Blog Posts from the Leader in Strategic Portfolio Management
Having already been positioned early this year in Gartner’s 2021 Strategic Portfolio Management Magic Quadrant, UMT360’s Strategic Portfolio Management (SPM) software is now also included in a new Forrester analysis of the SPM market. Forrester’s Now Tech: Strategic Portfolio Management Tools is the second major analyst report featuring UMT360’s software, and positions UMT360 as one …
We’re pleased to announce the availability of UMT360 v6.4 – Product Update 4 (PU4). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. Here is a list of changes that will be …
Has any executive ever complained that they had too few projects? Most feel that they have way too many projects, and can never get them all completed. Yet having failed to deliver 100 projects for each of the last ten years they’ll still happily approve another 100 projects next year in the hope that something …
We’ve spent a lot of time in this series of blog posts looking at different elements – the imperatives – that are driving the need for Strategic Portfolio Management (SPM). Because we believe that mastering these seemingly disparate elements is the key building a successful business. But there’s another question, one that we’ve touched on …
We’ve been telling the world for years now that Strategic Portfolio Management (SPM) is the key to accelerating business transformation. And now we’re happy to announce our inclusion in Gartner’s new SPM Magic Quadrant. Gartner’s first ever Magic Quadrant on Strategic Portfolio Management has positioned UMT360 for its completeness of vision and ability to execute. …
It’s a familiar story. You adopt Agile techniques to start delivering projects, and it seems to work well. So, you start delivering more projects using Agile, and that works well too. Sure, there are a few missteps and a few areas where it’s less successful, but you gloss over those, because, well, it’s Agile! Over …
Why do you invest in projects and programs? A simple question, but one that many employees likely can’t answer. All investments are made to generate an outcome. Whether that’s financial, reputational, regulatory, or any other category label you want to apply, every investment – in projects, programs, products, capabilities, technologies, et al has to produce …
We’re pleased to announce the availability of UMT360 v6.3 – Product Update 3 (PU3). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. Here is a list of changes that will be …
In an earlier post, we looked at roadmaps, something that has been getting a lot of attention in the last couple of years. Most will agree that roadmaps need to have substance behind them and their purpose is to improve your ability to run your business and make key decisions. And perhaps most importantly, they …
Since project management first became a formal discipline, status reports have been the bane of every project manager’s life. Team members hate having to stop their work to update them. Stakeholders doubt the accuracy, completeness and timeliness of them. PMOs feel as though they spend way too much trying to corral them. And leadership largely …
If your business doesn’t already produce some roadmaps, then you probably feel as though you should have them. Because that’s what everyone seems to be been talking about – you have to have roadmaps, you can’t manage your business without roadmaps, roadmaps will unlock your strategic potential. And on, and on, and on. But when …
There’s only one reason to engage in any piece of work – and that’s to achieve value. Sometimes the value is direct – like more revenue or lower costs. And sometimes it’s indirect – compliance, customer and employee satisfaction and the like. But regardless of how value is defined, every piece of work do has …
It may be a cliché to say that people are your most important asset, but when it comes to Strategic Portfolio Management (SPM), that’s exactly what they are. So far, we’ve considered the different ways work gets done, the different models for delivering on strategy, and the need to continuously adjust and adapt your plans …
A series of blogs about Strategic Portfolio Management (SPM) wouldn’t be complete without a post stressing the importance of continuous or adaptive planning. You may think you’ve heard it all before, but you really haven’t. Because what is being promoted as the concept of continuous planning, and what many organizations have tried to embrace, isn’t …
Life used to be simple. Leaders got together once a year and set priorities for the business, and those became goals and objectives. Departments developed project proposals, with the “best” of those proposals (or the ones with the best sales pitch) approved as the initiatives that would help to achieve the stated goals and objectives. …
Our last post introduced the concept of Strategic Portfolio Management (SPM), kicking off a series of posts that will explore each of the key business imperatives you’ll need to address, and how effective SPM capabilities can help you address them. There’s no better place to start than with the most fundamental question of all – …
When Gartner starts talking about something, people typically listen. And recently Gartner has been highlighting the importance of moving beyond the traditional project and portfolio management (PPM) approach to embrace the concept of Strategic Portfolio Management (SPM). Broadly speaking, the idea behind SPM is that you manage all execution as if it is connected to …
We’re pleased to announce the availability of UMT360 v6.2 – Product Update 2 (PU2). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments.
We’re pleased to announce the availability of UMT360 v6.1 – Product Update 1 (PU1). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments.
A recent Gartner report offers insight into the evolving nature of PPM and the strategic portfolio management tools that program and portfolio management leaders need to effectively manage all work. This report is especially poignant to those who are tasked with driving digital transformation while also grappling with the associated challenges of managing work across …