Saturday, August 13, 2005

Business Technology Optimization Definition ...

Via Statera - Business Technology Optimization

... "Business Technology Optimization (BTO) is the combination of people, processes, technology and best practice. It is the ability to capture and manage strategic initiative and apply it to maximizing IT strategy, execution and day-to-day tactical activities across the enterprise. " ...

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BTO Business Technology Optimization: Market Size $6B By 2007 ...

BTO Business Technology Optimization: Market Size $6B By 2007: Via Mercury.com: BTO Market Expected to Grow to More Than $6 Billion by 2007, Yankee Group Reports ...

... "Yankee Group forecasts a rapid 21 percent compound annual growth rate for the BTO market through 2007. Investment in BTO technologies is projected to be $3.3 billion globally in 2004, up 18 percent from $2.8 billion in 2003. Yankee Group projects growth will continue to $6 billion by the end of 2007. These investment trends are driven by the need to change the status quo in IT. In 2004, BTO projects will focus on optimizing applications and IT processes to reduce inefficiency and costs. Yankee Group research indicates that the definition of BTO will expand in scope over time to transform IT units into more strategic, business-oriented organizations. " ...

BTO Business Technology Optimization is gaining momentum in the information technology space ...

Mercury Interactive, the global leader in business technology optimization (BTO), is committed to helping customers optimize the business value of information technology (IT). Founded in 1989, Mercury conducts business worldwide and is one of the fastest-growing enterprise software companies today. Mercury provides software and services to govern the priorities, people, and processes of IT; deliver and manage enterprise applications; and integrate IT strategy and execution.

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Turnkey Processes For PMO Setup: Project Management Office

Project Management Office: Set up your Project Management Office with easy to use, SOX compliant project management office processes ...

... "Set up processes for organizational project management. Processes On Demand can be used for both dedicated PMOs as well as virtual PMOs and helps to ensure rapid adoption and consistent execution of PMO processes and best practices. " ...

Out of the box project management processes can accelerate the establishment of the PMO: Project Management Office ...

BOT International is a leading provider of software solutions for project management processes. BOT International helps project management offices and IT organizations reduce costs, save time, and improve project results. BOT International is headquartered in Orlando, Florida, with sales offices in Orlando, Florida; New York, New York; Nashua, New Hampshire; Dallas, Texas; Newport Beach, California; and Singapore.

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Upcoming PMO Conference: International PMO Summit

Upcoming PMO Conference: Via PMLG - International PMO Summit

... "Executives, Program and Portfolio Management professionals from around the world will meet again at the International Program Office Summit, this year in historic Charleston, South Carolina. This unique program provides PMO professionals with the opportunity to network and learn from other professionals who have successfully implemented PMO's and portfolio within their own organizations. Location: Planters Inn, Market Street, Charleston, SC; Date: September 25-28, 2005. " ...

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Virtual Program Management Office Software: Level 5 ...

Virtual Program Management Office Software: Via Level 5 Partners - vPMO: Portfolio Management Center

... "The Portfolio Management Center (PMC) component of the Virtual Program Management Office is designed to help organizations achieve optimal portfolio efficiency. The PMC supports a three-part process: Step #1: Inventory and identify technology initiatives, Step #2: Initiative Assessment and Evaluation, Step #3: Resource Allocation Optimization ... " ...


Level 5 Partners, Inc. is a privately held company whose mission is to enhance organizations project delivery capability. Founded in 2002, Level 5 Partners is headquartered in Iselin, New Jersey. Its primary product, the Virtual Program Management Office(vPMO) is a program management office portal that includes Portfolio Management (pre-project analysis), Product Development Centers (project realization), Project Continuum (post-project support), Resource Planning (project staffing optimization), and Knowledge Management (cross-initiative knowledge share). It is the first product of its kind to include a true full project lifecycle capability.

