Cloud Computing – The Business Case for Project Portfolio Management

The Business Case for Project Portfolio Management

The expression “better, faster, cheaper” is commonly associated with supply chain initiatives, where companies have developed an edge by getting products to market faster and more efficiently than their competitors. However, in the new world of cloud computing, more companies are looking at their IT department as a competitive differentiator by enabling them to quickly deploy hosted applications that can level the playing field with larger, established competitors.

The expansion of cloud-based and hosted Software-as-a-Service (SaaS) solutions has enabled companies from the Fortune 500 to Small and Medium Businesses (SMB) to seek out new solutions to automate and optimize critical areas of their business- -such as revenue management, price modeling and inventory management. The good news for CIO’s is this renewed emphasis on applications as business enablers and efficiency drivers has brought IT back to the boardroom table.

Businesses are increasingly realizing that the ability to respond quickly, efficiently and strategically to market dynamics is heavily dependent on innovation driven by IT management.

However, the growing challenge for IT departments is that this heightened profile is also increasing demands to manage and prioritize a growing list of projects. According to the Aberdeen Group research report Project Portfolio Management for IT: How to Achieve the Greatest ROI on Projects from November 2010, the top pressure cited by IT was the “need to use project resources more effectively”, cited by 43% of respondents.

In this environment, both large and small companies are turning to Project Portfolio Management (PPM) and IT Governance solutions to benchmark and streamline strategic initiatives. These solutions are helping overtaxed IT departments manage project requests, resources, budgets and projects and ultimately position IT as a key enabler to the enterprise reach its strategic goals.

In this white paper, we will present industry best practice data as well as real-world examples of how companies are using PPM solutions to help drive innovations with their organizations, while delivering on key performance goals like being on time, on budget, on quota and on target.

Sign In To Read Report

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!
FacebookTwitterLinkedInGoogle+Share

Sorry, comments are closed for this post.

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Popular

Top Viral Impact

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter The city of the future is impeccably documented. Sensors are used to measure air quality, traffic patterns, and crowd movement. Emerging neighborhoods are quickly recognized, public safety threats are found via social networks, and emergencies are dealt with quicklier. Crowdsourcing reduces commuting times, provides people with better transportation

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow  Online Education is a very exciting topic for many as it opens up many new doors and opportunities. We’ve touched on areas such as Massive Open Online Sources (MOOC) which provides tremendous levels of cloud based interconnectivity. We’ve taken a look into higher education,  the increased demand for online courses as well as

Cloud Infographic – The Power Of Cloud Disaster Recovery

Cloud Infographic – The Power Of Cloud Disaster Recovery

Cloud Infographic – The Power Of Cloud Disaster Recovery Preventing a Cloud Disaster is one thing. Recovering from a disaster is a whole other area of concern. Today’s infographic provided by CloudVelox outlines some best practices and safeguards in order to help your business make more informed decisions. About Latest Posts Follow Us!CloudTweaksEstablished in 2009,

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.