The Complete 2023 PPM Software Buyers Guide for PMO’s
You may think that the best PPM software is the one that fulfills all 150 of your requirements. It’s not true; we have seen companies create a long list of requirements and select the solution that best fit those requirements only to go on to waste hundreds of thousands of dollars and scrapping it later because users did not like the solution. Usability and adoption are king.
In this guide we will give you some straight talk to help you consider the important factors when selecting portfolio management software including:
- Organizational maturity
- Usability (versus complexity)
- Cost to implement (value gap)
- Capabilities (to avoid unnecessary complexity)
- Organizational change
- Portfolio management expertise
Project Management Software versus Project Portfolio Management Software
In terms of software, project management software is really focused on managing individual projects and can help communicate information about a specific project. Project management software is commonly used by Project Managers and the project team members. Portfolio management software though is focused on the entire portfolio of projects to give senior leaders holistic visibility of those projects. Portfolio management software helps senior leaders to make better strategic decisions.
Now that we have established the difference between project and portfolio management, let’s start looking at the differences between project management software and portfolio management software. Keep in mind that there are in fact some overlaps between project and portfolio management software.
How to Effectively Prioritize Projects
Portfolio management is about maximizing organizational value delivery through programs and projects. In order to maximize value delivery, the governance teams that approve work and prioritize projects need to share a common view of “value” in order to select the most valuable work and assign the right resources to that work.
Understanding the relative “value” of each program and project in the portfolio is at the heart of portfolio management and determines what work is selected, how it is prioritized, where resources are allocated, etc. In order to select a winning portfolio, every governance team needs to share a common understanding of value; without it, you’ll fail to realize the full potential of your portfolio.
Best Practices for Resource Capacity Planning
Resource capacity planning is one of the most commonly cited functions of project portfolio management. Senior leadership rightly wants to understand whether they have adequate resources to take on more project work and whether their existing work will get done on time. Most companies recognize the scarcity of resources to do project work and thereby look for portfolio capacity views to answer these two important questions:
- When can we take on new projects?
- Can we get our existing work done?
5 Step Framework On: A Winning Candidate Pipeline
The longer your hiring process is, the higher the cost of hiring. 40% of industry professionals said it takes them more than four weeks to hire new talent. With a carefully curated and well-maintained pipeline, you can ensure you always have access to a network of top-quality talent, making it easier to recruit when the need arises and reducing your cost and time to hire.
To help you optimize your pipelining efforts and make the best use of your time, here is a five-step framework for building and nurturing high-caliber talent and providing a great candidate experience to all.
This framework covers:
- Identification of candidate profiles and pipeline goals
- Strategies for building a stand-out employer brand
- Proactive sourcing techniques
- Steps to engage your pipeline
- Top HR Tech tools to help you measure progess
Build a candidate pipeline that’s fit for purpose.
Reimagine Your Employer Brand: The Current State of Employer Branding
A successful employer brand will bring the right talent to your organization. With the candidate-driven market that has emerged in the era of the Great Resignation, employer branding has become even more relevant.
Employer branding can help you attract, engage, and retain the right talent. However, 60% of companies lack an active employer branding strategy. Dedicating time and energy to your employer brand pays off - it makes your company an even better place to work! It's time for an employer brand refresh.
To help you on your way to success, this guide is packed with:
- Practical advice on how to build a strong employer brand
- Key industry statistics
- Actionable insights to elevate your careers site
Make sure you’re the brand employees love and applicants can’t wait to be part of.
DevOps Culture and Practice with OpenShift – Establishing the Foundation
Establishing the foundation provides practices we use to establish an open culture enabling high performing teams to realize DevOps and the technical foundation practices they use to bootstrap to achieve DevOps.
DevOps Culture and Practice with OpenShift – Prioritize It
Prioritize It shows how we decide what to work on by taking an experimental approach and how we organize our work according to business value and risk.
DevOps Culture and Practice with OpenShift – Discover It
Discover It explains practices we use to discover why, for who and how we build great application products to run on OpenShift and deliver early and continuous business value.
DevOps Culture and Practice with OpenShift – Practice makes Perfect
Practice makes perfect introduces DevOps culture and practices. It’ll also give an overview of the navigator we will use to work our way round how we use continuous discovery and continuous delivery to achieve DevOps culture.
DevOps Culture and Practice with OpenShift – Prioritize It
Prioritize It shows how we decide what to work on by taking an experimental approach and how we organize our work according to business value and risk.
DevOps Culture and Practice with OpenShift – Discover It
Discover It explains practices we use to discover why, for who and how we build great application products to run on OpenShift and deliver early and continuous business value.
DevOps Culture and Practice with OpenShift – Establishing the Foundation
Establishing the foundation provides practices we use to establish an open culture enabling high performing teams to realize DevOps and the technical foundation practices they use to bootstrap to achieve DevOps.
DevOps Culture and Practice with OpenShift – Practice makes Perfect
Practice makes perfect introduces DevOps culture and practices. It’ll also give an overview of the navigator we will use to work our way round how we use continuous discovery and continuous delivery to achieve DevOps culture.
Securing Containers in the Cloud
A blueprint for container and orchestration best practices.
Few would argue against the benefits containers and containerized applications running on cloud resources have brought to businesses. Containers enable agile deployment capabilities, so require less coordination and oversight than on-premise or virtualization infrastructure, and in many cases, offer more flexibility. These new architectures and dynamic infrastructures that support and automate application deployment and management have introduced security challenges as well.
Download this white paper to learn:
- About container orchestration, microservices, and service meshing
- How to identify vulnerabilities and misconfigurations in containerized environments
- Solutions to security issues that containers can create