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Project Management Conference Upcoming: PMI Global Congress 2005

Project Management Conference Upcoming: Via PMI > PMI Global Congress 2005 - North America

... "PMI Global Congress 2005: Toronto, Canada, 10-13 September 2005 It's ALL About ROI! Two of PMI's key program areas that focus on advancing the profession will host open working sessions at PMI Global Congress 2005-North America to access the collective knowledge and wisdom of those in the profession. " ...

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EPM: Enterprise Program Management: ROI ...

EPM: Enterprise Program Management: ROI: Via Headstrong - Consulting and Outsourcing Service Provider - EPM: Maximizing Project ROI across the Enterprise ...

... "Enterprise Project Management (EPM) is the strategic management of business and IT priorities, investments, and projects across the enterprise. The objective of EPM is to take full advantage of the synergies across your enterprise architecture, portfolio management, and project management office disciplines to get maximum strategic value and return on project investments. " ...


Headstrong, Inc. is a global consultancy and financial solutions company that delivers expertise across business processes, management consulting and technology within financial services, manufacturing, public sector and service industries. Headstrong’s Financial solutions include matching engines and electronic exchange systems as well as trading, order management, stock lending, clearing, settlement and financial messaging systems. Customers include stock exchanges, commodity exchanges, brokerage houses and investment banks in addition to new generation marketplaces such as ATS’, ECNs, financial portals and private e-marketplaces. With a global resource pool of qualified advisors and its Global Delivery Centers, Headstrong can furnish a full range of integration services including strategic assessment, design, implementation, application development and maintenance both onshore and offshore. Headstrong helps clients align technology initiatives with business goals while leveraging its steadfast heritage (as James Martin + Co) of strong methodologies and standards for delivery. Headstrong maintains a 23-year track record of proven results and a solid client base. The company is headquartered near Washington, DC, with a global presence across North America, Europe and Asia-Pacific.

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Integrated Solution vs. Best-of-Breed Software - Study finds ERP no panacea

Check out this interesting study of ERP vs. Best-of-Breed software. While the study focuses on supply chain software, the same issues apply to software in general.

Although we're in a consolidating market, this study (the most comprehensive of its kind) shows that Best-of-Breed still rates substantially higher in terms of value and quality, and that "integration" issues are sometimes overblown. Of course, in some application areas, integration issues can still come back to haunt you, so proceed cautiously.

They key is to determine who owns the integration. If one vendor commits to full ownership of all aspects of the integration, or you can support the integration in-house, it may be less of an issue.

Groundbreaking Research on ERP vs Best-of-Breed Supply Chain Software Finds Flawed Corporate Decisions Processes, Users Looking for Improvements from Both Types of Vendors

For more help on selecting Best-of-Breed vs. an integrated solution, see this excellent writeup.

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Project Selection: Financial Return ...

Project Selection: Financial Return: Via Best Practices, LLC: Best Practice Summary: Benchmarking Project Management: Performance Measurement, Processes and Tools

Financial returns are prevalent criteria for project portfolio prioritization and selection, according to study ...

... "Based on a survey of 20 organizations, this 22-slide presentation identifies how to understand project management operations at companies with renowned project management operations. ... Companies can use this information to understand the best methods for project management and high performance rate. Specifically, the study found that financial impact, including revenue generation and cost savings, are primary factors companies consider when prioritizing projects. " ...

Project portfolio management: projects can be prioritized and selected based on financials returns, such as ROI, NPV, etc. ...

Best Practices, LLC was founded in 1992 by a group of service professionals with roots at the Harvard Business School. Our founder and CEO, Christopher Bogan, is the author of the influential book Benchmarking for Best Practices: Winning through Innovative Adaptation, published by McGraw-Hill.

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Friday, August 12, 2005

From Earned Value to Earned Schedule - Addressing a Gap

For a while now, people have been complaining that, while Earned Value is an excellent tool for cost management, it has some gaps when it comes to managing schedules.

