Strategic portfolio and resource capacity planning is an extremely challenging endeavor for organizations to execute successfully. Companies typically struggle in two major areas:
Obtaining reliable and risk-adjusted performance predictions
Bridging the communication gap between upper and lower management
ProModel has developed a unique enterprise solution approach, represented by the diagram below. This allows strategic planners and implementers to collaborate using the same highly accurate and visual platform. The result is a far greater level of confidence in creating and executing a plan to achieve the organization’s strategic objectives.
In the
high stakes game of strategic and portfolio planning, the one certainty that
can always be counted on…is uncertainty. The further you plan into the future, the more likely it is for
variability, risk, and uncertainty to impact your portfolio’s performance. This is especially true for forecasting your
internal resource requirements, portfolio productivity and financial
performance. External factors can also
influence the success of your organization’s portfolio as competition,
government regulations, capacity shortage, and the state of the economy effect
performance objectives.
Typically,
the longer the time horizon, the lower the confidence one has in estimates,
which translates to higher risk and uncertainty.
Without
the proper tools and methodology to visualize and analyze these internal and
external factors, your long term strategic plans have a low probability of
being achieved. Often, companies will
use spreadsheets and other traditional planning tools, with complex algorithms
to try to forecast far into the future. This becomes very problematic since
these tools simply aren’t designed to account for the variability and
uncertainty inherent in long term strategic and portfolio planning. The
inaccuracies and inconsistencies that result from their usage could potentially
cost a company billions of dollars.
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ProModel
planning solutions allow you to add variability and survival rates resulting
in a better understanding of the risk associated with the portfolio or plan and
more confidence in the predicted performance outcomes
The bottom line of
planning with ProModel’s predictive solutions is a more realistic and accurate
range of likely performance indicators such as portfolio productivity, actual
annual revenue and net present value with which you can make better decisions
faster.
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Strategic Planning Events
Marcus Evans Pharma Resource Planning & Portfolio Management
Philadelphia, PA Tuesday, February 28, 2012 - Wednesday, February 29, 2012 Visit
site
Microsoft Project Conference 2012
Phoenix, AZ Monday, March 19, 2012 - Thursday, March 22, 2012 Visit
site
Gartner Program & Portfolio Management & IT Governance Summit
National Harbor, MD Monday, May 21, 2012 - Wednesday, May 23, 2012 Visit
site
News
ProModel Corporation is proud to announce the launch of EPS (Enterprise Portfolio Simulator) 2011. EPS is a Rich Internet Application that can be configured as a standalone system, a bolt-on to Microsoft Project Server, or integrated with other PPM (Project and Portfolio Management) systems.
Click here to read the press release
Videos
Click on the video above to
view a short presentation on
Enterprise Portfolio Simulator.
