Strategic Position of Projects

IT project portfolios are currently under-review for reducing investment. Portfolio reviews are a healthy process. Visibility into the business case financials and support for the current business strategy are key inputs to enable the discussion. Exercising this (even if painful) will increase your process maturity, eventually leading to an increased return on the portfolio. ...

... "if the project really is strategic -- if it involves the executive team and will enable transformation across the business -- then it is by definition more than an IT project ... " ...

Via Computerworld: Project Portfolio Management

IT Value Metric: ROA

Here's an interesting proposal for valuing IT investments using return on assets, similar to capital intensive industries such as the oil industry. ...

... "Kyte contended that IT should now value its investments based on a different metric: return on assets. ROA would enable IT departments to measure success based on the return it gains from assets already deployed in the infrastructure and help IT better plan for future assets going forward. " ...

Via Computerworld: Gartner on technology

Supply Chain IT Project

Large IT project impacts profitability for Burberry as early benefits start to accrue. ...

... "Burberry cut its full-year earnings before interest and tax guidance to 205 million to 210 million pounds in January 2008 partly due to increased spending on improving its supply chain efficiency with an IT project known as Atlas. " ...

Via Guardian UK: Burberry Results

Innovation ROI

Philips CEO sees innovation as disciplined and process-oriented. He also expects a project ROI for innovation investments and a strong connection to profitability. Creativity is allowed within the boudaries. ...

... "Every innovation project should have a return on investment, an internal rate of return, a net present value. And, you need to hardwire it and keep yourself honest, because at the end of the day, it's about generating returns. " ...

Via Knowledge@Wharton: Philips Lighting CEO

IT Benefit Realization: Get Started

To begin with, articulating benefits in a business case, that are achieveable and resonate with the strategic agenda of business, is a challenge. Actually realizing the benefits and tracking the progress on the benefit journey is nirvana. It takes discipline and must flex to the culture of the organization. Don't wait. Start the journey today. ...

... "I cannot underscore enough the importance of effective benefit realization practices. They can go along way toward driving improved yields of IT investments. " ...

Via Optimize Magazine: IT Benefit Realization

CIO Articulates Business Value of IT

The business value of IT can be described in financial terms, but should be balanced with other perspectives. Framing and re-framing IT in the context of the business is a good start. ...

... "One way this can be done, says Salvadori, is by explaining the business value of IT's deliverables in terms of a tangible return on investment (ROI). " ...

Via ITWorld Canada: Business Value of IT

Project ROI: Energy Savings Opportunity

Many businesses are impacted by increasing energy costs and could benefit from energy efficiency investment projects. ...

... "Energy costs are comprising a greater percentage of operating costs and will only increase in the future, Lemoine said. But many buildings can achieve energy savings of 15% and the Return On Investment (ROI) for energy-saving projects can be anywhere from 25% to 35% so this is a low-risk, high-return investment. " ...

Via Toronto Hydro Energy Services: Link

Benefits Realization Challenging: Europe Insurance Industry ...

Recent research (DataMonitor) shows that European insurance companies are challenged to realize the documented financial benefits forecast for their IT projects. Common experience or industry specific? ...

... "While insurers continue to embrace the use of return on investment (ROI) to measure IT project success and failure, many do not meet their own targets. " ...

Via Insurance Networking: Link

Project Gates: Are Kill Points Really Considered?

Since capital is usually constrained in most organizations, are we really making the best use of our project stage-gates as potential kill-points? Are we fully considering the cost-to-completion, the probability of realizing the original benefits documented in the business case, or a declining ROI if costs escalate? We will be doing a service to our organization if we take some time to develop exit criteria and consider alternatives at the project stage-gates. There's always another project in the portfolio. ...

... "The Project Plan should have included a schedule for steering committee meetings and other key points to ensure regular tracking of project progress and release of status reports. Additionally, the plan should have identified milestones and project kill points, that is, go/no go decision points for the action of senior management, the steering committee or other authority. " ...

Queensland University: Controlling phase

ROI on IT projects

Return on Investment for IT projects is usually assumed to be difficult to calculate. This paper from the University of Albany includes some useful and interesting perspectives on how to ask the right questions and structure the information to start answering the ROI question. It includes examples for addressing some of the softer ROI issues - such as systems in Health and Human Services or Social systems.
Centre for Technology in Government: ROI - a guide for managers

Project Benefits; Easy to Forget

There's a good article in Computerworld about how frequently projects begin with a certain ROI expectation, only to have it forgotten by the time the project ends.

