IFEAD

People -- Process -- Business -- Technology
IFEAD is an independent research and information exchange organization working on the future state of Enterprise Portfolio Management.
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(Extended) Enterprise Portfolio Management / E(2)PM - Tools

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Enterprise Portfolio Analysis with Expert Choice

n today's economic environment where IT departments are being asked to do more with less, prioritizing and allocating your limited IT dollars requires a comprehensive and systematic decision making approach. Different priorities and objectives make it nearly impossible for IT managers to determine where scarce IT funds should be spent. Faced with a laundry list of important potential IT projects that exceed budget parameters, CIO's and IT managers need all the help they can get to determine the best choices for their IT dollars.

There are many sophisticated performance management software packages out there with attractive bubble charts that make it easy to track your IT investment portfolio. That's important, but managing a bad portfolio does not maximize efficiencies or increase your bottom line. Effective decision making is a process, and the part of the process where organizations need the most help is in determining what should be in their portfolio in the first place. Expert Choice does just that by helping you prioritize projects against organizational objectives and determining how to optimize and allocate human and financial capital to maximize your return on IT investment.

The bottom line is that Expert Choice's software helps your IT department to:

  • Facilitate identification of your IT objectives
  • Identify a full range of alternative solutions
  • Evaluate key trade-offs among your objectives and alternatives
  • Walk away with a decision that is fully understood and supported by your team

 


PlanView's PRISMS™ for IT Governance and Resource Management


Building on over a decade of experience with 350,000 users in more than 400 firms worldwide, PlanView Portfolio Management Software's advanced process automation tools manage strategies, projects, work and resources. When integrated with PlanView's PRISMS™ for IT Governance and Resource Management, the toolset delivers consistency and discipline that quickly results in a more mature and productive enterprise.

The rich, Web-native Portfolio Management Software uses portfolios to manage your work and resources through an intuitive, customizable user interface and easy-to-use collaboration tools. By integrating seven application areas with lifecycle, content management and collaboration tools, you will gain full control from strategy definition to delivery of quantifiable business value.

Implement Strategies that Deliver Quantifiable Business Value


Your process architects use PlanView's Web-based Process Delivery Center (PDC) to map out the lifecycles of your work by customizing templates, fields, forms, interviews and reports to improve the unique processes of your enterprise. Anyone in the organization can enter a work request which is automatically routed to the right governance authority for an informed decision on new programs, projects or service work, or to expand or change existing work.

Portfolio Management Software addresses seven key functions:

Strategic Management - Link strategies to business goals, funding levels and the real work done by an organization. Make early decisions about resource capacities and strategic priorities so you can focus on the right work.
Project Management - Scope, plan, schedule and manage projects more effectively.
Resource Management - Assign work efficiently, develop a skills pipeline, develop staff areas of interest and keep staff productive.
Investment Analysis - Categorize, score and prioritize opportunities based on quantifiable criteria. Evaluate the performance of portfolio investments and eliminate non-performing or misaligned work.
Services Management - Manage work such as support, ongoing, operational, maintenance and other planned work.
Financial Management - Build organizational and work budgets, report progress and actual cost information for operations and accounting and build detailed audit trails to meet regulatory compliance.
Business Intelligence - Track and display performance on strategies, investments, work, resources and key performance indicators.

 


Clarity

Niku Corporation (Nasdaq: NIKUD) is the leading provider of enterprise applications for Services Relationship Management (SRM), applications that help companies align peoples' work with company priorities. Niku's SRM applications automate knowledge workers in the mid-office—internal service departments including IT, R&D, marketing, consulting services, business development and corporate governance—where people and knowledge are the primary components of work. Mid-office functions represent an average 60% of company payrolls. By integrating project, portfolio, resource, accounting, and knowledge management with global collaboration in a single Web-native enterprise application, Niku has created the perfect complement to back-office ERP and frontoffice CRM systems. Niku Corporation is the pioneer in this category.

Niku's Internet-native applications, Niku 6 and Niku Six Sigma, enable companies to operate in real time, using accurate data, with executive-dashboard visibility always available. By effectively integrating and automating midoffice process and knowledge, Niku enables faster deployment of strategic initiatives, increases corporate efficiency and productivity, provides more effective communications, lowers costs and increases revenues. Niku customers include Bank of America, Bear Stearns, BellSouth, Best Buy, BT, Cerner, Coca Cola Bottling, Deutsche Telekom, Emerson Process Management, Ernst & Young, FiServ, Fox Entertainment, France Telecom, GE Medical Systems, Hewlett Packard, HSBC, Pharmacia, Sears Canada, Siemens, Sony Pictures, Southwest Airlines, State of Michigan, TRW Automotive, Textron Financial Corporation and Toyota Financial Services.

Control and Predictability Through Clarity from Niku


Clarity from Niku marries the strategic to the tactical. It couples top-down portfolio planning and analysis with bottom-up project, program, financial and process management. The result is a seamlessly integrated IT Management and Governance (IT-MG) system. Clarity gives executives a real time view into their organization's investments, initiatives and resources, and empowers managers to deliver controlled and predictable execution of projects and programs.


 


Enterprise Portfolio Management From Pacific Edge Software



Making All the Right Investments for All the Right Reasons


Enterprise Portfolio Management is a powerful new way of looking at all the organization’s assets, projects and product initiatives, and is fast becoming a mission-critical strategic management tool. Companies such as Dell Computer, Airborne Express and Johnson & Johnson have adopted Enterprise Portfolio Management as a means of ensuring their business initiatives are in line with corporate strategy — determining that everything they spend time and money on is actively contributing to the bottom line.

Enterprise Portfolio Management can be broken down into three distinct portfolio types:

The IT Portfolio
The drive to react faster to business change puts increasing pressure in IT organizations. IT Portfolio Management tackles these issues head on, allowing you to:

  • Reduce costs by eliminating IT initiatives that are duplicated, off-strategy, or poorly performing;
  • Optimize resource utilization through collaborative planning, improved prioritization, and continuous performance measurement; and
  • Achieve — and demonstrate — greater ROI by objective investment selection, a better balance of risk and reward, and enhanced IT governance.

The New Product Development (NPD) Portfolio
With tighter budgets and increasing competition, NPD faces the challenge of picking winners where there’s less time for analysis and no second chances. NPD Portfolio Management provides organizations with the ability to:

  • Identify and eliminate low-performance, redundant and renegade product initiatives that are off-strategy or have low opportunity for success;
  • Use resources better by streamlining demand planning and prioritization, collaborating more effectively, and measuring performance in real time;
  • Improve the value of NPD through more objective decision-making, an improved risk/reward balance within the portfolio, and a shorter time-to-market for new products.

The Business Investment Portfolio
There’s less operating capital to work with, increasing pressure on profitability, and a new air of accountability. Business Investment Portfolio Management creates a mechanism for fast, accurate, objective decision-making that improves the value of the business by:

  • Eliminating business investments that are non-strategic, underperforming, duplicated or simply no longer required;
  • Improving returns on both financial and human capital investments through enhanced demand planning, improved prioritization, collaboration, and continuous performance measurement;
  • Shifting the operating budget back into new strategic initiatives that transform the business and have bottom-line impact; and
  • Increases the value of the business through improved visibility and accountability, a better balance of risk and reward, and enhanced governance of IT and other areas.

 

 
Extended Enterprise Architecture Framework / E2AF & Extended Enterprise Architecture Maturity Model / E2AMM & Extended Enterprise Portfolio Management / E2PM are Service Marks (SM) registered by IFEAD