Project B is dependent on Project A If Project A is selected, Project B is selected Scheduling relationship where Project B cannot start until Project A is completed Drives capacity planning If Project A is rejected, Project B is rejected Only 1 project is selected Represents a set of alternatives Example: Three different software suites to address the same needs, where only one gets selected Project A, B, and C are interdependent Either all get selected or all get rejected Projects that are part of the program and are pre-requisites of one another Portfolio Selection Methodology Initiatives Portfolio Lifecycle Who from PPM? Whobenefits are the stakeholders? Key Components of a PPM System Collaboration and Workflow Management Project Dashboard/ Reporting Corrective Actions (offline) Progress Updates Capital Planning/Portfolio Management Selected Projects Project Performance Reporting Data View, Review Project Documents Project Document Management Task/Work Assignment Core Project Management Actuals Upload Documents Schedule & Cost Updates Project Cost Control Schedule & Cost Post-Risk Mitigated Schedule Risk Management Integration Layer Cost/HR/Material Synchronization Asset/Work Package Synchronization ERP/Asset Management/ALM/etc Team Member Updates and Work Management Realized benefits of PPM • Visibility • Innovation • Control • Productivity • Value • Alignment Create Select Manage Plan • Risk • Quality