For example, at the end of a project, the Schedule Variance (SV) is always zero. The Schedule Performance Index (SPI) always ends up at 1.00 (perfect score). That's because at the end of a project, all of the planned work has been completed. The concept is only good earlier in the project to show how much has been completed versus what percent should have been completed at this point in time.

Enter Earned Schedule. Earned Schedule addresses this gap by adapting Earned Value metrics to duration. It's being used more frequently now, especially in the defense industry (where Earned Value began), and is already mentioned in PMI's Earned Value Practice Standard. The idea is to use Earned Value for cost reporting, and Earned Schedule for schedule reporting.

Here is a great article from the Software Technology Support Center (STSC) explaining the concepts of Earned Schedule...

STSC CrossTalk - Connecting Earned Value to the Schedule - Jun�2005

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Managing Projects with an Integrated Master Plan/Integrated Master Schedule (IMP/IMS)

The aerospace and defense industry has been using the IMP/IMS approach to project scheduling with great success. The concept is to have a Master Plan made up of milestones and a supporting Master Schedule of events. The Integrated Master Schedule lists the milestones as summary tasks, with the supporting events indented beneath them.

Here's a great article on implementing IMP/IMS from AIM (Applied Integration Management)...

Discovering IMP/IMS, An In-Depth Look at Implementing IMP/IMS

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Software Development Projects: Best Class Performance

Software Development Projects: Best Class Performance: QSM Uncovers Characteristics of the Best (and Worst) in Class: Study Examines Traits of Software Development Projects, Determines that the Best Are, Indeed, Faster and Cheaper ...

QSM publishes software development project performance study ...

... "A unique, comprehensive study of the Best and Worst in Class for software development projects was released today by Quantitative Software Management, Inc., The results offer useful insights, including the fact that the best in class projects are 3.37 times faster to market and 7.48 times cheaper than the worst. QSM, which has been compiling detailed data across all major industry segments for nearly 20 years, said the study represents the latest three-year time slice for the data. The costs and duration associated with being "best" or "worse" are dramatic ... " ...

Best class software development project performance ...

Founded by software engineering pioneer Larry Putnam in 1978, QSM's goal is to help clients become world-class software developers and reduce the overall expense of software development projects. QSM's SLIM software tools and consultative approach capture the management numbers that enable organizations to effectively estimate, track, and benchmark their software development and maintenance projects. The company is based in McLean, Virginia, with offices and affiliates in Massachusetts, France, The Netherlands, and the U.K.

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Thursday, August 11, 2005

Software Aligns Project Management With Enterprise Strategy: Enhanced Portfolio Analytics ...

Software Aligns Project Management With Enterprise Strategy: New Release of Oracle® Projects Enables Organizations to Better Align Project Management with Enterprise Strategy and Improve Project Control: Introduction of Oracle Project Portfolio Analysis Module Earns Industry Praise ...

Oracle's upgraded software better aligns project management with enterprise strategy for project-centric businesses through enhanced portfolio analytics ...

... "Oracle announced that it has enhanced its Oracle(r) Projects suite of applications and added a new module, Oracle Project Portfolio Analysis. The upgraded suite, part of the Oracle E-Business Suite, will help new, as well as Oracle's 3,000 plus existing Oracle Projects customers better control project work and finances through integrated work execution and financial management, improved budgeting and forecasting and better visibility into project performance and billing. The new Oracle Project Portfolio Analysis module enables project-centric businesses and departments to more easily plan, execute and control their portfolios of projects, no matter how complex. Managers can view all proposed projects through a common filter to see which most closely match the organization's goals, available funding, ROI targets and other key criteria. " ...

Project portfolio analytics helps to align project management with enterprise strategic plans ...

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Presentation Skills for Project Managers

Perception is reality. A project manager can be great at the "science" of project management, and yet still be perceived as ineffective. Often it comes down to a simple lack of presentation skills. After all, communication is 90% of a project manager's job, according to the Project Management Institute.

