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  • Project and Portfolio Management

    By: Collin Quiring

     

    IDC completed a study on Portfolio Management at the behest of CA.  The study appears to have been about PPM (Project and Portfolio Management) and not specifically tied to software from CA.  That said, they found many interesting facts that I wanted to highlight.

     

    The costs of operations were decreased, resource utilization increased and project redundancy was dramatically reduced or eliminated all together.  There are a number of comments that I can make about the benefits of implementing PPM but I think that the study itself shows numerous benefits so I will just highlight those for now.

     

    Some of the interesting findings:

    Time to Market in weeks                          33% improvement

    Number of projects managed                   35% increase

    Cost per project                                        37% decrease

    IT staff productivity                                  14% increase

    Payback time                                            7.4 months

     

    This is one more study proving the value of PPM and in tough economic times I would argue that this is even more important than ever!

     

    Source: IDC White Paper, How Project and Portfolio Management Solutions are Delivering Value to Organizations, September 2008

    Published on February 19, 2009 · Filed under: Enterprise Project Management; Tagged as: , ,
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