The Info-Tech ranking report offers a unique view of the market based entirely on in-depth customer interviews. Download the Info-Tech ITSM Quadrant and Customer Viewpoint report today.
We’ll show you some of our best situations and show you exactly how to execute them to get immediate results. The best part is, iPaaS tools often feature easy-to-use click and drag functionality, meaning you don’t need a dedicated employee building integrations and workflows.
System Integrators, Value Added Resellers, Technology Providers, and Buying Consortiums can benefit from a partnership with TeamDynamix.
The Info-Tech ranking report offers a unique view of the market based entirely on in-depth customer interviews. Download the Info-Tech ITSM Quadrant and Customer Viewpoint report to gain a better understanding of key vendor strengths and emerging market requirements.
Project Portfolio Management (PPM) is a method for managing multiple projects as a cohesive entity, to achieve key organizational goals. An effective PPM approach helps organizations align projects with their strategic goals, maximize resource utilization, prioritize tasks and improve overall performance. In this blog post, we will explore the benefits of applying PPM as an integral part of an organization’s project management strategy.
PPM involves multiple stages, including project selection, prioritization, governance, resource allocation and monitoring. It offers a unified view of all ongoing projects in an organization, providing a bird’s eye perspective of all operational activities. PPM is a powerful tool that helps organizations drive productivity and efficiency by providing better visibility into all aspects of the project lifecycle. Here are some of the top benefits of taking a PPM approach to project management:
PPM helps with resource management in several ways:
By effectively managing resources, PPM helps organizations maximize their productivity, efficiency and profitability. PPM helps organizations ensure that they have the right resources at the right time, enabling them to respond effectively to changing market conditions and customer needs.
Kern Family Health Care, a Medi-Cal managed care health plan serving residents of Kern County, California, uses TeamDynamix PPM to manage all projects within the organization.
With a simple and intuitive user interface, TeamDynamix makes it easy for project managers to evaluate project requests, approve and prioritize initiatives, assign resources and track and report on progress. TeamDynamix helps EPMO staff keep projects on course, establish clear expectations, and allocate resources more effectively.
“With TeamDynamix, I always have a source of truth on project data,” LaVonne Banks, director of Kern Health Systems’ enterprise project management office (EPMO), said.
When implemented correctly PPM can be immensely valuable for maximizing success and profitability in any organization.
This is the case at Kern where TeamDynamix PPM has brought greater transparency to the project management process. It also saves Banks and her staff a great deal of time when they want to understand the status of projects and report this to organizational leaders.
“I love the platform’s reporting features,” she says. “They’re super easy to use. Being able to pull reports and quickly see real-time data is wonderful.”
Another key benefit of TeamDynamix is that it helps EPMO staff get out ahead of potential issues before they become full-blown problems. While some challenges are beyond the control of project managers, having greater insight makes it more likely that projects will be completed on time and under budget.
“We can quickly identify resource constraints and make adjustments when unexpected circumstances arise,” Banks says. “Because we can identify these issues earlier, we have a better chance of staying on top of resource management.”
Better transparency leads to more accountability and, ultimately, a higher success rate on projects.
When implemented successfully, PPM can bring many benefits to an organization. It ensures better visibility, better resource allocation and improved prioritization, allowing organizations to optimize returns on investment and achieve their strategic goals.
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