* View
projects at the program and initiative level;
*
Prioritize projects by economic value contribution;
*
Identify and manage risk across the portfolio on a
global basis;
*
Quickly identify and resolve issues before they impact
project success;
*
Automate client request and scope definition process to
reduce project start-up time;
*
Capture program and project level requirements to ensure
the work efforts align to business priorities &
objectives.
Solution
Detail
[ PDF / 470KB]
Enterprise IT
Point-of-View
[PDF / 929 KB ]
DESCRIPTION
Zero Delta Execution
Manager is an enterprise-class software tool that can be used on
a global basis to manage portfolios of business and information
technology initiatives, programs, and projects.
Zero Delta Execution
Manager addresses the entire initiative and program
demand-to-supply equation, providing an easy-to-use interface
for clients to use to generate new requests for programs and
projects, while providing the people responsible for program
design and execution with a view into the request as well as the
tools required to fully plan and execute the program according
to specific business drivers and requirements.
'Zero
Delta Execution Manager fully supports the PMBOK (third edition)
Process Group structure and the nine Knowledge Areas. If
you're a PMP or if you have adopted the PMBOK approach to
project management, you need to review the capabilities of Zero
Delta Execution Manager. This is the PMIS system
you've been looking for.'
BACKGROUND
Most
companies today use project management tools to manage
individual work efforts and activities. While these tools are
effective at managing the daily tasks of a given project, they
don't address the 'higher order' of projects at the program or
initiative levels.
At any given
moment in time, there are hundreds to thousands of projects
underway throughout the enterprise. All too often projects
have upstream dependencies on other projects and are themselves
dependencies of other projects. If one project is severely
impacted by schedule or budget changes the impact can have
'daisy chain' effects where all other related projects can be
affected. Such an impact can have a material financial
implication as project continue to burn money and resources
while producing little output and negative value to the
organization.
An
enterprise-class portfolio management solution like Zero Delta
Execution Manager provides a 'landscape view' of the entire
project portfolio. Zero Delta Execution Manager addresses
the entire portfolio lifecycle -- from portfolio planning and
financial investment analysis to the daily execution of programs
throughout the portfolio -- providing an instant view into the
health of every project throughout the portfolio.
Zero Delta
Execution Manager increases visibility of project and portfolio
activity so that at any moment one can determine where risks
might be lurking, where issues are getting out of hand, where
status hasn't been properly or recently reported, and the
history of all events and activities that have taken place to
date so that one can respond quicker, more effectively, and with
greater precision in order to ensure that portfolios are
realized on-time and within budget.
FROM DEMAND
TO SUPPLY
Zero Delta
Execution Manager addresses the entire portfolio management
demand-to-supply equation.
Project
Inception. Internal 'customers' can easily create a
new program or project request using Zero Delta Execution
Manager. At the touch of a few buttons, an entire program
or project charter can be created that captures all of the
essential details required to further plan and analyze a client
request. Key Business Drivers, Business Imperatives,
Strategic Goals and Objectives as well as precise performance
indicators and metrics can be established early on so that the
program and corresponding projects can be properly 'ranked'
within the portfolio.
Planning &
Analysis. Zero Delta Execution Manager leverages the
Zero Delta Value Based Planning (VBP) approach that ties
together rigorous financial planning and investment methods in
order to more accurately predict the return on investments, the
risks facing the investments and the probability of successful
delivery within the required timeframe.
Portfolio
Structuring. The old adage 'the only thing that
remains constant is change' holds true especially within the
context of planning and managing a diverse portfolio of
projects. Zero Delta Execution Manager establishes
baseline views of the portfolio and individual projects and
allows for baseline revisions as changes occur within the
environment. Change in corporate strategy or market
direction, changes in investment philosophy or approach, and
changes that occur at the project level can all be addressed so
that the portfolio remains in constant alignment with the
enterprise strategy.
Portfolio
Management. The day-to-day activities of managing the
portfolio can quickly get out of hand if the corresponding
planning and execution activities, workflows, and processes are
not systematically managed. Zero Delta Execution Manager
has built in workflow and process control that ensure that
everyone has a view of where things stand across the portfolio
and immediately are notified of changes and significant events
and can easily respond to these events using a common framework
and common set of tools.
Delivery
Workflow Control. Zero Delta Execution Manager ensures
that relevant project-related events and updates propagate up
through the portfolio views. Issues, risks, status
reports, and financial events all are managed using a consistent
workflow structure.
Real-time
Performance Management. Instant views into real-time
health of the portfolio and current performance levels ensure
that critical activities stay on track and where they divert off
track they receive prompt and adequate response.
Post-Mortem Performance Review. Zero Delta Execution
Manager provides post-mortem analysis and performance review
capabilities. This enables an organization to mature the
portfolio and project management function in order to maximize
productivity, efficiency, and total enterprise value
contribution.
