Microsoft Office EPM Solution: Going from the Desktop to the Enterprise Tad Haas Business Productivity Specialist Microsoft Corporation MPUG Briefing 9/14/04 (Draft v1 – 8/11/04) Project Management Evolution – Desktop to Enterprise Individual managers Scheduling and reporting Greater team participation Collaboration on docs, risks Project portfolio management People utilization and tracking Participation Across Your Organization is Key Executive Stakeholders Resource Managers Project portfolio management, reporting Skills-based resource management Team Members Use familiar tools to collaborate, report status IT Managers Open, secure systems Project Managers IT Managers Intuitive project management Project Managers Team Executive Members Stakeholders Resource Managers • • Can we link project data with front &itback office? When will really finish and what will cost? What What’s am the I we supposed status our to be top delivering 3our initiatives? this week? Who’s available toofstaff our new projects? What’s the best& way towith deploy and monitor? Can we re-use best practices across projects? How can I see collaborate prioritize initiatives people on across my team? my org? Who's working on what and do they have the skills? Connecting Your Employees To Projects Using Familiar Tools Executives Resource Managers Team Members Line of Business Systems Project Managers Powerful Capabilities for Your Organization Visibility Insight Control Portfolio Management Scorecard Reporting Portfolio Analysis Risk Mitigation Templates Portfolio Modeling Resource Management Resource Allocation Capacity Planning Project Management Cost System Integration Communication & Collaboration Variance Reports Web Access Status Reports Skill Matching Resource Substitution Staffing Methodology Integration Project Templates Outlook Integration Document Management Scheduling Issue Tracking Email Notifications Microsoft Office Enterprise Project Management Solution Inconsistent project delivery affecting quality of work Multiple project failures negatively impacting profitability Repeatedly missed deadlines and budget overruns Inaccurate project reporting hindering performance tracking Inability to monitor and communicate potential project issues Deliver sustainable value to your business Project Management Addresses These Challenges Consistent quality of delivery Implement and refine repeatable processes for high-quality project delivery Improved profitability Maximize operational performance through reduced cycle times Sustained business vitality Stay ahead of the competition and exceed customer expectations Greater governance and control Identify cost and schedule variances to identify at risk projects earlier Your Projects Cannot Afford to Fail Succeed 34% Fail 15% Over time or over budget 51% 66% of all IT projects fail, come in over budget or run past the original deadline Every year, $55 billion is wasted on failed IT projects in the U.S. Business Impacts: Chaos Chronicles 2003, The Standish Group Reduced profitability Inability to fund new projects Poor customer satisfaction Why Projects Fail 1. Inadequately trained and/or inexperienced project managers 2. Failure to set and manage expectations 3. Poor leadership at any and all levels 4. Failure to adequately identify, document and track requirements 5. Poor plans and planning processes 6. Poor effort estimation 7. Cultural and ethical misalignment 8. Misalignment between the project team and the business or other organization it serves 9. Inadequate or misused methods 10. Inadequate communication, including progress tracking and reporting gantthead.com, “The Top 10 Reasons Projects Fail”, Frank Winters, 2003 Project Management Can Help Companies implementing EPMOs successfully see an approximately 80% return on investment (ROI), a 20% reduction in project cycle time, a 30-35% increase in successful project delivery and such intangible benefits as improved employee morale, productivity and empowerment. Giga Information Group, “Designing an Enterprise Project Management Office to Improve Organizational Project Management Efficiency”, August 09, 2002 Growing Adoption of Project Management Giga Research, a wholly owned subsidiary to Forrester Research Inc., expects to see an annual 15% per year increase in formal project management practices during the next five years. Giga Information Group, “Project Management Best Practices: Key Processes and Common Sense”, Margo Visitacion, January 30, 2003 Powerful Project Management Capabilities Defined processes and guidance to manage projects in a consistent manner Robust scheduling capabilities to keep project teams on track in meeting customer expectations Issue tracking and reporting to improve decision making and performance Deliver High-Quality Projects Consistently with Repeatable Processes Incorporate and adopt standard project management methodologies Easily roll-out customized processes and best practices Guide new project managers through all phases of project management Meet Customer Expectations with Accurate Planning and Tracking Create realistic project plans based work required, resources available and budget constraints Enable team members to help keep project plans up to date Easily identify variations in actual performance from intended project goals Proactively address problem areas and resource conflicts to keep projects on track Improve Accountability and Resolution of Issues Centrally store, assign and escalate projectrelated issues Recognize problem areas early and resolve issues quickly before they jeopardize the success of projects Increase team members’ ownership and accountability of this process Microsoft Office Enterprise Project Management Solution Lattice Semiconductor Designs, develops and markets high-performance programmable logic devices and related software World’s leading supplier of in-system programmable logic devices Solution Streamline product development