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Project Portfolio Management's Missing Functional Link: Stakeholder Management
A project's success is determined by the diverse stakeholder expectations. If some see return on investment as their primary stake, others may focus on

functional project organizational structure  Portfolio Management's Missing Functional Link: Stakeholder Management In project management, success or failure is determined by stakeholders, not project managers. Thus, a project portfolio management (PPM) vendor's raison d'tre is to facilitate stakeholder communications so that project expectations are met. However, project management office (PMO) leaders and project-centric organizations cite the lack of stakeholder management methodologies and tools in their PPM initiatives as one of their Read More
PPM for Professional Services Automation
A business practice that assists organizations to align their portfolio of projects with their business strategy. Professional services automation (PSA) refers to a system designed to streamline an...
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Documents related to » functional project organizational structure


How Project Management Can Help Manufacturers
Recently there were two great articles published on our Website touching the interesting problem of interactions between traditional manufacturing management

functional project organizational structure  or product families. The functional chain of “purchasing, planning, manufacturing, packaging, and shipping” will be our horizontals , and product managers with their teams will be the verticals . Our matrix is the intersection of the horizontals and verticals (see fig.1). A product manager can assign different people for the different projects (employees working on the same project are highlighted with blue).   Figure 1. Matrix structure [click thumbnail to enlarge] Companies with a matrix Read More
Top 10 Risks to a Configuration Project and How to Avoid Them
Companies producing and selling complex and configured products can achieve a major competitive edge by successfully implementing product configurator software

functional project organizational structure  resulting in individual or functional needs becoming more important than the overall enterprise needs Action : Identify the strengths and weaknesses of the Current State methods and processes related to the configurability strategy; then develop the desired Future State. Current State review Selectivity is essential - too much documented detail is not necessary. The Current State of product variability, such as available options and combinations, however, does deserve a high degree of attention and Read More
Magic Quadrant for B2B Gateway Providers
Business-to-business (B2B) gateway solutions have matured to the point where they can support a wide range of projects. However, there are still functional

functional project organizational structure  areas of substantial product functional differentiation remain, including overall product maturity, scalability, service-oriented architecture (SOA) service enablement, architectural coherence and community management. Vendors also differ substantially in terms of price/value, market understanding, market share, industry domain expertise, international strategies, global sales and support, and ' last but not least ' customer experience. MAGIC QUADRANT Market Overview The B2B gateway software market is Read More
Keys to Implementing Project Portfolio Management
Project portfolio management (PPM) is a tool-supported process for optimally managing an organization’s “portfolio” of projects. And although PPM can provide

functional project organizational structure  resources, and the impacted functional areas, as well as from other executives who have major stakeholder responsibility. 4. Establish Governance Structure Effective governance starts with leadership, commitment, and support from the top. However, such leadership, while crucial, is not enough. You must define appropriate organizational structure and rolls and responsibilities for all participants. There are three main organizational components to PPM: executive leadership, the portfolio management team, Read More
]project-open[
The ]project-open[ Web-based project management application covers essential functionality for project/portfolio management, CRM, finance, human resources

functional project organizational structure  management application covers essential functionality for project/portfolio management, CRM, finance, human resources, knowledge management, and more. ]project-open[ solutions target the following: - Agency use, especially for advertising or Internet agencies with requirements for collaboration, cost accounting, invoicing, and access security. - IT service management (ITSM), for monitoring IT projects, financial aspects, and BI-style reporting. - Translation management, for translation agencies in need Read More
Deltek Expands Its Project Planning Acumen
Deltek, the leading provider of enterprise software and information solutions for professional services firms and government contractors, made its first

functional project organizational structure  Expands Its Project Planning Acumen Deltek , the leading provider of enterprise software and information solutions for professional services firms and government contractors, made its first acquisition under  its new owner , Thoma Bravo , and new CEO Mike Corkery. The vendor has  acquired Acumen , a Texas-based provider of project management solutions and services for project-oriented businesses. The acquired company delivers project planning, analytics, and risk management solutions that help co Read More
IT Project Management Tools: MS Project and Its Alternatives (Part 2)
In my last posting I wrote about the functions of project management. When I considered alternatives to MS Project, I started thinking about the functions of

functional project organizational structure  variety of features and functionality. Please refer to TEC's website for a complete listing of what is new within PPM software, along with whitepapers that can further your understanding of the complexities of PPM. Read More
Project-oriented versus Generic GL-oriented ERP/Accounting Systems
Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented

functional project organizational structure  involve ERP materials management functionality through support for the following steps: customer demand, bills of materials (BOM)/routings, engineering change notice (ECN), materials requirement planning (MRP), capacity planning, purchase requisition/order, receiving and quality assurance, fill inventory, issue manufacturing orders, final subassembly and finished goods, customer delivery, billing, revenue recognition, and PSR. Dealing with Government Contracts Furthermore, many project-oriented Read More
How to Use Genius Project4Domino as Your Project Server
Genius Project4Domino and Microsoft Project are both project management tools, and though their range of features is different, they are also complementary

functional project organizational structure  to Use Genius Project4Domino as Your Project Server Genius Project4Domino and Microsoft Project are both project management tools, and though their range of features is different, they are also complementary. Using the solutions together can bring a well-rounded project management solution to companies of all sizes. Learn how they can be used to ensure consistency and eliminate downtime, so your long-term strategic project plans are a success. Read More
The Keys to Effective Project Governance Leadership
Project Sponsor.com conducted a three-year research program on project governance. The findings turned up some surprising facts on how project governance is

functional project organizational structure  Keys to Effective Project Governance Leadership Business executives tend to approach project governance with good intentions, but with few governance-specific skills, and with little knowledge or education on the process. It is assumed by all parties involved in a project that no such expertise is needed. This is a false assumption. Between 2003 and 2005, Project Sponsor.com conducted an in-depth project governance study on more than 40 major Australian organizations. The study involved detailed Read More
ERP vs Project-Based Solutions - Which is Right for You?
Are project-based solutions (PBS)—a new type of ERP for complex, engineer-to-order companies facing rapid change—right for you?

functional project organizational structure  project-based Solutions,PBS,enterprise resource planning,ERP,enterprise asset management,EAM,engineer-to-order,ETO,configure-to-order,CTO,make-to-order,MTO,IFS white paper,IFS Read More
The Benefits of a Software Selection Project-Even when Management Imposes a Decision
The Project Delivery Group (PDG) here at Technology Evaluation Centers (TEC) works closely with our clients to assist and guide them through the process of

functional project organizational structure  nature and niches, its functional suitability for the acquired company’s needs, and other business realities. On other hand, some factors—which have nothing to do with the selection process—may have been given high priority, and could have been brought over with the mother company. This type of situation happens more often than we’d like to think. We’ve all come across instances when top management, for their own reasons, mandated a specific solution, which wasn’t necessarily in line with the Read More

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