Enterprise portfolio management

UMT360 Blog

UMT360 Positioned for its Strategic Portfolio Management Solution in the 2021 Gartner Magic Quadrant for Strategic Portfolio Management

We’ve been telling the world for years now that Strategic Portfolio Management (SPM) is the key to accelerating business transformation. And now we’re happy to announce our inclusion in Gartner’s new SPM Magic Quadrant. Gartner’s first ever Magic Quadrant on Strategic Portfolio Management has positioned UMT360 for its completeness of vision and ability to execute. …

Gartner’s 2018 Magic Quadrant for IIPA Recognizes UMT360 As A Visionary

For the seventh consecutive year, UMT360 is once again recognized as a Visionary in Gartner’s Magic Quadrant for Integrated IT Portfolio Analysis Applications (IIPA). In its 2018 report, Gartner recognizes UMT360 for its completeness of vision and ability to execute. The full report can be found here (Gartner subscription required).

UMT360 Named A Visionary In Gartner’s 2017 Magic Quadrant for IIPA

UMT360 has once again been recognized as a Visionary in Gartner’s 2017 Magic Quadrant for Integrated IT Portfolio Analysis Applications (IIPA). This is the sixth consecutive year that UMT360 has been recognized by Gartner for its completeness of vision and ability to execute. The full report can be found here (Gartner subscription required).

New tools and techniques turn project management into strategy execution

Gartner recently published its Market Guide for Strategy Execution Software. If you’re a Gartner client, you can access it here. The report speaks to the “execution gap” that many organizations are struggling with, and the main culprit seems to be a reliance on traditional tools and processes that keep project success rates stuck at around …

Things Will Be Heating Up At Ignite Next Week!

Close to 20,000 people will gather in Chicago for Microsoft Ignite during the first week of May. We’re looking forward to seeing everyone there, but we’re particularly interested in connecting with anyone who manages or depends on Microsoft Project Online and Project Server. If that sounds like you, and you’re planning on attending Ignite, please …

The Enterprise’s Biggest Challenge – Bridging the Planning & Execution Gap

A recent UMT360 webinar attracted about 200 project management professionals interested in learning more about how today’s PMO can bridge the planning and execution gap. Judging from the responses to our poll questions during the presentation, nobody doubts that there is a gap. But it’s clear that many organizations are not quite sure what may …

Mapping the Road from Investments to Value Realization

(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.

Linking Resource Allocation To Strategy

(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 …

Evolving From Tactical To Strategic PMO

(Part one of a series on the forces helping to drive a tactical to strategic transformation of the PMO.) For decades now, the PMO has been typically focused on tactical execution. Which is what made the keynote address at this year’s PMO Symposium – by one of the world’s foremost authorities on competitive advantage – …

Survey Results Hint At Big Challenges for IT Transformation

A big thanks to all the attendees of the IT Portfolio Management Conference in Chicago who stopped by the UMT360 booth. The event was a fantastic opportunity to connect with IT leaders looking to transform how they manage enterprise IT investments. Many of the folks who stopped by the UMT360 booth participated in our 2014 …

Just What is a Strategic PMO?

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 …

Calling All Strategic PMOs (And Those Looking to Become One)

Back in July, we ran a successful webinar discussing what it takes to create a strategic PMO. The webcast, led by Carl Souchereau, formerly of TransAlta and now Project Director at SNC Lavalin, provided practical advice around mastering the important yet tactical aspects of project management as well as taking strategic responsibility for managing the …

The Power of Regular Portfolio Reviews and Dynamic Reallocation

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 …

What is Portfolio Management?

Ask ten people to define portfolio management and you’ll likely receive ten different answers. Of the various definitions, most will focus on some sort of aggregate reporting across portfolios or highlight alignment of spend with strategic priorities and selecting the optimal project portfolio under varying budget constraints.

UMT360 Announces the Release of UMT360 Portfolios

UMT360 today announced the release of the newest module in its leading Enterprise Portfolio Management solution – UMT360 Portfolios.  UMT360 Portfolios connects siloed portfolios (e.g. project, application, IT Service and business capability) to build a dynamic blueprint of a company’s operating fabric.  It provides three breakthrough EPM models to help CIOs, Portfolio Managers and PMOs visualize …

Four Additions Named to the UMT360 Team

UMT360 is excited to welcome four new individuals to our Bellevue-based team. Ashok Kuraganti has been named Vice President of Sales.  He brings to UMT360 extensive sales experience with organizations including Siebel, Oracle, Niku, SalesForce and ServiceMax.  Jeff Parmenter has joined our sales team as a Bellevue-based rep.  Jeff has previously sold enterprise software working …

Key Digital Models for CIO Management of Applications Investments

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 …

The CIO as Chief Investment Officer

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 …