1. Using PeopleSoft Program Management and
Project Costing to Jumpstart your Project
Portfolio Management Initiatives
AMC “Executive Presentation” Series
2. Project Portfolio Management (PPM)?
What is a “Portfolio” approach?
A Portfolio Approach attempts to determine which portfolio
of investments are likely to produce a desired level of
change at the lowest cost or best ROI at the lowest risk of
failure.
What is Program Management
The overall management of a series of related, ongoing
projects within an organization.
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3. What is Project Portfolio Management (PPM)?
What do PPM systems do?
2. automate the centralized collection of data about demand,
costs, schedules, and resources for investment prioritization
3. enable effective execution of the programs and projects
responsible for delivering new technologies and other IT
assets
4. control and measure investment in ongoing operations
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4. PeopleSoft
Benefits of using PeopleSoft Program Management and
Project Costing to Jumpstart your PPM Initiative
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5. Benefits of Project Costing
Provides visibility, management tools , and accounting aspects that are
related to your project activities.
•Capture and arrange various types of project cost information, such as labor
and material costs. -mm
•Provides visibility for project related data via dashboards, reports, and
Queries.
•Provides data feeds for other systems
•Can re-price and allocate costs for projects
•Provide capital cost information for Asset Management depreciation
Used For Typical Users Groups
Capital Construction, Project Accountants Facilities-Construction
Maintenance, and Project Mangers IT
Enhancement Projects Project Grants
Professional Services Projects Administrators PMO Groups
IT Projects Senior Management Finance
Plant Outage Cost tracking, Sales group
Emergency Projects
Indirect Recharge Projects
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6. Benefits of Program Management
Centralize, Prioritize, Track and Mange your portfolio Investment Activities to
get the best return on investment for your money spent on your projects and
programs
•Business Case Evaluation and Funding Approvals
•Configurable Program Level Dashboards, with key metrics and ability to drill
down
•Integration with Primavera and MS Project
•Program Level Budgeting
•Integration with other PeopleSoft Modules
•Earned Value Management
•Program and Project Management Tools and Reports
•Reports for external stakeholders
Used For Typical Users Departments
Managing Long Term Capital Project Mangers Senior Management
spend programs Project Administrators Construction-Facilities
Senior Management Finance
IT – Application Portfolio
IT
Management
Energy Portfolios Research Programs
Location Management 6
7. Summary of Benefits-Costs-Risks of PPM
Organizations implementing PPM can expect several benefits
from the visibility and functionality that PPM tools offer.
The scale, timing, and duration of these benefits can be
estimated by considering one or more key metrics and the
value to the organization of improving those metrics over
time.
Benefits include:
• Reduced Project Failures
• Lower project throughput times.
• Reduced number of low-value projects.
• Higher value management time (status reporting and
facilitation).
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8. Implementation Approach
1. Start with PeopleSoft Program Management and
Project Costing
2. Pilot the Portfolio Management approach without
huge investments
3. Integrated into the PeopleSoft solution
4. Rollout other applications when ready
5. Do along with your PeopleSoft upgrade – clean data
now while you have the focus/budget
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9. AMC Executive Overviews
AMC “Executive Presentation” Series – Presentations and
Webinars
• Using PeopleSoft Program Management and Project
Costing to Jumpstart your Project Portfolio
Management (PPM)initiative
• The Benefits, Challenges, and Best Approach to
Portfolio Management
• PeopleSoft Application Asset Lifecycle Management
• Sustainability, Triple Bottom Line, Renewables, and
PeopleSoft
• The Science of Asset Management - Capacity Building
and Competency Centers
• Maximize your ROI with your PeopleSoft Upgrade
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10. Contact AMC
Mike Castronovo, President AMC Infomediaries
mcastronovo@amcinfomediaries.com
404.402.0869
www.amcinfomediaries.com
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