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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

sponsor  a governance team (or sponsor and steering committee, as it is also known as) of experienced executives who, in this context, did not know what it was doing. And when their projects failed, they fired the project manager! To ensure the success of the project and full realization of the business benefits, project teams must communicate and transfer accountabilities effectively to the governance team, but the prerequisite is that the governance team knows what it's supposed to be doing. Few Executives in Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » sponsor


The Devil’s in the Details (Based on a True Story)


sponsor  that point. The project sponsor was dismissed. All this drama could have been mitigated with one simple question during the sales cycle: “What licensing level and version of the database do I need for all my selected modules to run?” This is a very clear example of why maintaining a rigorous level of detail throughout the software selection process is very important, most especially for the project sponsor in this case. Here’s my message to project sponsors and stakeholders: leave no stone unturned Read More...
KPI's: Key Project Impeders
Paying attention to the human nature factors of a project will not overcome poor software selection or poor software design. However, being aware of these

sponsor  that having an executive sponsor is not a guarantee for success. This article looks at several factors that can cause a project to fail or help it to succeed, namely: comprehensive planning, inertia/loss of momentum, sense of urgency, and commitment. Redefining the acronym, KPI, I call these factors, Key Project Impeders (KPI). I will describe several that are commonly found in IT projects and what you can do to avoid or surely minimize their effects. Comprehensive Planning This may appear to be a Read More...
IFS Applications Achieves Oracle Exastack Optimized Status
At the IFS World Conference 2012 in Gothenburg, Sweden, it was interesting to notice that Microsoft was the diamond sponsor of the conference, while IBM and

sponsor  Microsoft was the diamond sponsor of the conference, while IBM and Oracle were platinum sponsors. Currently, IFS Applications runs solely on Oracle database, while the presentation (client) side and prepackaged business intelligence (BI) are Microsoft-centric (the IFS Web client also supports Internet Explorer, Firefox, and Chrome browsers). Where IFS offers more openness and choice is in the middleware/app server layer by supporting IBM WebSphere, Oracle Weblogic, and Red Hat’s JBoss products based on Read More...
Rapid Prototyping Or Simply Over-hyping
Having to install an entire suite of software before the strike of Y2K may have made rapid prototyping impractical. However, because we now have the luxury of

sponsor  to succeed, the project sponsor must be empowered and able to make the hard decisions. This individual must be able to keep the project on target toward meeting its immediate short-term goals without being temporarily detoured by the ultimate destination. Accordingly, the sponsor must be able to make trade-offs between time to complete, availability of resources, intended capabilities, and perceived benefits. For example, a sponsor can have resources shifted from another project; can hold the line of the Read More...
2006 PMI Research Conference Aims to Link Project Management Discipline with the Business Community
The 2006 PMI Research Conference was an excellent venue for gauging the direction in which project management research is heading. The presentations of the areas of portfolio management and program management confirm the rising demand for project portfolio management solutions.

sponsor  project manager leadership roles, sponsor roles and stakeholder issues Organizational project management , covering research on PMOs and organizational structures within the project management world Soft skills , focusing on negotiation and people skills for successful project execution and team building Learning , covering case studies and lessons learned from historical projects The three-day event was kicked off each day with different plenary presentations from a number of prolific speakers, Read More...
Connecting Your Executives to the CRM Effort: Becoming (and Remaining) a Data-driven Organization
When businesses commit to implementing customer relationship management (CRM), they commit to realigning their entire organizations around the customer. More specifically, they commit to collecting the right data—and using it the right way at the right time. But if you’re the manager championing CRM in your organization, how do you create the CRM buzz and obtain executive buy-in?

sponsor  lost opportunity As the sponsor of your CRM initiative, you instinctively know that every new CRM power-user generates a steady stream of mission-critical customer data that will inevitably help your organization cut costs and increase profits. But the executives around you might need some convincing before they believe. Executives are driven by bottom-line numbers, so to help them truly connect with the CRM effort you ll need to translate what you know into the language they speak. Showing them tangible Read More...
Harness the Power of Your Virtual Sales Team
Early in the campaign, the important thing is to get all your team members on the same page, share available knowledge, and plan ways to gather other required information. The first few meetings should be formal, with a printed agenda, including clear goals and time constraints (showing respect for team members' time). This process, of course, is called "discovery."

sponsor  an executive as a sponsor early in the game—one whose trust you will win with your leadership skills and competence, and who will back you in the end. Conflicts between team members will arise from time to time. Personal and professional differences make them inevitable—differences in job descriptions, business knowledge, experience, incentive plans, geographic locations, schedules, personalities, outside commitments, and communications style, to name but a few. The most common conflict is perhaps Read More...
Demand at the Fount of Open Source: A Primer Based in Demand Trends
As we witness the inexorable increase in demand for Free and open source software (FOSS), many organizations have yet to glean the FOSS fundamentals. This series highlights fundamentals for the enterprise as manifested in global customer demand trends.

sponsor  can then develop or sponsor development for that functionality in the product. The functionality can further the growth of the product as whole. Thus the software s entire user base can benefit and the primary development team of the software may not have to devote as much in the way of resources to creating new functionality on its own. Companies sponsor such development because they have the opportunity to get what they need at a lower cost, and via an efficient process. This development process signals Read More...
5 Tips to Assure a Successful ERP Implementation
Are you preparing to oversee an enterprise resource planning (ERP) implementation project? Are you worried about the statistics that report less-than-successful ERP implementations? While there are many reasons a given implementation project may be less than perfect, there are a few steps you and your ERP implementation team can take to increase your chances of success. Learn about the five steps to a positive outcome.

sponsor   Having a senior management sponsor who can champion the change needed in your organization is a critical, must have step in the journey to having a successful ERP implementation. Establish the Implementation Team The first requirement is creating an implementation team that will be able to maximize the value delivered by the ERP system. The team should reflect the make up of the ERP user community meaning all functional divisions and management levels with in the organization will need to be represented Read More...
PTC Acquires Servigistics - Doubles Up on Its “Product and Service Advantage” Mantra
The recently held PlanetPTC Live 2012 conference espoused the following two mantras – “Systems are Today’s Products” and “Product and Service Advantage.” Look for an exhaustive report from the conference and on PTC’s Winchill PLM (product lifecycle management), Creo CAD (computer aided design), and MKS Integrity application lifecycle management (ALM)/system engineering strategies. Most recently

sponsor  chain management (SCM) executive sponsor who buys into the holistic “product & service” story. PTC’s SCM savvy is non-existent when it comes to pricing optimization, parts planning optimization, reverse logistics, warehousing management, etc., but that can be built slowly over time and even added through additional SCM acquisitions. Slowly but surely, PLM is continuing to surround traditional transactional ERP. PTC maintains that the strategic role of PLM is to help companies develop the right Read More...

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