No single business unit handles as many projects in a year as the IT department does in half that time. After all, it's the rare business project that can be accomplished without the assistance of IT. That means that IT leadership constantly must deal with the challenges of staffing, managing, and monitoring a veritable legion of new activities, from departmental requests to corporate-wide initiatives.
With so many projects on their plate, CIOs require a flexible and fast way to gain insight into these undertakings. They need the ability to actively manage multiple projects in real-time, both as individual portfolios and as related entities. This will enable them to adjust priorities to corporate requirements, fully understand spending in a particular category, and provide business executives with clear insight into the demands on IT across departments or even geographies.
Too often, though, IT executives are stymied by very rigid hierarchical portfolio capabilities to achieve this level of transparency. Innotas' Project Portfolio Management removes that barrier, offering:
- Unlimited hierarchy levels to support both simple and complex organizations and reporting requirements
- Flexibility to define criteria on portfolios combines important summary information with details from included projects
- Automated roll-ups of budget, estimates, and actuals to all levels.
Flexibility Equals Insight
With the power to create hierarchical project portfolios that make sense for a particular business' requirements, Innotas allows organizations to gain meaningful corporate-wide views of strategic initiatives. Multiple portfolios may be nested together, creating views by location, business unit, department, application, business objective, or even a user defined field. IT organizations can do more useful reporting and what-if analysis of project data than is available with less-flexible offerings that limit control with pre-defined hierarchical views.
At the same time, IT organizations can combine new projects and applications into a consolidated view of all the work for which the group is responsible. That level of visibility has not been achievable in many organizations-and will sure to be an eye-opening experience now that it is.
Remove the blinders.
