UMT360 Blog

Blog Posts from the Leader in Enterprise Portfolio Management

Archive for May, 2014

UMT360 Named Microsoft 2014 Partner of the Year Finalist

Written by Ben Chamberlain on May 28th, 2014 at 12:37 pm

UMT360 is pleased to be named a finalist in Microsoft’s 2014 Partner of the Year Awards which celebrate top Microsoft partners that solve customer challenges with creative technology solutions.  Microsoft received more than 3200 nominations for the 46 awards.  UMT360 has been named either a winner or finalist in the Partner of the Year Awards in each of the past five years.   Click here to read more about UMT360 and the Partner of the Year Awards.

How do you create a strong Enterprise PMO?

Written by Ben Chamberlain on May 19th, 2014 at 1:37 pm

Consolidated Edison’s Frank La Rocca did such a great job setting up an enterprise PMO to handle a $200 million portfolio that the energy company has asked him to do the same for $2 billion of spend.  What made him so successful?  La Rocca understood early on that he had to have the portfolio transparency to know what projects were underway and the financial metrics to gauge their performance.  He had to make changes to ensure he had the information he needed to make smarter portfolio decisions from selection forward.

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Join us at Gartner’s PPM & IT Governance Summit in June

Written by Ben Chamberlain on May 16th, 2014 at 2:05 pm

UMT360 is pleased to be a Silver Sponsor of Gartner’s PPM and IT Governance Summit being held June 2-4 in National Harbor, Maryland. The two day summit with the theme “Resource Priorities. Generate Change. Realize Returns.” is described by Gartner as a premier gathering of senior executives, program/portfolio managers and IT leaders focused on realizing the full potential of projects, programs and initiatives.

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Key Digital Models for CIO Management of Applications Investments

Written by Ben Chamberlain on May 15th, 2014 at 3:31 pm

Gartner’s recently released 2014 CEO and Senior Executives Survey found that growth and IT are executive’s top priorities and those surveyed are talking about digital.  In Gartner’s announcement of the survey, VP and Gartner Fellow Mark Raskino said the CEO’s who say technology-related change is important to them, must now invest in that insight.  “Make the tough choices. Be prepared to cut back in areas that represent the old pre-digital ways of doing business. But maintain a coherent and integrated view of the investment being made. Don’t allow too much fragmentation across sales, marketing, digital, IT and other budgets to obscure the view and reduce directional control.”

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The CIO as Chief Investment Officer

Written by Mike Gruia on May 14th, 2014 at 10:17 am

I was reading a blog from a while back on the HBR Blog Network called “The Four Personas of the Next-Generation CIO.”   It was amazing to stop and think about how much has changed since the blog was written a few years ago.  While the issues for the CIO remain basically the same as in the blog, what the CIO role looks like today and where it’s headed appear to me to be very different.

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Debunking the Growth Capacity Gap

Written by Ben Chamberlain on May 5th, 2014 at 2:57 pm

In Gartner’s recently released 2014 CEO and Senior Executive Survey, a third of the executives surveyed named growth as their top priority.   Businesses want growth but face a series of challenges when it comes to finding ways to paying for it.   Among other things, the run-the-business investments are eroding capacity, consuming funds needed for growth, so the business has to find a way to rationalize the operational spend.  As a result, organizations are taking a hard look at their Application Portfolio Management (APM) to determine what they need to do to make it more effective.

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