process to provide executives an enterprise wide view of all development projects Value to the Business Improved competitive advantage Developed a common method for scheduling and tracking projects Enhanced visibility into project and resource status Increased resource effectiveness and productivity Simplified management of projects Microsoft Office Enterprise Project Management Solution Cooper Tire & Rubber Founded in 1914, specializes in the manufacturing and marketing of rubber products 23,000 employees and 52 manufacturing facilities in 13 countries Solution Shrinking product life cycles and market share lead Cooper to streamline business processes from marketing concept development and project mold creation to prototype procurement and design certification Value to the Business Increase market share and profitability by reducing time-to-market by 50% Net revenues are projected to grow U.S.$1.6M over three years Lower TCO to total $2.9M over three years Microsoft Office Enterprise Project Management Solution NASA The Spaceport Engineering and Technology Directorate, an organization within NASA, integrates engineering and spaceport technology development for Kennedy Space Center in Florida Solution Management and reporting of project schedules, human resources, and budgets to help plan, manage and track projects Value to the Business 25% savings in project tracking time Easier monitoring of project status, budget, and schedules Unified and shared reporting across projects Coordination of available personnel and skills to project or task requirements Improved team communication Microsoft Office Enterprise Project Management Solution Microsoft Project Business Unit Formed in 1988 to develop project management software, the Microsoft Project Business Unit has grown to about 100 employees Solution Developers needed to plan and track processes for building nextgeneration software Benefits Product developers align plans with group business strategies to measure progress against strategic objectives Collaboration increasing worker efficiency by simplifying processes Collaboration reduced management overhead by 50% in development stage Project Failure is Controllable and Avoidable Top 10 Reasons Projects Fail Avoid Failure with the EPM Solution Inadequately trained and/or inexperienced PMs 2. Failure to set and manage expectations 3. Poor leadership 4. Failure to adequately identify, document and track requirements 5. Poor plans and planning processes 6. Poor effort estimation 7. Cultural and ethical misalignment 8. Misalignment between the project team and the business 9. Inadequate or misused methods 10.Inadequate communication, including progress tracking and reporting 1. 1. gantthead.com, “The Top 10 Reasons Projects Fail”, Frank Winters, 2003 2. 3. 4. 5. 6. 7. 8. 9. 10. Project Guide, Microsoft Partner training courses and books Issue and Risk management Risk management, Portfolio management, Microsoft Partner training courses Document management Integrated cost/scheduling, Baselines, Resource management Activity-level work estimates integrated with schedule Collaboration and communication functionality Portfolio management Project Guide and Templates Project Web Access, Outlook integration, email notifications Meeting Your Project Goals with the Microsoft Office EPM Solution Reduce operational costs Increase profitability Gain business agility Develop a flexible capability Sustain competitive advantage Enterprise Resource Management Limited visibility into how employees are being deployed Underutilized resources across the organization Misalignment of resource assignments and business strategy Difficult to identify resources with the appropriate skill set and availability to work on projects Disconnect between desired skills/core competencies and recruiting and training efforts Difficult to forecast future resource needs for proper capacity planning Deliver sustainable value to your business Resource Management Addresses These Challenges Reduce operating expenses Better utilize staff; do more with less Effectively manage your labor pool Gain a holistic view of the composition of your workforce Align resources with business goals Ensure recruiting and training investments effectively Manage labor market volatility Forecast skill requirements; Retain top employees and strengthen core competencies Ramifications of Poor Resource Management Continued reliance on inexperienced project managers and the use of ad hoc methods and processes may inadvertently harm corporate relations with employees - or, worse, with trading partners and customers - since projects may meet cost/schedule performance goals only through heroic efforts. META Group, July 9, 2003, “Lack of Project Management Skills Is a Major IT Issue for Many Organizations”, META News Analysis Resource Management Can Help BENEFITS Firms measure the benefits of these (services automation) solutions primarily in terms of improved resource utilization (typically 5-15%), reduction in IT administrative costs, and reduced project time-tocompletion (8-12% improvement is common). PAYBACK Implementation payback is often achieved in 1 to 2 years, with some projects paying for themselves in as little as 6 months. META Group, January 9, 2003, “IT People and Process Improvement: Core Functions”, Ronald Hanscome. Meta Delta File: ADS 1240. What Is Resource Management? Availability Location Skills Aligns people with business goals by allocating resources to your highest priority initiatives Optimizes resource utilization and drives skill development and recruitment to achieve greater financial returns and ensure project success Growing Adoption of Resource Management By 2006, more than 50% of IS organizations will have adopted a mix of project portfolio management application services for managing team collaboration, allocating resources, and tracking utilization and costs (0.7 probability). - Gartner Gartner, Inc., July 