Frank La Rocca

UMT360 Blog

Looking to do more in 2016?

The end of the year is a time to connect with loved ones, celebrate the holidays, and make resolutions for the New Year. For PMO leaders, it’s also the perfect time to take a step back and assess the effectiveness of the processes you use to manage project and program investments, while also assessing their …

An Oasis For PMOs In The Desert

The UMT360 team, along with PMO leaders from around the world, will be in Phoenix from November 8-11, 2015 for the PMO Symposium.   The PMO Symposium is one of our favorite events of the year. It’s where hundreds of business leaders gather for a behind-the-scenes look into the proven strategies and practices that drive success for some of …

Powering The Strategic PMO

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 …

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 …

How do you create a strong Enterprise PMO?

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 …

Changing the PMO Status Quo with Frank La Rocca – May 13th

Today, many businesses are questioning the effectiveness of their traditional Project Portfolio Management (PPM).  What does the PMO need to do to position themselves as leaders with the ability to optimize the spend and maximize ROI across the portfolio? Join Con Edison’s Director of Financial Governance Frank La Rocca for a look at how he …

UMT360 Gives Utility Financial Intelligence

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 …

How PFI helps align IT spending with corporate strategy.

When Frank La Rocca was named VP at a major northeastern utility company, the CFO and COO told him they wanted to ensure that IT spending was aligned with corporate strategy.  It’s a goal that has stayed in the back of his mind ever since – the need to understand or measure the alignment factor.  …

PPM & Benefits Realization

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 framework to effectively track the actual value delivered across the investment portfolio.  To ensure you’re realizing planned benefits, La Rocca said organizations should have …

How often should you evaluate projects?

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 …

PPM 2.0: How a ‘Sweep Process’ Helps Maximize ROI

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, …

Helping You Boost Your Project Portfolio ROI

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 …

Are you ready for PPM 2.0?

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 …