Everyone's so busy trying to complete the project on time and on budget, that nobody remembers to track the benefits the project was supposed to bring in the first place.

In fact, the two most critical parts of project success are often overlooked or not even covered in the project lifecycle: the up front strategy piece (i.e. why are we doing this project) and the post-project benefits followup (or at least a transition to benefits analysis as a prerequisite to project closure).

Here's the article, which offers some interesting examples...

Not So Fast! - Computerworld

VOIP Project: Voice-Over-IP ...

The VOIP transformation project is relatively high-risk: newer technology, questionable scalability, increased cultural change, and impact to a critical business function: communications. J. Nicholas Hoover discusses the pitfalls of a voice-over-IP phone project

... "Anyone thinking a switch to a voice-over-IP phone system will be smooth and easy should remember Ruth Harenchar's ruby-red nail polish. At the Hobart West Group, where Harenchar is CIO, the company's VoIP project required tough decisions, like whether to spend money training existing IT staff or hire expensive consultants. It meant learning to live without certain common telecom features in order to get the savings the company wanted. And it involved helping employees through the culture shock of replacing the familiar ... " ...

Via InformationWeek | Voice-Over-IP | VoIP Gotchas ...



Here are some relevant references on VOIP implementations:

Via NetworkWorld: The ROI of VoIP: "When it comes to VoIP, most network managers are satisfied that the technology works. The challenge is developing cost analyses: What will the new technology cost to roll out and support, and what benefits can companies expect to reap? "

Via NetIQ: VoIP in Action: "OK, you've moved beyond the deployment stage of your VoIP project. Your first group of VoIP phone users are happy and you've got high levels of availability and call quality. Now what? In the management stage, you need to keep those users happy with consistent availability and high call quality. "

Managing VoIP Implementations Effectively: "Voice over IP (VoIP) is the hottest telephony technology. Consumers and corporations are looking to reduce costs by deploying VoIP systems. The challenge, however, is that the technology is so new that few project managers have expertise in managing VoIP implementation. If you are interested in or responsible for implementing VoIP at your organization, this is the course for you. "

Construction Project Management: LEED Green Building Certification ...

Johnson Controls introduces software-enabled process for simplifying sustainable green building construction. The software supports the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) Green Building Rating System. ...

Construction Project Management: LEED Green Building Certification: Via Johnson Controls: Johnson Controls Launches Leedspeed Software to Expedite Environmental Green Building Certification ...

... "Leedspeed is divided into two sections: Assessment/ROI Planner and Project Management/Certification. In the Assessment/ROI Planner Section, the Leedspeed software automatically scores a project against the most current LEED-NC (new construction) or LEED-EB (existing building) standards. It then ranks potential LEED credits so building owners can determine the best green features to help them maintain budgets and gain environmental and social returns. ... In the Project Management/Certification Section, Leedspeed provides comprehensive project development and management functions by organizing tasks and responsibilities to properly manage workflow, maintains electronic work schedules for subcontractors, and archives building data. Finally, Leedspeed acts as an electronic repository of all the documentation needed to submit a LEED certification application using the required USGBC letter templates that can be loaded onto the tool. " ...

Leedspeed is powered by Enverity, industry leaders of Web-enabled software applications that corporations and municipalities use to improve their environmental compliance management. Enverity is managed by a former chief technology officer and co-founder of MarketXT, an online securities exchange, and a former U.S. Environmental Protection Agency and World Bank environmental compliance expert.

Implement Project Portfolio Management (PPM) Cheaper with a Hosted Solution

There's no doubt about it. The IT industry is headed toward hosted solutions, with their undeniable ROI due to infrastructure savings. And Project Portfolio Management (PPM) is no exception.

One of the best on the market is ProjectArena, as evident by the awards it has received, including the CIO Decisions Magazine/Nucleus Research ROI Award for 2005. I've already been impressed with ProjectArena's white papers (available free on their site) and their PPM Today Weblog.

If you're starting a PMO or looking to implement a PPM solution, check out ProjectArena's hosted solution below. And while you're at it, explore their white papers...

Project Arena - Hosted Project Portfolio Management

ITIL Methodology: Sun Preventive Services Offering ...

First Data leverages Sun Microsystems Preventive Services offering to manage risks. ...

ITIL Methodology: Sun Preventive Services Offering: Via Sun Microsystems: Hundreds of Global Customers Choose Sun Microsystems in Fiscal First Quarter ...

