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Project Selection, Activation, and Measurement. With Oracle Primavera Portfolio Management
Prepared by: Troy Wyatt Chief Delivery Officer Volantic, Inc.
Oracle Primavera Portfolio Management Ideation to Value
Session ID#: 15414
It all Starts with the right Alignment
From Ideation to Value
Volan&c specialize in the technology and delivery of the Oracle Business Applica&ons and solu&ons. Founded in 2006 Volan&c works with clients, partners and Oracle to deliver world-‐class solu&ons. Volan&c was created to provide corporate customers with the highest quality Technology Management Solu&ons. Our focus is on designing and managing the corporate informa&on infrastructure, providing measurable repor&ng, improved processes and crea&ng repeatable procedure controls.
Volan&c, Inc.
Introduc&ons:
The Invisible PMO
Having spent the major por&on of his career working for large technology companies such as Western Digital, ICL, Thomas Brothers Maps, Ricoh Electronics and Lantronix, Troy also has 15 years of consul&ng experience in the Healthcare, U&li&es, Manufacturing, Banking and Entertainment industries, with a focus on Analy&cs, Project Management and Process re-‐engineering. Troy has launched two start-‐up companies in the Management Consul&ng services and online Collabora&on industries and later founded Volan&c a successful bou&que consul&ng prac&ce focused on providing strategic consul&ng, opera&onal, management and implementa&on services necessary for high growth companies to accelerate Oracle applica&on implementa&on strategies.
Troy WyaX is responsible for leveraging advanced technology, architecture design, and driving the future of Volan&c’s products and services. Troy has over 25 years experience in the Informa&on Technology Industry. His experience includes project management, process design and implementa&on, methodology, network infrastructure, senior management, budge&ng and business analysis.
Oracle OPPM in the Enterprise The Process of Idea&on The Process of Selec&on The Process of Measurement Measuring your PorZolio for Value The Road Map to Success Lessons Learned… How Is it used in the real world? Conclusion Q&A Session
Session Agenda:
PROJECT DEMAND
IDEATION
Should, Could, Need, Have to!
PROJECT DEMAND
IDEATION
The Integrated PMO
If Everything was connected….
PROJECT DEMAND
IDEATION
Project Criteria
How Are Projects Selected and Completed Today?
PROJECT DEMAND
IDEATION
What’s the Big Idea?
The Process of Idea&on
PROJECT DEMAND
IDEATION
Not all Ideas are Projects!
Idea Request
Idea Charter
Idea Submission
The Workflow behind Project Ideation
Idea • Project Sponsor Completes the Idea Submission
Submission Review
• Idea Type is determined by the PMO
A: Strategic B: Tac&cal C: Rou&ne
• Idea Classifica&on Approval
PROJECT DEMAND
IDEATION
■ Ideas percolate. Through value selection, the best ones survive.
The Process of Selec&on
PROJECT DEMAND
IDEATION
Our Actions are Resolute
• Priori&es will align, enable and help define organiza&on’s overall strategy. This alignment
will be achieved through a formal, process that will priori&ze the project porZolio and investment strategy
• All teams will support our shared success by helping one another, promo&ng collabora&on, compliance, and sharing of knowledge and data; All assets, including staff and data, are organiza&onal assets and should be shared, deployed and enhanced
• Project Teams will follow best prac&ces and standards to manage informa&on systems and technology
• Projects will leverage commercially viable solu&ons when available for efficiency and economy; Our rule of thumb for system acquisi&on is: “Reuse before we buy, buy before we build”. We will engage industry / academic alliances to access innova&ons and available infrastructure
• The PMO’s approach and technology solu&ons will aim at managing and mi&ga&ng risks and achieving predictable outcomes
• We will manage data as a shared asset and adopt data standard guidelines as a means to enhance our produc&on of intellectual property and to take advantage of the collabora&on and convergence between its business units and partner ins&tu&ons
• Selected project ini&a&ves will have defined and measureable objec&ves, which will include: level of contribu&on to the business goals, opera&onal effec&veness, and strategic alignment
The Process of Selec&on
PROJECT DEMAND
IDEATION
What are we going to do?
Project Ac&va&on
Rou&ne
Strategic Tac&cal
PROJECT DEMAND
IDEATION
“Every line is the perfect length if you don't measure it.”
PROJECT DEMAND
IDEATION
What’s the Big Idea?
Project Management Measurement
Time Cost
Quality
Process Alignment
Stakeholder Sa&sfac&on
Return of Value
Project Measurement
Objec&ves Met
Scope Delivered
Stakeholder Sa&sfac&on
Repeatable Value
PROJECT DEMAND
IDEATION
Plan, Produce, Repeat.
PROJECT DEMAND
IDEATION
Were on a road to everywhere!
The Road Ahead
PROJECT DEMAND
IDEATION
Plan, Produce, Repeat.
The Road Map to Success
§ Communica&on and Leadership § Fit Gap § Process Architecture § ERP Alignment § Governance § Repor&ng § Maturity
PROJECT DEMAND
IDEATION
Plan, Produce, Repeat.
Governance
Inclusivity
Predictability
Op&miza&on
Lessons Learned
PROJECT DEMAND
IDEATION
Your most valuable asset
Volantic Consulting Services
Strategic Consulting • Assessments • Requirements • Roadmap
Training • On site • Virtual • On Demand
Implementation • Processes
Optimization • Change
Management • Installation Technical • Integra&on • Cloud
Management • Custom Apps
We see the world in three colors, Black White and Oracle®
Questions?
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