Should I Invest in Project Portfolio Management (PPM) Software?
At some point, you’ve probably found yourself asking – Should I take on the expense of investing in Project Portfolio Management (PPM) software for my business? What’s the overall ROI?
The Value of OnePlan for Your Business
Investing in OnePlan enables your project management teams to be more efficient and productive with a fast-tracked deployment, built-in best practices, and out-of-the-box reporting. Not having the right resources to complete projects is like assembling furniture without the screws – you have the pieces, but you need to be able to put it all together. PPM enables teams to perform by allowing them to communicate and access project data in real time without the need for time-consuming project progress meetings.
Addressing Pain Points
Organizations, small and large, experience unnecessary costs and headaches that could easily be solved with the implementation of a PPM. From project managers to VPs and CEOs, we have heard familiar stories outlining key pain points that organizations without PPM systems encounter:
- Disconnected systems – Projects managed and data stored in different programs
- Lack of visibility – Difficulty using unified metrics to assess project status
- Manual reporting
- Over-utilized/mismanaged resource allocation
- Multiple project management methodologies
- Loss of time from searching/compiling project documents
- Spending too much time in status meetings
- Disjointed data management
Benefits of a PPM System
- Providing Visibility – Obtain visibility across your organization’s Agile projects and traditional projects from your Project Online environment by connecting your agile tools for better decision-making, cost tracking, strategic alignment, and resource planning.
- Agility and Flexibility – Things can change quickly. When they do, you need to be able to adapt. PPM software allows you to have immediate access to your projects and data, helping you adjust project conditions to consistently deliver on time and within budget.
- Process Automation – OnePlan enables you to automate tasks and avoid duplication of processes. This saves you time generating manual reports and lets you focus your energy where you need it most – on the project.
- Enhance Collaboration and Communication – Most organizations are already using Microsoft’s Office 365, so the native integration with SharePoint and Azure DevOps is a considerable benefit. Using familiar technology means higher adoption rates and shortened ramp-up times.
- Project Governance – OnePlan provides better governance and control of your PPM environment. Adding processes, workflows, and other structures to your environment is simple and effective, ensuring uniform standards across the organization. This helps ensure that all projects meet the organization’s strategic goals and resource constraints.
- Cost Savings – Implementing a PPM tool across your organization saves time and money. With enhanced insight into projects and automation, you save time from additional status meetings, reduce overhead costs, increase agility, and can instead focus on areas that generate revenue for your company.
Staying Competitive with OnePlan
By implementing a PPM system like OnePlan, you never have to worry about staying on top of the competition. You can ensure that you are always using the latest, cutting-edge technology.
Start Bridging the Gaps
Start bridging the gaps between your project teams by viewing our webcast with the latest tips and tricks to simplify your PPM deployment.