Here's a great site with tips and techniques for those who struggle with giving presentations. And it's geared towards Chemical Engineers, many of whom are "communicatively challenged" (how's that for political correctness).

Presentation Skills

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Introducing the PMO Executive Council

If you're a senior manager starting or running a PMO, you'll find the PMO Executive Council an invaluable resource. Organizations pay to become a member of the council, enabling them to share and learn best practices in PMO management.

Members can share ideas, templates, metrics, and other elements that increase the success of all involved. Check it out...

The PMO Executive Council

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ITIL Certification BTO Software ...

ITIL Certification BTO Software: Mercury BTO Software Receives Certification for ITIL Support: Mercury IT Governance and Application Management Products Certified by Pink Elephant ...

Mercury's business technology optimization software receives ITIL certification from Pink Elephant ...

... "Today, Mercury Interactive Corporation (NASDAQ: MERQ), the global leader in business technology optimization (BTO) software, announced that Mercury BTO offerings have completed Pink Elephant's PinkVerify certification process, receiving the Service Support Enhanced certification. This certification is awarded by Pink Elephant, a leading global IT management best practices company. It is a verification of Information Technology Infrastructure Library (ITIL) compatibility and represents the highest level of IT Service Management (ITSM) product certification. " ...


Pink Elephant is a leading IT service management conference, education and consulting provider. A global organization, Pink Elephant works with an extensive array of public and private sector clients to help improve the quality of IT services through the application of established best practices, including ITIL.

Mercury Interactive Corporation (NASDAQ: MERQ), the global leader in business technology optimization (BTO) software, is committed to helping customers optimize the business value of information technology. Founded in 1989, Mercury conducts business worldwide and is one of the fastest growing enterprise software companies today. Mercury provides software and services for IT Governance, Application Delivery, and Application Management. Customers worldwide rely on Mercury offerings to govern the priorities, processes and people of IT and test and manage the quality and performance of business-critical applications. Mercury BTO offerings are complemented by technologies and services from global business partners.

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Wednesday, August 10, 2005

IT Value Management Software

Via SAS IT Value Management

A centralized view and management of IT value is quite compelling. Was not aware that SAS had offerings in this space, including references ...

... "SAS IT Value Management provides a single cohesive system that analyzes IT in terms of financial cost, business value and operational efficiency. You can measure the quality of services delivered to each line of business and communicate their value across the enterprise. Quantify the true contribution of IT and justify its function as a core strategic enterprise service. Measure the quality of services delivered to each line of business and satisfy demands from customers, partners and suppliers for performance while balancing costs. " ...

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Rolling Wave Scheduling vs. BDUF

Much has been said over the last few years about the advantage of Rolling Wave Scheduling (planning iteratively, typically in 90 day increments) vs. the traditional BDUF (Big Design Up Front) methods.

With Rolling Wave, you plan the whole project from a high level, but only the nearest horizon (usually 90 days) in detail. Then, as the next 90-day horizon approaches, that phase is planned in detail, etc. For many projects, this is quite appropriate (especially in the IT field), as attempting to plan the unknowable in detail is a futile effort. As John Lennon once said, "Life is what happens to you when you're busy making other plans."

Of course, for some projects, and in some fields, BDUF is still effective. The question you must ask when beginning a project is "Is this project enough like others I've done where I can plan out the whole project in detail, or is much of it unknowable this early in the game?" The approach must be tailored to the project in question. There's no "one size fits all" solution.

As with anything of this nature, there's nothing like experience.

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IT Governance Role: Architecture

IT Governance Role: Architecture: Via CIO Today - - UPS CIO Dave Barnes on Business Driving Technology

Pam Baker interviews UPS CIO, who leverages an IT governance committee to oversee architecture ...

... "And there is the ITG (Information Technology Governance Committee), which focuses on setting standards for architecture, infrastructure and applications development." ...

Information Technology governance committee has responsibility for IT architecture standards and roadmap ...

