Know The Difference Between Work Intake Versus Stage-Gate

What is the difference between a work intake process and a Stage-Gate process? This is important to distinguish, especially for newer PMO’s that are setting up portfolio management processes. Work Intake The work in-take process refers to the steps of developing a project proposal and bringing it to the governance board (or PMO) for a Read more about Know The Difference Between Work Intake Versus Stage-Gate[…]

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[…]

The Value of Time Tracking

What is the real value in tracking time for project and non-project work?  The fact is collecting accurate time measurements across an entire organization can be time consuming and potentially expensive. Collecting time for the sake of collecting time is a huge waste of good organizational energy. I have compiled a list of six reasons Read more about The Value of Time Tracking[…]

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 2

Stage gates are a governance structure to evaluate, authorize, and monitor projects as they pass through the project lifecycle. In the last post, we looked at the first four reasons for establishing a stage gate process in the organization. In this post, we conclude with the last four reasons for establishing a decision gate process. 5) Greater Read more about Pipeline Management-Stage Gates Part 2[…]

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[…]

Be Sure To Use The Portfolio Data

Data represents a major facet of successfully implementing project portfolio management (PPM). In a previous post, I discussed how data drives the portfolio management engine and some of the key components for getting good data into the tool. Some important portfolio data types includes: financial data, resource data, schedule data, and benefits data. Leadership plays Read more about Be Sure To Use The Portfolio Data[…]