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PPM At Forbes
Forbes CIO upgrades IT department with Innotas project portfolio management.
Forbes CIO, Mykolas Rambus, has high expectations. "We expect our IT department to provide a great deal of value to the organization." But in order to make sure IT was providing clear value, Rambus needed a complete picture of the IT project portfolio. To get that picture, Rambus implemented a project portfolio management (PPM) solution from Innotas. [To hear Rambus speak about his experience: http://innotas.com/_vid/forbes_clips.html.]
"First I was looking for transparency into all of our projects. I knew this information would provide a lot of value, and would shed light on the trajectory of projects. With a PPM solution in place, any team member can see the status of any given initiative on a daily basis across the portfolio, and how those efforts are being distributed. You can quantify which projects are providing the most benefit to the organization, and devote dollars to areas which the organization values most." Bottom Line: "We saved tens of thousands of dollars by implementing a SaaS (Software-as-a-Service) PPM solution versus an installed solution. Averting a project disaster can easily save north of $100K. We've gained a few hundred thousand dollars in value added and money saved. If I could get that kind of ROI on most tools I'd be a happy guy."
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