... "After working closely with Sun to explore technologies and programs such as Sun Preventive Services, an assessment and mitigation offering that utilizes ITIL methodology, First Data Corporation agreed to adopt SPS as a strategy for risk aversion. Sun is evolving the relationship with First Data, demonstrating through the provision of committed resources and teaming that additional focus on prevention and operational excellence can yield a positive ROI. " ...

IT Portfolio Management Tools Not a Panacea

There's an excellent article in Computerworld on how IT portfolio management tools alone will not decide which projects get done. Politics, organizational dynamics, and subjective opinion still need to play a role, even with the best of software.

People have this picture in their mind that tools can be used to calculate ROI and magically align projects with strategic need according to a perfect formula. Voila! Automatic project prioritization and selection. The fact is that this is a myth. Tools can absolutely help, and can offer a first pass view of where projects line up. But ultimately, people must make decisions----and whenever people are involved, a myriad of other issues come up, including conflicts that must be resolved.

Here's the article at Computerworld, that rightfully talks about these tools as enablers and not the be-all, end-all ...

What IT portfolio management tools can't do: Stop politics - Computerworld

Project Benefits Realization; Early and Ongoing Tracking Key to Success

All too often, benefits are only discussed at the beginning of a project and possibly again after the project is over (if an organization even performs benefits followup after their projects).

The real value is in trying to drive and track benefits much earlier, throughout the project's lifecycle. There is much lost money in waiting for the end of the project to derive benefits.

Here's a great article from Optimize Magazine that talks about this very need...

Optimize Magazine > ROI Valuation > Spending A Dollar To Get A Dime? > May 2003

SOA Implementation: Governance and Project Management: Seminars

Seminar series by Cape Clear addresses project management and governance best practices for implementation of a service oriented architecture, or SOA. ...

SOA Implementation: Governance and Project Management: Seminar: Via Cape Clear Software: Cape Clear Provides Practical Guidance for SOA Implementations with SOA Architects' Forum Seminar Series ...

... "Cape Clear Software announced details for the company's latest series of SOA Architects' Forums - free, interactive workshops that provide practical guidance for Service Oriented Architecture (SOA) implementations. Cape Clear's interactive workshops are designed to simplify the often complex and confusing process of moving SOA initiatives from hype to reality. Seminars will cover: Organizational, governance, and project management best practices; Identifying and prioritizing projects, and determining ROI for implementation success; ... " ...

Cape Clear Software provides the fastest, simplest, and most proven way to implement a Service Oriented Architecture, delivering enterprise SOA projects in 20% of the time and cost of alternative approaches. With over 200 customers, Cape Clear is the proven leader in Enterprise Service Bus (ESB) software. Cape Clear's True ESB software is based completely on open standards, works with your existing infrastructure, and enables business users to flexibly align their business processes with their infrastructure. Founded in 1999, Cape Clear Software is a privately held firm with headquarters in Waltham, Massachusetts and offices in Atlanta, San Mateo, Dublin, and London.

ITPortfolio: Markowitz Efficient Frontier Application

There are a variety of applications of Markowitz's efficient frontier to information technology IT portfolio management. Some EPM software packages incorporate the Markowitz technique to be used to visualize the various information technology portfolio combinations in a frontier graph. The jury is still out, though, on its suitability to IT portfolios as compared to traditional financial portfolios. ...

Via Chief Project Officer: The Efficient Frontier Technique for Analyzing Project Portfolio Management

... "The Efficient Frontier simplifies a complex Portfolio Management problem to highlight and clarify some basic questions: scarcity, efficiency, tradeoffs, opportunity cost and the value of breaking the constraints. " ...

Additional resources on the efficient frontier approach to project portfolio management:

Markowitz efficient frontier definition: Via Forbes Financial Glossary: The graphical depiction of the Markowitz efficient set of portfolios representing the boundary of the set of feasible portfolios that have the maximum return for a given level of risk.

Modern Portfolio Theory: Driving project portfolio management with investment techniques: Via IBM Rational: The closer a portfolio is to the Efficient Frontier the closer it is to being efficient, which means: For its level of return, there is no other portfolio with less risk, or for its level of risk, there is no other portfolio with more value.

IT portfolio management – A banker’s perspective on IT: Via Department of Mathematics at the Vrije Universiteit: However, there is a precondition attached to Markowitz’s theory that presents problems when the theory is applied to IT portfolios: the marketability of stocks and shares. MPT concentrates on finding the right balance between risk and return. Theoretically, in MPT there is a curve – the efficient frontier – of optimal expected return for a given risk.

CIO Value Measurement: European Market Alliance ...

CIO Value Measurement: European Market Alliance: Alinean and Birchman Group Form Joint IT Value Measurement Venture for CIOs: Expands Alinean’s European Presence ...