2003, “Magic Quadrant for Project Portfolio Management”, Matt Light Powerful Resource Management Capabilities Centrally store and standardize resource information Manage resource utilization for optimal allocation and forecasting Build high-performing teams that leverage and maximize talents Centralize Resources for Ongoing Skills Management Centrally store, standardize and manage resource information across the organization Consolidate resource requirements to identify and avoid shortages in advance Evaluate labor pool to ensure employee skills align with your business strategy Assemble High-Performing Teams for Increased Project Success Analyze and assign resources to projects based on skill, availability, and location Filter and query the resource pool based on defined criteria Model the effects of substituting resources before implementing changes Understand Workload Trends for Effective Capacity Planning Evaluate resource utilization trends to determine staffing strategy Forecast future resource requirements based on historical utilization Ensure capacity to handle current and planned staffing requirements Microsoft Office Enterprise Project Management Solution AXA Financial 50 million individuals and businesses look to AXA to insure their property, protect their family or employees, manage their personal or business assets 130,000 employees and sales associates world wide Solution Centralized time recording processes, including defining capitalization per project, tracking overtime and nonstandard hours, and reporting costs at a project level Value to the Business Standardized reporting for resource and time management Simplified view of a single or multiple business units and projects Improved resource allocation and management Microsoft Office Enterprise Project Management Solution Starwood Hotels Global group operating the Sheraton, Four Points, Westin, St. Regis, Luxury collection, and W Hotels 114,000 employees worldwide Solution Starwood Hotels and Resorts EAME needed real-time project management intelligence to optimize use of available human and capital resources on multiple, multi-national IT projects Value to the Business Ability to manage complex projects more efficiently Maximizes the use of human and capital resources Increased productivity and reduced costs Meeting Your Resource Goals with the Microsoft Office EPM Solution Align resource utilization and development with business strategy Maintain high productivity and staff morale Balance resource capacity and demand Predict future skills and training requirements Enterprise Portfolio Management Gain visibility, insight, and control of all aspects of your project portfolio Ensure initiatives align with your strategic objectives Bring your organizational “parts” together and get a clear “big picture” view Realize participation from all project stakeholders Deliver sustainable value to your business Your Business Faces Increasing Complexity Misalignment of projects and business strategy Lacking a consolidated view of your organization’s activities and their status Inability to compare and measure projects consistently to understand the state of your portfolio Taking on projects that are too risky and fail too often Missing out on higher-reward opportunities Portfolio Management Addresses These Challenges Support Business Strategy Align projects and resources with corporate objectives Return on Project Investment Make timely, informed decisions based on accurate information Risk Tolerance Prioritize and select projects based on investment goals Business Agility Act and react swiftly in changing markets Organizations Lack Agility and Defined Management Practices 84% of companies are unable to adjust and align their budgets with business needs more than once or twice a year 84% of companies either do not do business cases for any of their IT projects or do them only on select/key projects 89% of companies are flying blind, with virtually no metrics in place except for finance MetaGroup, “The Business of IT Portfolio Management: Balancing Risk, Innovation and ROI”, Jan 2003 Portfolio Management Can Help Leaders in IT portfolio management demonstrate ways to cut IT costs by 2% to 5%, improve productivity 25% to 50%, and shift 10% to 15% of the IT budget into more strategic projects. Eric Austvold, The AMR Research Report, What it Takes to Be a Leader in IT Portfolio Management, July 21, 2003. Estimates link project portfolio management efforts to about a 30% return on investment over the first full year. InformationWeek, “Tracking the best-laid plans: Companies managing multiple projects as diligently as their investments and finding it pays,” Norbert Turek, May 2003 What is Portfolio Management? Strategy Setting & Portfolio Monitoring Process Definition & Improvement Information Flow Project Execution & Status Reporting The ongoing process of identifying, prioritizing, and investing in projects that align with your corporate strategy Continual flow of information provides insight into project performance and supports strategic decision making Growing Adoption of Portfolio Management By 2006, more than 50% of IS organizations will have adopted a mix of project portfolio management application services for managing team collaboration, allocating resources, and tracking utilization and costs (0.7 probability). - Gartner Gartner, Inc., “Magic Quadrant for Project Portfolio Management”, Matt Light, July 2003 Powerful Portfolio Management Capabilities Roll-up reports to effectively monitor and evaluate your portfolio Powerful analysis to make timely and informed business decisions Modeling to understand the impact of portfolio changes Monitor Performance through Roll-Up Reports Gain a consolidated view of your business Increase visibility with key performance indicators Establish consistent metrics and thresholds for evaluating project performance and portfolio health Make Better Business