Projects are Investments

When IT projects are completed and systems are delivered, they don’t just disappear. Completed projects can be described in various ways: investments, assets, operational applications, and so on. Whatever they’re called, they typically require continuing investments of resource time, effort, and dollars to maintain, fix, and upgrade. In fact, the post-project delivery lifecycle effort is critical to an IT organization.
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How to Use Projects to Master Asset Management

IFS co-founder Ulf Stern and senior advisor Anders Wilhelmsson discuss how project management functionality that is tightly integrated with enterprise asset management (EAM) and asset lifecycle management (ALM) tools is essential to executives of asset-intensive industries. Lacking this integration, valuable asset data is lost and asset utilization cannot be maximized.
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Over the past decade, talent management initiatives have become one of the top priorities within global organizations. While the business value of talent management investments is often recognized discretely through increased efficiency, organizations have frequently found it challenging to quantify the actual business impact or return on investment of their talent management initiatives.
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