Changepoint Set to Help PMO Symposium Attendees Align Projects with Business Strategy

It’s been a busy few weeks for the Changepoint team as we’ve attended industry events across the globe from Las Vegas to Australia! Our next stop is Phoenix, Arizona to attend the PMO (Project Management Office) Symposium from November 8-11. While we’re there our General Manager of Enterprise Portfolio Management (EPM), Paul Cramer, will host a special session on advancing the role and value of the PMO.

With more than 20-years of experience, Paul will share his veteran take on the evolving PMO role, while focusing on the widening sphere of influence project managers have. He’ll explain how this influence requires project managers to take on more responsibilities in order to support successful initiatives, including having to provide up-to-the-minute visibility into the full scope of each project’s impact and value, and the ability to compare new opportunities against organizational resources and capacity.

If you’ll be at the event, don’t miss Paul’s next-generation PPM insights, and learn new methods you can use to enhance project intake, alignment, and organizational capacity to benefit teams and stakeholders while furthering your organization’s goals:

Who: Paul Cramer, Changepoint General Manager of Enterprise Portfolio Management (EPM)
What: PPM 3.0
When: Tuesday, November 10th from 8 to 8:30 a.m. MST
Where: PMO Symposium – Phoenix, AZ in Grand Canyon 10 at the JW Marriott Desert Ridge

Throughout the symposium Paul Cramer and the Changepoint team will be available at booth #2 on the symposium’s exhibit floor. Stop by, meet the team, and have any of your questions about the session answered! You’ll also be able to demo the latest Daptiv PPM from Changepoint product updates, as well as the company’s Business Execution Management (BEM) platform, which is designed to help customers align strategy and execution for better business agility and increased performance.

You can find more details on Paul Cramer’s presentation here. Also, check out our live updates and prize information throughout the symposium on Twitter, LinkedIn, and Facebook

Changepoint Announces New Business Execution Management Platform

Today is an exciting day for the Changepoint team as we officially launch our new Business Execution Management™ (BEM) Platform, which allows customers to connect strategy with execution, become more agile, and improve organizational performance. We designed this platform with the understanding that technologies, industries, and organizations are ever-changing while most business processes are unable to keep up with new challenges and needs. In fact, the 2014 Society for Information Management IT Key Issues and Trends Study reported that business alignment and agility are among the top five IT management concerns. Therefore, BEM was created to be flexible enough for executives to keep strategy and execution continuously aligned throughout organizational changes.

The technology behind this platform connects the robust solutions you’re already familiar with to provide new levels of visibility and strategic insight, including project portfolio management (PPM), enterprise portfolio management (EPM), and professional services automation (PSA). Rather than viewing and managing projects and initiatives independently within silos and spreadsheets, customers using the BEM Platform are able view real-time status updates for their technology, business, project, human capital, and other portfolios in one comprehensive view.

One of the many key benefits BEM provides is support for strategic planning and analysis. BEM does this by providing users with the strategic oversight and insight necessary to realize the downstream impacts of decisions, updates, and changes going on in separate departments. To do this BEM uses key EPM functionalities to develop a map of the enterprise, while connecting IT and business for real-time analysis of project, resource, and asset performance, as well as the interrelationships that exist across portfolios.

To learn more about the other three major benefits of this platform, and to hear what one of our customers has to say about it, check out the official press release. You can also Follow/Connect with us for live updates as we unveil the BEM Platform at Gartner’s 2015 Symposium/ITxpo in Orlando, FL this week.

Precor Whips IT Project Management into Shape and Increases Productivity with Daptiv PPM by Changepoint

The Business Problem Precor Solved with Daptiv PPM
Precor is a leading home and commercial fitness equipment manufacturer and subsidiary of the world’s largest sports equipment company, Amer Sports Corporation. The company designs and builds its products paying special attention to natural motion, science, and engineering. With this approach, Precor aims to continue revolutionizing the home and commercial fitness industry with innovative product categories, such as, EFX® Elliptical, Adaptive Motion Trainer® “AMT®” and Preva® Networked Fitness.

Since Precor is a subsidiary of a larger sports equipment company, Amer Sports, it’s crucial that its Systems Applications and Products (SAP) team is able to map projects back to the larger business goals of its parent company. In addition, and simultaneously, the team must also field and prioritize project requests at a local level. While this close alignment enables Precor to produce leading-edge equipment, it also creates a unique set of challenges. Before Daptiv Project Portfolio Management (PPM) by Changepoint, Precor’s SAP team relied on a multitude of disjointed tools to manage requests and projects, such as Excel, PowerPoint, and a Request for Change database. This method of tracking proved to be inefficient and was unable to provide accurate real-time data. In order to overcome these informational gaps and enable strategic decision-making regarding project prioritization and initiation, Precor’s business leaders set out to implement a PPM solution.

Precor selected Daptiv PPM for the following reasons:

  • Flexible tracking and reporting of project data on a project-by-project and resource-by-resource basis
  • The solution’s ability to replace all disparate tools, increasing visibility and enabling strategic project prioritization, initiations, and timing
  • Intuitive user experience allowed team members to succeed in project management roles without taking attention away from core responsibilities

Daptiv PPM Shapes-Up Precor’s Strategic Project Prioritization
Since deploying Daptiv PPM, Precor’s SAP team has dramatically improved its once complicated process of organizing and completing project requests. Because the solution provides real-time views across project portfolios, the team is able to identify top-priority projects and make strategic decisions regarding timing, while mapping back to business goals. Daptiv PPM’s highly configurable reporting features have also enabled the entire team to view and discuss each facet of a project which has fostered a more collaborative approach to ensuring project health.

