Top 5 Challenges in Pharmacovigilance

  Pharmacovigilance focuses on drug quality, medication errors and adverse drug reactions which impact the health care system by affecting a significant patient population. WHO defines pharmacovigilance as “the science and activities relating to the detection, assessment, understanding, and prevention of adverse effects or any other medicine-related problem” Ultimately, pharmacovigilance is regarded as the constant Read more about Top 5 Challenges in Pharmacovigilance[…]

A Guide to Building a Project Prioritization Scoring Model

PRIORITIZATION IN THE CONTEXT OF PROJECT PORTFOLIO MANAGEMENT Portfolio management is about maximizing organizational value delivery through programs and projects. In order to maximize value delivery, the governance teams that approve work and prioritize projects need to share a common view of “value” in order to use a scoring model to select the most valuable Read more about A Guide to Building a Project Prioritization Scoring Model[…]

Webinar: Achieve real-time visibility on Enterprise IT with Cloudbyz ITPM and BMC Remedyforce

Cloudbyz ITPM solution helps organizations gain visibility, insight, and control across all work. The solution provide the tools to properly align resources, projects, and goals, optimizing business strategy and performance. Cloudbyz ITPM enhances decision-making, maximize resource utilization, and increase operational efficiency. Cloudbyz ITPM and Remedyforce are built native on leading and innovative Salesforce’s force.com cloud platform comes with Read more about Webinar: Achieve real-time visibility on Enterprise IT with Cloudbyz ITPM and BMC Remedyforce[…]

The Remedyforce Ecosystem Spotlight – Cloudbyz ITPM

A picture’s worth a thousand words, at least that’s how the saying goes. We at BMC Remedyforce are excited to share a fantastic picture showing the ever evolving Remedyforce Ecosystem ! The picture above shows all the great integrations that Remedyforce has with other complimentary products. We continue to add partners to this picture to Read more about The Remedyforce Ecosystem Spotlight – Cloudbyz ITPM[…]

Prioritization Matrix

In a recent LinkedIn discussion, questions were asked about the short-comings of prioritization matrices. I would like to highlight the strengths and weaknesses of using such a tool for portfolio management. Firstly, a prioritization matrix differs from a more traditional scoring approach in that it offers a limited number of priority selections. The most simplistic Read more about Prioritization Matrix[…]

Benefits Realization Summary

The purpose of validating benefits is to ensure that real value has been delivered from projects post-implementation as well as increase value from future projects when shortfalls have been identified in present projects. Although the business case promises to deliver a certain amount of value (in most cases), few companies take the time to ensure Read more about Benefits Realization Summary[…]

Greater Value From Portfolio Management Systems

Portfolio management systems have a very real place in making PPM processes successful. These systems have the potential to drive value in a number of ways, some of which are highlighted below: 1) Enterprise repository (“single source of truth”)—having a single system that contains up-to-date and accurate project and portfolio data is valuable. Gone are Read more about Greater Value From Portfolio Management Systems[…]

Pipeline Management-Stage Gates Part 1

Stage-Gates™ are a critical component of project selection. A winning portfolio must contain winning projects, therefore the project governance board must be able to discriminate between good projects and great projects. The decision gate process enables the project governance board to review these projects based on preselected strategic criteria at the gate reviews of the Read more about Pipeline Management-Stage Gates Part 1[…]

The Right Portfolio Data at the Right Time

From a very pragmatic point of view, getting the right data at the right time is at the heart of good project portfolio management. If the right data is not available for decision makers to use, the issue will be mediocre results at best. Portfolio management is about selecting the right projects, optimizing the portfolio Read more about The Right Portfolio Data at the Right Time[…]

Tactical or Strategic PPM

Fundamentally, portfolio management is about strategic execution and maximizing value to the organization through important project investments. Through various processes, leadership teams can determine how well their project investments align to key strategic goals. Optimization techniques can further enhance the value of the portfolio, ensuring that organizations get the biggest bang for their project buck. Read more about Tactical or Strategic PPM[…]