Cloudbyz Blog

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Five Uses of a Prioritization Scoring Model

By Tim Washington, Point B Project prioritization is one of the most common topics in portfolio management literature. Within the context of project prioritization is the matter of scoring models because scoring models are the most widely used approach to prioritize projects. Although there are a lot of opinions on the effectiveness of common scoring models, they Read more about Five Uses of a Prioritization Scoring Model[…]

The Purpose and Goal of Prioritization

By Tim Washington, Point B Prioritization is about focus—where to assign resources and when to start the work. It is not about scoring methods and ranking mechanisms.  Without defining project priorities, it is difficult to effectively distribute personnel to carry out the highest valued projects. Project priorities enable management to assign their employees to the most important projects. Gaylord Wahl Read more about The Purpose and Goal of Prioritization[…]

Strengthen Talent Management With PPM

By Tim Washington, Point B Is It Just About Talent Acquisition? When people refer to the “war for talent” many discussions center on talent acquisition and try to answer the question “how do we hire the best people?” Although talent acquisition is important, talent development and retention are also very important (you want to keep those great people Read more about Strengthen Talent Management With PPM[…]

Dangers Of Relying On Purely Financial Methods When Prioritizing Your Projects

by Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting   There are many different approaches to project prioritization, but the most popular ones are the financial method and the scoring model. In this posting let us examine the financial methodology. In a nutshell it implies choosing some kind of a financial criterion – be it Read more about Dangers Of Relying On Purely Financial Methods When Prioritizing Your Projects[…]

Seven Steps to a Successful Project Portfolio Management Implementation

by Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting A question that I get asked fairly frequently during my consulting or training engagements sounds something like this: We have heard about this “project portfolio management methodology” … How valuable is it and how do we go about implementing it? Considering the number of times Read more about Seven Steps to a Successful Project Portfolio Management Implementation[…]

PMO as a Service

By Hariharan Ramadoss, COO & Co-Founder, Cloudbyz Program and Project delivery in IT is becoming increasingly complex and challenging with the dispersion of project teams across geographies, multiple vendors, dynamic changes in scope, and stakeholder expectations of faster delivery at lower budgets. PMO function plays a crucial role in managing this complexity and overcoming the Read more about PMO as a Service[…]

Top 10 Project Risks and What to Do About Them

by Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting Here is my favourite definition of risk: Risk is a bad thing that can happen on your project, but you are not entirely sure it will Below you will find a tables 1 and 2 with ten most common risks and ways to address them Read more about Top 10 Project Risks and What to Do About Them[…]

Communicate Portfolio Value

By Tim Washington, Point B I recently finished a project helping a CPG organization within a large retail company implement a product portfolio management process. The company as a whole tends to avoid developing business processes, but this CPG organization recognized the need for greater process discipline around its product pipeline and work in-take. Any endeavor to implement Read more about Communicate Portfolio Value[…]

Cloudbyz, xLM Partner to Deliver “continuously” validated Cloudbyz CTMS

This partnership combines Cloudbyz’s eClinical Trial Apps with xLM’s Continuous Validation service that enables delivery of “validated” apps. xLM, LLC, the first managed service provider for delivering continuously validated cloud apps, today announced a partnership with Cloudbyz, a provider of eClinical apps built on Force.com. Now Cloudbyz can deliver each of their cloud-based apps as Read more about Cloudbyz, xLM Partner to Deliver “continuously” validated Cloudbyz CTMS[…]

Portfolio Optimization—Data and Constraints

Guest post from Tim Washington at Point B In our hyper-accelerated business world, data analysis and data visualization are exceptionally important. In the realm of project portfolio management (PPM) and PMO’s, organizations need robust data analysis to strengthen decision making and improve strategic execution. The key is to have the right processes in place to collect the right Read more about Portfolio Optimization—Data and Constraints[…]