Top 4 Challenges Facing CIO’s and IT Leaders in 2019

The arrival of game-changing technologies like mobile apps, social media, cloud computing has brought forth a new standard in the operational & decision-making process for many businesses. The CIO’s and IT Leaders role continues to undergo a transformation that is driving business leaders closer to customer demands and

Continue Reading Top 4 Challenges Facing CIO’s and IT Leaders in 2019

A Guide to Building a Project Prioritization Scoring Model

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 work and assign the right resources to that…

Continue Reading A Guide to Building a Project Prioritization Scoring Model

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.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

Continue Reading 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…

Continue Reading 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

Continue Reading 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…

Continue Reading 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

Continue Reading Benefits Realization Summary

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.

Continue Reading Pipeline Management-Stage Gates Part 2

Greater Value From Portfolio Management Systems

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 the days of maintaining multiple versions of static Excel files that contain the current “authorized” list of projects. This value is magnified easier to access the system and the greater

Continue Reading 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

Continue Reading Pipeline Management-Stage Gates Part 1