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Project Management tips for fixing bad projects

Max Wideman's website is a neverending source of intriguing discussion and enlightening information for project managers. Check out this interesting brief on fixing bad projects...

Max's Musings - Fixing Bad Projects

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IT Savvy: Governance Best Practices: Peter Weill

IT Savvy: Governance Best Practices: Peter Weill: Via Research - Center for Information Systems Research (CISR)

Attended excellent webcast today, hosted by Mercury, where Peter Weill, MIT's CISR, discussed IT governance methods and best practices. Enjoyed his research that shows exemplary performers are able to turn lemons (negative NPV infrastructure investments) into lemonade (positive NPV business/IT investments) and regularly identify growth enablers that provide long-term strategic value. Exemplary performers' exhibit IT savvy (Peter's term) behaviors, which he expands on, in his research.

... "by making effective IT investments for their business strategy and enhancing the resulting IT portfolio with specific IT related practices and competencies. We call this set of practices and competences, IT savvy. " ...

IT Governance best practices drive higher value through the project portfolio ...

The Center for Information Systems Research (CISR) conducts field-based research on issues related to the management and use of information technology (IT) in complex organizations.

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Critical Chain Project Management (CCPM) - The Goldratt advantage

Organizations that have embraced Critical Chain Project Management (CCPM), developed by Eliyahu Goldratt, have doubled the throughput of their projects. For more on this rapidly growing methodology, see this great list of FAQs from Focused Performance.

Critical Chain FAQ

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Tuesday, August 09, 2005

Strategy: Visualize the Design ...

Strategy: Visualize the Design: Strategy by Design, Via Fast Company ...

Article on powerful techniques to describe and document strategy ...

... "People need to have a visceral understanding -- an image in their minds -- of why you've chosen a certain strategy and what you're attempting to create with it. Design is ideally suited to this endeavor. It can't help but create tangible, real outcomes." ...

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Strategic Alignment: Project Portfolio

In process of building a bottoms-up project portfolio for 2006 without clearly articulated IT strategy. Plan on developing portfolio and identifying themes for alignment to potential business strategies. Interested in suggestions for harmonizing top-down strategic planning that is out of synch (calendar time) with bottoms-up project planning ... Flexible, dynamic planning techniques may be the answer. What other methods for consideration?

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The End of Gantt Charts?

For a great discussion thread on potential modern alternatives to the traditional Gantt Chart for project schedule tracking, see Edward Tufte's forum... Tufte is the world's leading guru on presenting data and information, and was brought in by NASA to explore why their scientists were unable to present their case effectively in both of their shuttle disasters. He's also listed among the top 100 nonfiction authors on Amazon.com.

Ask E.T.: Project Management Graphics (or Gantt Charts)

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Best Practice - An Online Project Management Framework --

The Washington State Government has an amazing Project Management Framework site (a self-described virtual PMO) that's worthy of emulation by any organization looking to digitize their best practices. Check it out...

-- Project Management Framework --

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Project shmoject - Just gimme a frickin issues list...

How many times have you heard this? And you know what? They may be right (under the right circumstances)! Some of the best perceived projects I've managed have been those where I had a one-page milestones list and an issues list, and communicated the hell out of the project. Simple as that.

At each weekly status meeting, after going through this week's issues, we reviewed the milestones. I asked questions like: "What percent complete are we on these?" "How much time have each of you spent on these in the last week?" "Is there anything standing in the way of meeting our next milestone, and if so, how do we resolve it?" I put together a simple Earned Value chart and management was happy. Simple, flexible, and fast - three principles of any good project.

Will this work for every project and in every environment? No. But it'll work more often than we care to admit (and this is coming from a PMP-certified, project management evangelist). Of course, we still need a business case and a collaborative effort putting the plan together. But once the plan is developed, the milestones and issues list can often take you the rest of the way. As Eisenhower said, "Plans are nothing. Planning is everything." Food for thought.

