UMT360 Blog

Blog Posts from the Leader in Enterprise Portfolio Management

Archive for the ‘Benefits Realization’ tag

Is That Really The Outcome You Were Hoping For?

Written by Ben Chamberlain on April 14th, 2021 at 8:59 am

Click here to read the previous post in this series, or start from the beginning

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 a meaningful outcome or it fails.

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Is Robust Benefits Realization Finally In Reach?

Written by Ben Chamberlain on July 10th, 2015 at 12:54 pm

UMT360_Blog_Image_MSProject

Part 5 in a series on how to extend the value of Microsoft Project Online & Project Server…
By now we know how important good business cases are to ensuring good project and program selection. A business case helps the organization determine the relative value of investments, and are also used to evaluate and prioritize competing initiatives.

But what happens to those business cases once the project has been approved? Read the rest of this entry »

Shaking The Traditional PMO… Like A Polaroid Picture

Written by Hubie Sturtevant on November 21st, 2014 at 10:56 am

BoothThe UMT360 team just returned from the PMO Symposium in South Florida, where we met lots of folks interested in learning about transforming their PMO. Symposium attendees stopping by the UMT360 booth learned about the benefits of establishing a strategic PMO and participated in the UMT360 PMO Maturity Assessment. The assessment survey helps organizations picture themselves on the continuum of establishing a strategic PMO. Literally. Because after taking the survey, each participant placed an old-school Polaroid selfie on the UMT360 booth corresponding to their score, showing how each respondent measured up against their peers. Read the rest of this entry »

Powering The Strategic PMO

Written by Hubie Sturtevant on November 14th, 2014 at 3:32 pm

You’re probably familiar with the grim statistics. Industry analysts tell us that traditional PPM is failing to deliver the anticipated results. And despite continued and significant investments in PPM, companies are still losing up to 46% of the planned business value from their project portfolios.

Clearly, the status quo isn’t working. But a new breed of business leader is emerging to help buck the trend and transform PPM. And the UMT360 team will be at the PMO Symposium in Miami to help showcase how these leaders are breaking the cycle of unreliable planning, cost overruns and project failures.

If you’re planning on attending the PMO Symposium in Miami from November 16-19, stop by the UMT360 booth to say hello. You can participate in our survey, picture how you measure up against your peers and be in the running for one of the free GoPro cameras we’ll be giving away at the end of each day. Read the rest of this entry »

Just What is a Strategic PMO?

Written by Paul Rosien on September 29th, 2014 at 7:26 am

UMT360’s recent webinar schedule has focused on enabling PMOs to be strategic. Great topics, with some world-class PMO professionals including Learning How to Establish a Strategic PMO with Carl Souchereau from SNC Lavalin T&D, and Changing the PMO Status Quo with Frank La Rocca from ConEd. In fact, we’ve seen so much interest in the Strategic PMO idea that we’ve created a local breakfast series, starting initially in Chicago and Houston.

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