Alliance in European market will drive CIO value measurement services ...

... "The Birchman Group’s proven service offering, supported by Alinean, allows the company to deliver large and tangible benefits to its clients by quickly and accurately aligning IT with business objectives, often a time-consuming and painstaking task. The Alinean ROI Analyst Enterprise has significantly improved the quality of The Birchman Group’s analysis and the time-to-delivery. The Birchman Group assists customers in gaining maximum benefit from technology investments through strategy development, business case development, program management, benefits tracking, process improvement, change management and other IT Value Management services. " ...

From business strategy to successful IT solutions, The Birchman Group provides completely independent expertise in planning, executing and deriving business value from IT programs. Pioneering the IT Value Management approach in Europe and South America, The Birchman Group can assure that corporate IT spending is balanced between support and innovation, is aligned with business goals, is formulated with reference to corporate peers, is comprehensively program-managed and delivers according to fully risk assessed plans. The outcome ensures that the IT department becomes a stable and consistent business value generator. With global reach The Birchman Group has enabled blue chip organizations to realize strategic intent by building complimentary and cost effect IT strategies; comprehensively assess, plan and manage a suitable and significant portfolio of Return On Investment (ROI) and Total Cost Ownership (TCO) justified programs measured by business outcomes; and deliver these programs utilizing the highest caliber Birchman program and project expertise. Established in 2003, The Birchman Group has grown rapidly to more than a 100 employees in five countries, which reflects the success of IT Value Management as a service offering and the demand from organizations for The Birchman Group’s unique set of services and resources.

Alinean develops software tools to prove and improve the value of IT investments. The company’s founding team pioneered the concept of interactive ROI and TCO software in 1994, developing award-winning solutions for leading IT vendors and consultants. Its research methodologies and software tools are used by analyst firms, vendors and enterprises, and have helped justify billions of dollars in IT spending and derived value.

SOA Governance: Best Practice Strategies Webinar ...

SOA Governance: Best Practice Strategies Webinar: Via Service Integrity: Real-Time Business Intelligence for Service Oriented Enterprises

Upcoming webinar explores best practices and strategy for SOA Service Oriented Architecture in leading enterprises ...

... "Service Integrity, a provider of real-time Business Intelligence (BI) software for Service-Oriented Architectures (SOA), and Systinet, the leader in SOA governance and lifecycle management, announced they will co-host a webinar, Creating a Policy and Practice Blueprint for SOA, on Tuesday, October 4. The online event will present best practices and strategies for building today's service-oriented enterprises, including the critical steps for establishing a system of record for SOA policies and how to secure real-time visibility into the implementation of best practices. " ...

Systinet is a leading software provider of the foundation for SOA governance and business service lifecycle management. Founded in 2000, Systinet's award-winning, proven, and standards-based products enable IT organizations to rapidly leverage existing technology investments, provide interoperability between heterogeneous systems, and better align business processes with IT. Customers receive the benefits of a simpler, faster, standards-based way to dramatically improve IT responsiveness and technology asset reuse, while maximizing the ROI for SOA. Systinet's customer base of over 150 Global 2000 clients includes Amazon.com, BMC Software, Interwoven, JP Morgan, Motorola, Defense Information Systems Agency (DISA), and SAIC. Headquartered in Burlington, Mass., Systinet is a privately held company with over 100 employees.

Service Integrity provides patent-pending, real-time Business Intelligence (BI) software for Service-Oriented Architectures (SOA). As a consequence of implementing SOA, more business critical data is “in-flight” than ever, and it’s moving at the speed of light. Service Integrity’s SIFT™ software uniquely resolves the challenge of harnessing and leveraging Information-in-Motion™ to achieve optimal business execution. With SIFT, companies like Pfizer, Novell, and Fidelity National Financial achieve the insight, agility, and predictability they need to gain increased regulatory compliance, continuous risk management, and seamless operational performance. Service Integrity is headquartered in Boston, MA.

Enable PMO ProjectManagementOffice Success ...

Enable PMO ProjectManagementOffice Success: Via eProject: Four Ways to Create a More Successful Project Management Office ...

Christian Smith, VP Sales & Marketing, eProject, makes recommendations to ensure the success of the project management office, or PMO, ranging from an emphasis on work process to implementation of simple enabling-tools ...