Additionally, because the team has been able to save valuable data on each project completed within Daptiv PPM, they can make more efficient and accurate decisions on future projects regarding time, cost, and resources. “Continually reinventing the same process makes it nearly impossible to achieve any kind of economy of scale or efficiency. Daptiv PPM stores the invaluable data we’ve collected during past projects and takes things a step further by providing a template approach to new initiatives which allows for constant improvement with every new project,” said Clinton Pawlick, Precor’s Senior Application Delivery Manager.

For more detailed information on Precor’s usage of Daptiv PPM you can view the full case study or official press release. For live updates: Follow / Like / Connect

 

Daptiv Is Now Changepoint!

ChangepointToday I am very excited to announce that Daptiv will be joining Changepoint to bring unmatched project portfolio management (PPM) and professional services automation (PSA) solutions to the market. Changepoint has acquired Daptiv as a very strategic step in building a strong future for the new combined
company that will truly benefit the customers, employees, and partners of both organizations.

For those unfamiliar with Changepoint, it is a Toronto-based based company that provides on-premise and hosted PSA and PPM solutions to businesses around the world. Like Daptiv, Changepoint is a Gartner Magic Quadrant Leader, but the solutions serve different markets within the space and together create a highly robust, complementary and non-competitive portfolio of world-class PSA and PPM solutions.

Now that the acquisition has been announced, I want to assure you that none of the Daptiv products and services you’ve come to know will skip a beat. It will be business as usual and all services will be supported throughout and beyond this acquisition. This acquisition creates a broader portfolio of world-class solutions, making Changepoint the only company to have recognized market leading solutions in both PSA and PPM with complete customer delivery flexibility, including on-premise, hosted, and pure SaaS. 

This is great news for Daptiv customers…

  • Changepoint’s acquisition of Daptiv is focused on investing in and growing the business to continue to provide customer value.  This new organization will be stronger and better positioned to innovate and lead in the industry.
  • Our customers are critically important to us. We greatly value your business and will work hard to make sure the transition is seamless and the acquisition creates added customer value.
  • We will continue to fully support, maintain and invest in both the Changepoint and Daptiv solutions.  We know many of you are currently deploying and/or expanding Daptiv and we will work hard to ensure your businesses see positive near and long-term benefits from this acquisition.
  • Finally, we will keep the lines of communication open and make every effort to answer all of your questions. We will make sure your account managers and our executives are available for you to answer any questions you might have.

We look forward to working with our now vastly expanded customer community to find new ways to encourage communication and sharing of ideas, best practices and product direction. The quality and breadth of services you’ll have access to will only expand with this acquisition.

You can follow us through this acquisition on Twitter to learn more about additional benefits in the coming days (@Daptiv, and @_Changepoint). For more information please view the official press release here and a letter from Jim Byrnes, president and CEO of Changepoint here.

Daptiv’s David Blumhorst Turns Definition of Project Success on Its Head

Project success has nothing to do with time, budget or scope according to David Blumhorst the Vice President of Solutions and Services for Daptiv. David recently sat down with Cornelius Fichtner on the PM Podcast to explain how these three constraints, traditionally thought of as solid measures for success, are actually better suited to gauge performance. Projects are investments and their primary purpose is to drive change; therefore, even if time, budget and scope are met but the desired change does not occur how can the project be considered effective? Instead, David recommends PPM professionals define the business objective they’re trying to achieve with the project and then assess its success in accomplishing this goal. 

David suggests PPM professionals determining their business objective ask themselves: What is the primary reason for investing in this project? Does it align with the purpose of the business or is it an unnecessary expense? With this business target in place, instead of measuring tasks which allocate valuable technical skills to monitoring, PPM professionals can optimize those same resources and lead their team to a project bulls-eye.

Once PPM Professionals have redefined project success, David recommends avoiding these top four common pitfalls:

  • A lack of business goals – Without a goal scope creep can become endless, pulling a project away from its target and towards a pricy budget and lengthy timeline.
  • Starting a project not aligned with business objectives – Determining upfront if a project is a good investment or a waste of limited resources is crucial.
  • Failing to plan ahead for ROI – Measuring a project’s return on investment requires forethought. Once a project is finished, it is difficult to determine this measurement if there was never an initial baseline established for comparison.
  • Excessive spending – Breaking the bank can be a product of the scope creep which can occur when the project is not aligned with a specific business objective.

David also encourages project managers to think outside the box to avoid locking themselves into rigid structures that don’t serve the project. To stay on track, here are his top four tips:

  • Have an elevator speech – Every project should be accompanied by a 30-second elevator speech that describes its purpose and reasoning in just a few sentences. This makes it simple to regularly revisit the business objective to quickly determine if the project truly aligns with the overall goals of the organization.
  • Consider other measurements in addition to ROI– Factors such as employee and customer satisfaction should be taken into consideration, as ROI is often not the only indicator of success.
  • View projects like you do investments – Look at multiple projects as investments in a portfolio, create rating systems, and determine the return on the portfolio as a whole.
  • Complete a success survey after each project – Survey stakeholders and shareholders to determine if the desired outcomes from the project were achieved from their diverse perspectives.

For more information on defining project success, you can listen to the entire PM Podcast online. Daptiv would like hear how you determine if your project has been a success. What types of metrics have you used to determine ROI? Feel free to post your thoughts in the comments section below, or reach out to us on Twitter at @Daptiv.