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IT Governance Integrated Application Development: Software Solution

IT Governance Integrated Application Development: Software Solution: Via FlashLine: Full Lifecycle IT Governance Solutions ...

Software solution integrates IT governance with application development to support full lifecycle visibility in the project portfolio ...

... "Flashline extends IT governance into application development, ensuring better business/IT alignment. With Flashline, you can link your project portfolio and architecture to your portfolio of software assets. " ...

IT Governance supports project portfolio management for the application development lifecycle ...

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Monday, August 08, 2005

A Little Project Management Anarchy Never Hurt Anyone

"Badges? We don't need no stinkin' badges!" Part of project management is using good judgement - and sometimes that means throwing out the rules. See this article from Computerword...


Throw Out the Rules - Computerworld

Information Technology Portfolio Management: Excellent Interview Mark Jeffery ...

Excellent Interview: Mark Jeffery on Information Technology Portfolio Management: Via Teradata.com -> Executive Center -> Technology Portfolio Management: Increasing ROI on Technology Investments through Information Technology Portfolio Management

... "Mark Jeffery is a clinical assistant professor at the Kellogg School of Management. His research expertise is in technology portfolio management, real options applied to technology projects, and quantifying the business value of information technology initiatives. He has 30 publications in scientific and technology journals, and has developed over 12 case studies that are used in the Kellogg MBA course he teaches on Technology Portfolio and Program Management. " ...

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Strategic Value Management: Fujitsu ProSight Partner

Strategic Value Management: Fujitsu ProSight Partner: Via Fujitsu: Fujitsu Consulting and ProSight to Combine Expertise in Technology Portfolio Management Consulting : FUJITSU United States

Fujitsu leverages portfolio management tool to support their IT value management service offering ...

... "Tools that support strategic value, while balancing factors such as value-at-risk, time horizon of benefits and strategic coverage help drive value creation. ProSight allows Fujitsu Consulting to more easily offer the full range of possibilities for its Value Management offering. Value Management is a suite of services from Fujitsu Consulting that helps its customers maximize value creation in their enterprise. " ...


ProSight, the experts in portfolio management software, combines software with services and knowledge resources to equip companies with effective oversight of investments, resources and performance, enhancing business results and strategic collaboration—enterprise wide. ProSight is headquartered in Portland, Ore.

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Software Supports ITGovernance CorporateGovernance

Software Supports ITGovernance CorporateGovernance: BWise Sets New Compliance Standard with New Product Release: Pioneering Solution Combines IT Governance and Corporate Governance for Full Internal Control ...

BWise software enables integrated IT governance leveraging internal process controls, such as the COBIT, COSO and ITIL standards ...

... "The newest version of the BWise product suite provides the most comprehensive internal control and risk management framework available, with a fully integrated IT and Corporate Governance solution. The flexible solution helps ensure compliance with such key regulatory requirements as those mandated by Sarbanes-Oxley (SOX) and BASEL II. " ...


BWise is a global leader in compliance and enterprise risk management (ERM) software, with a strong heritage in business process management. Established in 1994, BWise delivers proven solutions to help organizations become “in control” by increasing corporate accountability; strengthening financial, strategic and operational efficiencies; and maximizing performance and ROI. BWise has developed a sustainable presence in the compliance sector with quick start templates for SOX, Basel II, SAS70 COSO, COBIT, and others. BWise has more than 1,200 customers in more than 80 countries worldwide, like AEGON, VNU/AC Nielsen, TNT, Bouwfonds/ABN AMRO and 125,000 users in virtually all markets.

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Sunday, August 07, 2005

Project Portfolio Management Seminar: At PMI Congress ...

Project Portfolio Management Seminar: At PMI Congress: Via PMI > PMI Global Congress 2005 - North America > Seminars > Seminar 16: Project Portfolio Management: A Practitioner's Approach

Prasad Kodukula, PhD, PMP presents project portfolio management seminar at the upcoming PMI congress in September ...