Decisions with Portfolio Analysis Review comprehensive, real-time portfolio information to ensure effective decision making Compare current portfolio progress against forecasted performance Identify trends over time to understand and improve your business Understand Your Options with Portfolio Modeling Develop “what-if” scenarios for evaluating and responding to evolving business needs Understand the impact of changes to projects or resource staffing before they become part of your actual portfolio strategy Microsoft Office Enterprise Project Management Solution Emerson Liebert Liebert has over one million power and environmental control systems installed throughout more than 100 countries Solution Embrace a project management strategy for developing new products faster, more cost effectively, and on time Value to the Business Global framework for standardized project management Improved cross-team communication Visibility of project schedule, resource, portfolio and project information across the organization Meeting Your Portfolio Goals with the Microsoft Office EPM Solution Align projects with business strategy Improve ROI across your portfolio Optimize investments Conduct powerful analysis and modeling on real-time information Gain insightful business intelligence Enterprise Collaboration & Communication Geographically and organizationally dispersed workforce Low participation throughout project management process Mounting volume of data to filter through Difficult to access complete, upto-date project-related information Limited ability to share information and knowledge easily Deliver sustainable value to your business Effective Collaboration Addresses These Challenges Head-on Encourage Innovation Support virtual and viral teaming Maintain Accountability Maximize participation across all project stakeholders Streamline information flow; Maximize Operational Efficiency Centralize project documentation to reduce rework and duplication Improve Project Performance Promote an open and ongoing exchange of knowledge and lessons learned Poor Communication Leads To Failure Ineffective communication ranks among the Top 10 biggest barriers to effectiveness according to the latest “State of the CIO” survey conducted by CIO Magazine. AVOIDING FAILURE CIO’s rank the ability to communicate effectively as the most pivotal skill for success (78%). CIO Magazine, “The State of the CIO”, April 1, 2003, Lorraine Cosgrove Ware. Good Communication Improves ROI Improved planning, resource utilization, project change management and project communications will provide most enterprises with significant return on investment (ROI). - Gartner Gartner, Inc., February 5, 2003, “Project Portfolio Management: Get a Grip (Again)”, Matt Light. What is Collaboration & Communication? Collaboration: centralized access to project information and resources that streamlines knowledge sharing across the organization Communication: ability to continuously and quickly interact with participants to successfully execute projects Executives Project Managers Customers Knowledge Hub Team Members Resource Managers Partners Growing Reliance on Communication & Collaboration Gartner, Inc., “Workforce Management: Your Best Investment Is in People”, December 5, 2002, Diane Morello and Cathy Harris. Powerful Communication & Collaboration Capabilities Make information easily accessible and relevant through the web and familiar tools Boost productivity through automated processes that make it easy to stay connected Enable all team members to participate for improved project performance Quickly Access Relevant Information through the Web Easy access to personalized, up-todate project information Effectively manage and prioritize work activities Submit progress on tasks and deliverables to keep plans up to date and on track Ensure Participation and Productivity with Familiar Tools Manage and report progress on tasks through e-mail and Outlook calendar Stay informed about new tasks, upcoming deadlines, changes to documents with alerts and automated e-mails Easily transfer and present project data in PPT, Word, Visio and Excel Improve Quality, Ownership and Accountability Reduce rework and duplication of efforts by centralizing and controlling project deliverables Strengthen team collaboration and innovation by sharing information and lessons learned Proactively identify, manage and respond to risks and issues Microsoft Office Enterprise Project Management Solution Sutter Health One of the nation’s leading not-for-profit networks of communitybased hospitals and physician organizations with 36,000 employees serving more than 100 Northern California communities Solution Facility planning and development required Enterprise Project Management to administer a 10-year and $3.5 billion capital program Value to the Business Centralization of information Improved financial understanding of projects Improved utilization of limited resources Easily accessible history of projects for more predictable estimates Microsoft Office Enterprise Project Management Solution NASA The Spaceport Engineering and Technology Directorate, an organization within NASA, integrates engineering and spaceport technology development for Kennedy Space Center in Florida Solution Management and reporting of project schedules, human resources, and budgets to help plan, manage and track projects Value to the Business 25% savings in project tracking time Easier monitoring of project status, budget, and schedules Unified and shared reporting across projects Coordination of available personnel and skills to project or task requirements Improved team communication Meeting Your Communication Goals with the Microsoft Office EPM Solution Enhanced team productivity Improved operational efficiency Increased participation of all project stakeholders Improved project performance © 2003 Microsoft Corporation. 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