UMT360 Blog
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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 …
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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 …
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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 …
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Con Edison’s Director of Financial Governance Frank La Rocca is using Microsoft Project Server and UMT360 to provide financial intelligence across the company’s $2 billion portfolio. He discussed how UMT360 is helping him optimize the capital spend and drive results during the Microsoft Project Conference in Anaheim earlier this year. He also shared his governance …
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In his recent UMT360 webinar, Benefits Realization: Unleashing the Power of the PMO, Frank La Rocca, the Director of Business Improvement Services in Con Edison’s Finance Organization, shared a benefits realization solution to effectively track the actual value delivered across the investment portfolio. To ensure you’re realizing planned benefits, La Rocca said organizations should have …
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In a recent HBR article The Hidden Indicators of a Failing Project, author Gretchen Gavett explores why people are reluctant to bring up red flags during the course of a project. On the list of How to Manage Big Projects Differently are “check and revise your business case regularly” and “monitor what’s not being spent.” Those …
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Almost two years ago, Con Edison’s Director of Business Improvement Services, Frank La Rocca, instituted a ‘sweep process’ to allow for dynamic budget reallocation. “It allows project managers to release funds dynamically during the year and we can secure those funds for other projects. Once we know a project is not going to use that money, …
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Today, many companies are failing to realize up to 46% of the planned business value from their project portfolios. The key to recapturing that lost business value is Portfolio Financial Intelligence (PFI). UMT360 is please to launch a series of three webinars presented by Frank La Rocca, Consolidated Edison’s Director of Business Improvement Services within …
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UMT360 is pleased to bring you a series of webinars on PPM 2.0 – Why Portfolio Financial Intelligence (PFI) is Key. You can click here to view the recording of the first in the series presented in late September by UMT360 CEO Mike Gruia. Join us for the next three webinars being presented by Frank …