... "learn best practices, tools and techniques that will help you with project assessment, prioritization, selection, tracking and termination. This how-to seminar presents a step-by-step approach to managing a project portfolio using hands-on practical tools and case study exercises. " ...

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Texas Surveys Public IT Project Management: OnTime OnBudget ...

Texas Surveys Public IT Project Management: OnTime OnBudget: DIR - A Survey of Current Best Practices and Utilization of Standards in the Public and Private Sectors

... "This document presents the results of an extensive survey of the current use of standards and best practices to assure that Information Resource (IR) projects are successfully completed on time, within budget and with the intended benefits. Federal government, state government, and private sector organizations were included in the scope of this survey. Key standards and critical success factors are identified, with excellent correlation of these to the internal QA guidelines and model procedures being developed for Texas agencies. " ...


Everything is bigger in Texas, including the desire to excel in IT Information Technology project management ...

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Cooper StageGate: Portfolio Value Prioritization Techniques ...

Cooper StageGate: Portfolio Value Prioritization Techniques: Via Visions, PDMA's product development e-magazine

Product portfolio management technique applicability to project portfolio management ? ...

... "rank order against financial criterion by calculating expected commercial value. This method goes beyond traditional NPV calculations by recognizing the probability of success in different phases of development such as technical and commercial success or failure. " ...

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Call For Papers: NASA PM Challenge ...

Call For Papers: NASA PM Challenge: Via PMFORUM, Connecting the World of Project Management PMFORUM Breaking News: CALL FOR SPEAKER PARTICIPATION ANNOUNCED FOR NASA'S PM CHALLENGE 2006

Papers needed at NASA project management challenge conference ...

... "Project Management Challenge 2006 is the third Annual NASA Project Management Conference established to further leadership, teamwork, knowledge sharing, training and lessons-learned in the areas of program and project management within the agency. It is sponsored by NASA's Academy of Program and Project Leadership (APPL) and is a centerpiece of NASA's Project Management training. " ...

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Art of Project Management Webcast ...

Art of Project Management Webcast: Via Berkun blog: Mark the date: Free webcast on the art of project management

... "Dr. Dobbs Journal Magazine will be broadcasting a live netcast on the art of project management. Date: Wednesday, August 31, 2005, Time: 11:00 AM PT / 1:00 PM CT / 2:00 PM ET, Duration: 60 minutes. " ...

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Programs MultiProjects Strategies Initiatives ...

Via Herding Cats: Here we go, making up new terms again ...

Interesting post on program and multiple project management. I would like to see programs aligned with major strategies or strategic initiatives and then the portfolio of sub-projects in the program become the roadmap to achieving the targeted outcome of the strategy ...

... "how Program Management provides services to multiple projects, how projects can be managed as a collection ..." ...


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Transformation Initiative Leverages Project Portfolio Management ...

Transformation Initiative Leverages Project Portfolio Management: Baylor Health Care System Uses IT Portfolio Management for $140 Million Clinical Transformation Initiative

Baylor HealthCare leverages project portfolio management to drive its clinical information systems modernization, a key investment in its transformation initiative ...

... "PlanView, the leading provider of comprehensive IT portfolio management solutions announced that Baylor Health Care System has implemented the company's solution to align, manage and track projects and resources across the healthcare provider's network of hospitals, in conjunction with the organization's $140 million clinical transformation initiative, the largest project of its kind in the Dallas Metroplex and throughout the Southwest. " ...


PlanView has been a market leader and trusted partner in software for comprehensive IT management. Our flagship product, PlanView Enterprise, brings the most comprehensive IT management solution to the market, combining adaptive IT management best practices, best of breed resource management and portfolio management software. PlanView enables business leaders to integrate the decision-making process to improve alignment of IT resources with business strategies. We serve an active and growing global customer community of over 400 organizations in the financial, insurance, healthcare, government and other industries. PlanView is privately held and has been profitable for over a decade.

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COBIT Course: IT Governance Controls Framework ...

