UMT360 Blog

Blog Posts from the Leader in Enterprise Portfolio Management

Archive for January, 2015

To Deliver Effectively You Must Be Able To Measure, Understand, Predict, Realign and Reallocate

Written by Mike Gruia on January 20th, 2015 at 8:53 am

(Final post of a series on the forces helping to drive a tactical to strategic transformation of the PMO.)

In this series of blog posts, we’ve established the importance of focusing on capabilities, prioritization, allocation and road maps as they relate to the Strategic PMO. But at the end of the day, all of those ideas and concepts simply set us up for being able to effectively deliver results. And delivery is a bit more complex than simply “finishing the project”. Successful delivery requires organizations to:

  • Measure Outcomes
  • Understand Variance
  • Predict Impacts
  • Realign
  • Reallocate

Let’s take a look at each one of those capabilities in a bit more detail:
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Mapping the Road from Investments to Value Realization

Written by Mike Gruia on January 14th, 2015 at 9:50 am

(Part five of a series on the forces helping to drive a tactical to strategic transformation of the PMO.)

Effective planning and execution of strategic initiatives requires that processes, technology and implementation all be synchronized with company strategy. Organizations that ignore these dependencies risk not being able to implement even moderately complex programs.
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Linking Resource Allocation To Strategy

Written by Mike Gruia on January 7th, 2015 at 4:40 pm

(Part four of a series on the forces helping to drive a tactical to strategic transformation of the PMO.)

For many companies, the allocation of resources is driven from the bottom up. Allocation decisions are often disconnected from business capabilities, are commonly based only on one year of data, or are guided by a simple “allocate-or-not” mindset. Needless to say, these static and stagnant approaches are not very efficient.
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Cumulative Update 2 (CU2) for UMT360 for SharePoint 2010

Written by Alexandra Schiopu on January 2nd, 2015 at 1:12 am

Release Announcement – Cumulative Update 2 (CU2) for UMT360 for SharePoint 2010

We are pleased to announce the release of the UMT360 for SharePoint 2010 Cumulative Update 2 (CU2). UMT strongly recommends that you test this in a non-production environment first before applying in production.

  • Core Financial Capabilities
    • Added the ability to map generic resources to default allocation centers
    • Improved behavior for the Maintain Synchronized Financial Values option on persisting values at the allocation centers level
    • Persist financial structure mappings to custom fields when adding or removing financial nodes
    • Addressed issues with the Financial Timeline not being properly saved when the Project Fields web part used for updating the timeline did not include Project Name
    • Fixed issues with rows in the financial grid not being read only when linked for synchronization with schedules and resource plans
    • Addressed display issues with financial grids being resized incorrectly in the Change Request dialog
    • Extend the Select only allocation centers that include values functionality for Actuals to include all financial periods, not just the current one
    • Fixed errors with the financial grids after making changes to financial structures
    • Addressed issues with the Review Change Request dialog when using Financial Breakdowns that don’t stretch the entire timeline
    • Added the ability to select left- or right-alignment for numbers in the financial grids, with right-alignment as the default option
    • Improved handling of new lines in Change Requests and Snapshots description
  • Other
    • Added the ability to turn off workflow approval notifications
    • Improved support for Project Server’s User Delegation feature
    • Added the ability to automatically synchronize UMT360 Client Access Licenses (CALs) to user groups
    • Mappings to Custom Fields are now refreshed automatically on creation or editing
  • Performance and Reliability
    • Addressed Project Has Write Lock errors when saving Financial Breakdowns
    • Addressed queue job failures when bulk opening closed or submitted financial periods
    • Addressed issues with Change Request creation after installing Microsoft Windows update (KB2894844)
    • Improved support for Internet Explorer 8 (IE8)
    • Improved Queue reliability on jobs apparently stuck as running
    • Improved Queue reliability on running multiple Data Import sessions in parallel
    • Addressed issues with updating Enterprise Associations lookup tables for users with limited Project Server permissions
    • Addressed issues with submitting Change Requests and Financial Reporting Periods for users with limited Project Server permissions
    • Addressed reliability issues on building cubes when some of the users are set to log in with Form-Based Authentication (FBA)
    • Improved reliability on building OLAP Cubes when using long cube or server names
    • Improved handling of very large numbers of Allocation Centers
    • Addressed formatting issues with Custom Fields updated via Change Requests
    • Added full support for running multiple Queue services in a farm
    • Addressed JavaScript errors with the Workflow Visualization web part when 3rd party applications override the JQuery stack
    • Addressed issues with Stage Transitions for new entities

 

Visit the version history page for version details.

 

Customers and Partners can download CU2 via the online portals at www.umt360.com. Direct download link: http://www.umt360.com/download/176c9b7f-3d66-46fa-bc3d-34419eb96600.aspx.