UMT360 Blog

Blog Posts from the Leader in Enterprise Portfolio Management

Archive for the ‘Financial transparency’ tag

Hard to deliver a return on investment if you don’t manage the actual investments!

Written by Ben Chamberlain on March 18th, 2021 at 1:12 pm

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

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 to deliver more than is invested in it.  And in the vast majority of cases, what’s invested eventually comes down to money.

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On A Journey To PMO Maturity

Written by Ben Chamberlain on December 7th, 2015 at 11:53 am

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This fall, the UMT360 team participated in several industry events featuring PMO leaders presenting thought-provoking keynotes and informative breakout sessions. Attending these events always gives us a chance to learn, along with an opportunity to speak with PMO leaders from all walks of life. It also is a great reminder that no two organizations have exactly the same needs or face precisely the same challenges.

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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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The Power of Regular Portfolio Reviews and Dynamic Reallocation

Written by Mike Gruia on July 18th, 2014 at 11:12 am

During a recent UMT360 webinar covering How to Become a Strategic PMO (see archive here), we found that only 1% have regular dynamic reallocation reviews via automated processes. Another 39% have regular reviews, but require manual, time-intensive efforts to collect and standardize data.

UMT360’s message to PPM practitioners is that this is their opportunity to take the leap to becoming a strategic PMO office by focusing efforts on gaining control of their investments. Annual planning and traditional resource allocation is not enough, as it cannot accommodate the challenges of market complexity and rapid change. Portfolio rebalancing allows organizations to keep their investment priorities in check and optimize the resource allocation and consumption.

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Digitalized IT Maturity Evaluated at Gartner PPM & IT Governance Summit

Written by Mike Gruia on June 9th, 2014 at 6:26 am

Having just returned from Gartner’s PPM & IT Governance Summit in Maryland, I’ve been reflecting on the many great discussions our team had regarding Digitalized IT and UMT360’s approach to Enterprise Portfolio Management (EPM).  Because we have long promoted the tenets of integration, transparency and digitalization as key to successful business investment management, it’s rewarding to see so many organizations today adopting the discipline of EPM to propel their businesses forward.

Digitalization was a strong theme at the Summit this year and we were interested in just how far along business are in digitalizing their IT.  We surveyed nearly 100 attendees who visited the UMT360 booth.  Visitors were asked to characterize their maturity in the four key areas.  They could indicate fully, mostly, little or none.

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