UMT360 Blog
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We’re excited to be participating in the Gartner PPM & IT Governance Summit once again this year. The Summit will will be in Orlando from June 6-8. If you plan on attending, please do stop by the UMT360 booth and say hello. The theme of this year’s event is Results-Driven PPM: Leading Change and Delivering Value …
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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 …
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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 the …
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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 …
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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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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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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 …
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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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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. …
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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 …
