Project Management SIG: 'Creating a Closed-Loop Project Portfolio' May 24, 2007

The task of translating corporate strategy into programs that deliver tangible results can be challenging. In most corporations there is a significant disconnect between the business analysts responsible for corporate strategy, the program management resources responsible for execution, and finance department who oversees spending and cost control. When there is interaction, a lack of established processes for sharing information and decision-making between strategy, execution and finance limits effectiveness.

Still, with hundred of billions of dollars spent by Global 1000 corporations each year on internal programs designed to achieve such corporate goals as cost control, improved process efficiency and increased competitiveness, the scope of this little known problem is huge. A clear opportunity exists for companies to increase their return on this spending, and use Portfolio Management as a significant competitive weapon.

Organizations must close the gap between the business analyst, the program manager, and CIO by creating a closed loop portfolio infrastructure that translates strategy into effective execution and delivers financial results. This presentation will address four key elements of the Portfolio Management approach:

-Working in concert & calculation of ROI
-Assessment of Program Status
-Assessment of Actual & Financial Status
-Assessment of all investments and returns in the context of the overall corporate portfolio of investments

Join Mark Stabler, the Delivery Excellence Lead of AAA of Northern California, Nevada and Utah

Free.

Official Website: http://www.ebig.org/sig/sig.aspx?SIGid=41&EventID=840&old=&eventdesc=full