... "To get an entire enterprise focused on project success, the PMO must be designed, empowered, and equipped to serve the entire enterprise. It must be capable of solving big business problems like selecting the right projects, assigning the right resources to them, and then determining Return on Investment (ROI). It should also provide a collaborative environment for knowledge-sharing, document repository and communication horizontally across project teams and vertically across business line management. " ...

eProject delivers the only on-demand project and portfolio management solution for the extended enterprise. eProject is an intuitive, unified platform that enables users to maximize project ROI by compressing project cycle times, identifying best practices and optimizing resource allocations, with rapid deployment and quick adoption. eProject is used by more than 350 companies worldwide including BASF, BP, Cushman and Wakefield, Dow Chemical, Honeywell and T-Mobile.

The Project Management Transformation: A Popular Goal ...

The Project Management Transformation: A Popular Goal: Via PublicCIO: Introducing Innovation ...

Justine Brown writes about a popular goal in many enterprises: the project management transformation. She explores the transformation at the New York City Housing Authority, which embarks on a disciplined project management process to enable more successful IT projects ...

... "The initiation phase sets out a business case that makes the ROI up front -- that makes certain recommendations as to the solution; what the alternatives, inherent risks [and] assumptions are; how possibly to procure it; what resources will be involved internally and externally, etc., said Heller. The Operations Committee must approve the project for it to move to the planning phase, which identifies project requirements, such as potential technologies and resource/cost requirements, and sets the stage for the remainder of the project, which continues through the remaining phases until complete -- assuming it meets each phase's strict entry and exit criteria. ... " ...

IT Project Return-On-Investment ROI: Partnership Drives Visibility ...

IT Project Return-On-Investment ROI: Partnership Drives Visibility: Via Alinean: Alinean & Hyperion Partner for Increased Visibility in IT Performance

Alinean / Hyperion partnership offers promise of making IT ROI more visible and achievable ...

... "The new solutions will combine Alinean's ground-breaking Return on IT (ROIT) research and ROI/TCO benchmarking tools with Hyperion's advanced analytics, quantifying the business value of current and proposed technology solutions based on the industry's largest database of real-world metrics. " ...

Alinean develops software tools to prove and improve the value of IT investments. The company’s founding team pioneered the concept of interactive ROI and TCO software in 1994, developing award-winning solutions for leading IT vendors and consultants. Its research methodologies and software tools are used by analyst firms, vendors and enterprises, and have helped justify billions of dollars in IT spending and derived value.

Project Completion Date: When?

Project Completion Date: When?: Via NUCLEUS RESEARCH: Nucleus Research Helps Organizations Avoid Costly IT Mistakes, Potentially Saving Companies Millions ...

When is a project complete? Go-Live? At stabilization? At tipping-point of adoption? At realization of benefits? ... a debated topic. Nucleus Research, in a recent independent study, explores the top five IT mistakes that cost companies dearly ...

... "The end of a project is not when it’s deployed but rather when it’s being effectively used, which can be months or years later. " ...

Nucleus Research is a global provider of IT advisory and research services that provides CFOs, CIOs and their staffs with the real-world information they need to maximize the business returns from their technology investments. Its analysts blend financial analysis and case-based investigations with comprehensive technology expertise to deliver factual return-on-investment (ROI) data to organizations worldwide. The company uses an uncompromising set of processes and tools to evaluate the financial return on IT assets and is the only firm to gain certification by the National Association of State Boards of Accountancy. Nucleus Research has analyst experts across the entire enterprise software and hardware space and provides clients with ongoing advice to help with both short-term technology decisions and long-term strategic plans.

IT Project Options Thinking

IT Project Options Thinking: Via Manufacturing Insights: Manufacturing Insights Recommends Options Thinking RFID Strategy to Achieve Maximum Long-Term ROI

When dealing with emerging technology, such as RFID, and the risk associated with it, Manufacturing Insights collaborated with academia to leverage an options-thinking IT investment strategy, which involves ...

... "Value the Options: Companies must place a systematic, accepted value on each identified option. Extract Value From IT Project Options: Companies need to establish checkpoints to manage the options approach successfully. " ...

Manufacturing Insights, an IDC Company, provides business and IT decision-makers with fact-based research and analysis to inform and support critical business decisions. The global independent research and advisory firm closely follows processes associated with the design, development and distribution of goods across markets including Discrete Manufacturing, Process Manufacturing, High Tech/Electronics Manufacturing, Consumer Packaged Goods and Retail. Manufacturing Insights’ research and analysis is critical for end-users, as well as hardware and software vendors, service providers, and purveyors of IT outsourcing. Founded in January 2005, Manufacturing Insights is headquartered in Framingham, Mass.

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. " ...

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.

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. " ...

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.

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. " ...

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. " ...

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.