COBIT Course: IT Governance Controls Framework: ISACA and ITGI Launch Online COBIT Foundation Course

Course on the COBIT framework to provide training to IT auditors and practitioners ...

... "Increased worldwide adoption of Control Objectives for Information and related Technology (COBIT) framework has created a need for IT professionals and auditors to become skilled at using it within their organizations. To address this need, the IT Governance Institute (ITGI) and the Information Systems Audit and Control Association (ISACA) released the COBIT Foundation Course, a self-paced, electronic tutorial developed by ITpreneurs. " ...

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Does Architecture Visualization Enable ITGovernance?

Does Architecture Visualization Enable ITGovernance: Via Troux:Troux Announces Metis Enterprise 5.0 Technology Availability ...

Having a documented as-is IT architecture is important. How important will visualization tools, such as Troux Metis, be in enabling a quality IT governance process? Certainly, it should help with end-of-life IT investments. Can it really play a role in transformative IT investments ...

... "Troux Technologies, the global leader in IT Governance and Enterprise Architecture (EA) solutions, announced the general availability of Metis Enterprise 5.0, an industry-leading Enterprise Architecture Modeling and Repository offering for Global 1000 companies and the government market. Delivering on the successful acquisition of Metis earlier this year, Troux's Metis family of EA products now combines the visualization and analytic capabilities of the Metis modeling tool with Troux's highly scalable repository for automatic capture and management of enterprise IT and business data. This comprehensive offering gives enterprise architects, business analysts, IT planners and other decision-makers in even the largest and most complex organizations a toolset capable of centralizing the management of all IT governance processes. " ...


Troux Technologies (pronounced "true") is a global provider of IT Governance software that accelerates IT and business transformation. Troux's IT Governance solutions enable organizations to strategically plan the enterprise, capture and analyze critical IT and business data and deliver actionable decisions to transform the business. Troux's breakthrough technology provides the enterprise-class information, policies, and analytics critical for IT excellence. With Troux, organizations succeed in breaking the traditional IT silos and effectively aligning IT with core business goals.

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CA Niku ITGovernance Growth Engine?

CA Niku ITGovernance Growth Engine?: CA Completes Niku Acquisition to Extend Leadership in IT Governance

Will the CA Niku deal ($350MM) drive growth for CA in the IT governance space or limit the growth of a good EPM tool? Time will tell ...

... "With the acquisition of Niku, whose revenue grew 45 percent in its last fiscal year, CA gains a best-in-class offering in a market segment that is growing faster than the software industry as a whole. Niku's ITG solutions will be integrated with CA's BSO unit. CA's BSO solutions enable customers to align IT investments with business objectives, control IT costs, deliver IT as a service, and meet heightened compliance requirements. CA estimates the market for its BSO solutions at $7.9 billion in 2004 with an estimated compounded annual growth rate of 8 percent through 2008. " ...


Computer Associates International, Inc. (NYSE:CA), one of the world's largest management software companies, delivers software and services across operations, security, storage, life cycle and service management to optimize the performance, reliability and efficiency of enterprise IT environments. Founded in 1976, CA is headquartered in Islandia, N.Y., and serves customers in more than 140 countries.

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Evaluate IT Project Investments: Value Creation Publications ...

Evaluate IT Project Investments: Value Creation Publications: IT Governance Institute Offers Guidance for Optimizing Value from IT-related Business Investments: Part 2 of Research Series

Here are new publications from ITGI that focus on value creation from IT project investments ...

... "Since IT-related costs are exceeded only by staffing costs at many organizations, it is in their best interest to closely evaluate their IT investments and ensure that they add value. To help executives select IT investments and measure their return, ITGI released today Optimising Value Creation From IT Investments, the second of five publications in the IT Governance Domain Practices and Competencies series. " ...

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Project Management Thought Leadership

Welcome to PMThink!, a site dedicated to inspiring project management thought leadership.


PMThink! Inspire Project Management Thought Leadership ...