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PPM Studio Webinar

7 checks to improve your Projects

Portfolio Performance (04-Mar-2009, 11.00 AM EST)

Presenters:

Deepak Goel (Product Manager)

(Deepak_Goel@semanticspace.com)

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Agenda

Company Overview

Identifying hidden issues in Projects Portfolio

Corrective measures to address PPM Issues

PPM Studio Product Demo

Organizational Benefits

Q&A? Thanks for joining us!!

The session is for 1 hr

Audience will be muted during the session

Please post your queries through chat, all the queries will be answered during Q&A after the session

The presentation slides will be uploaded on our website after the session

Instructions

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Semanticspace Technologies LimitedSemanticspace Technologies Limited

• In business since 1997 with an annual revenue of $100 Mn, 1200 employees, 10 offices in 7 countries.

• Our Offerings• Enterprise solutions• QA & Testing services• Product Engineering• Packaged Applications

• Group Companies• Arsin Corporation (Leading SAP Partner)• Prolifics (Leading IBM partner)

• Microsoft Gold certified partner

• Delivered over 1000 mission critical applications to companies ranging from startup to Fortune 100.

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Project Management Statistics The main IT project failure criteria identified by the IT and

project managers were:

Missed Deadlines (75%)

Exceeded Budget (55%)

Poor Communications (40%)

Inability to meet Project Requirements (37%)

Lack of Planning (39%)

Poor Quality Control (35%)

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Check 1: Project Governance• Defining Business Goals

• Ranking Business Goals

• Ranking Projects against Business Goals

• Evaluate Projects based on strategic alignment, budget required, risk involved, IRR and NPV

• What-if analysis to evaluate your projects selections

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Check 2: Project Management Framework • Project Planning

• Task Planning

• Team Planning

• Project Scoping and Change Management

• Risks and Issues Management

• Project Cost Management

• Communication Management

• Stakeholder’s Management

• Project performance monitoring by KPI’s

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Check 3: Optimizing Resource Management• Advance Resource Capacity

Planning

• Resource allocation by Project Technology and Competency Requirements

• Resource Utilization by skill, by role, by department

• Timesheet Management

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Check 4: Overall Financial Management• Project Costing and Billing

• Project Expenses Management

• Project Profitability

• Project Cost by Timeline

• Earned Value Management

• Overall Organization Financial Management

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Check 5: IT Asset Management• Building a centralized

Asset repository

• Identifying the needs of assets in advance

• Assets investment evaluation

• Saving cost on non-utilized assets

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Check 6: Process Automation

• Defining Standard processes and practices

• Automate manual processes into automated processes

• Enforcing quality measures or hard stops on process gates

• Following best fit process methodology for different project types

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Check 7: Knowledge Management• Building a centralized

knowledge repository

• Encouraging PMO to define processes, templates and store them in knowledge repository for organizational use

• Submitting Projects data, best practices, lessons learnt to Knowledge repository for future reference

• Referring Knowledge repository for past experiences while initiating new project

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Live PPM Studio Demo…

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Q & A?Q & A?

Contact us:

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