Successful organizations in the market today understand that they must be on top of the business condition of all elements of their entire enterprise which includes their strategic initiatives as well as their operations, support and overhead functions. In most organizations the operational activities make up about 80% of their cost and resource loading. The ability to track and manage both elements of the business is critical to maintaining the competitive edge and improving the bottom line. Successful organizations realize that understanding their complete business condition gives them the edge they need to grow and expand their business. Organizations often use sophisticated toolsets to plan, manage and track their strategic initiative because their customers demand accountability. It is important that organizations demand the same accountability from their internal operations.
In order to understand the true condition of operations, organizations must raise the visibility of the effectiveness of financial, and resource management throughout their enterprise. Strong operations management enables your organization to establish a firm foundation to realize the potential business through strong and manageable growth.
SMART EPM for Operational Management is designed to handle all facets of non-project work from operations, maintenance, admin to help desk ticket items. Built on LMR Solutions’ knowledge of Operational Management best practices, tool experience, and proven methodology and process knowledge from hundreds of EPM deployments, SMART EPM utilizes a process-driven approach unlocking the power of Microsoft Office Systems. SMART EPM for Operational Management provides preconfigured Microsoft Office solutions designed to provide processes and built-in configuration to manage both Strategic (projects) and Non-Strategic (Keep the Lights) activities. With a single source for all work needs, SMART EPM for Operational Management automates the entire work lifecycle giving you a competitive edge—empowering you to do more with less.
SMART EPM for Operational Management delivers state of the art capabilities of financial, process and resource management for your operations, overhead and support activities. Best practices reduce cycle time, delay and cost overruns, reduce risk and increase quality through better coordination, communication and collaboration of managers, support and direct personnel. SMART EPM for Operational Management will help your organization identify the true work and activities that are performed to reach your desired result. Additionally, SMART EPM for Operational Management will support your work processes and help ensure that they are instilled in the organizations culture. A consistent, comprehensive approach ensures increased visibility to all overhead and support activities of your organization which equates to lower cost and more consistent execution of standard support and overhead processes. Forecasts and estimates are continually improved via shared visibility into past financial, resource and schedule data, templates and best practices.
SMART EPM for Operational Management provides the information and data views that enable managers to track and assess work effort to value. Identifying and managing the true activities performed in your organization will give you the true cost of doing business. With this information managers can make the critical decisions required to maintain a streamlined and efficient organization. SMART EPM for Operational Management furnishes the data that give managers an understanding of what is driving cost in their support and overhead activities.
SMART EPM for Operational Management provides improved accuracy of financial forecasts with continuous updates to budget and execution progress and business health.
Evaluating new work is made easier with SMART EPM for Operational Management by providing the ability to “slice and dice” work activities across multiple categories including resources, operating budget, capital budget, expected/realized benefit and expected/realized savings.
SMART EPM for Operational Management provides a complete view of the resource structure across the entire organization enabling managers to anticipate demand and quickly allocate the right resources to carry out the work. It also tracks resource demand from day-to-day activities to ensure both high priority activities and essential, “keep the lights on” efforts are supported. Real-time visibility into capacity, assignments, utilization, programs, costs and demand means resource management decisions reflect today’s business realities.
SMART EPM for Operational Management’s process-driven approach provides an efficient means to manage resource requisition and allocation. It provides managers with the tools to do a quick staffing, skills or availability search to find people to meet the requester’s needs. The flexible scheduling functionality enables managers to allocate resources by name, skill or group and then track the effort against any Activity. Automatic real-time updates ensure resource allocation decisions are timely. Consistent, enforceable staffing processes streamline allocation for increased efficiency to find the right people for the right work right away.
Realizing the full potential of skilled resources is critical to retaining valuable people in an organization. With continual employee training and development, as well as employee turnover, skill management requires a tool to understand skill sets by tracking, categorizing, and organizing skills. With SMART EPM for Operational Managements, organizations can quickly identify the optimal skilled resources available for each activity and align them to the work demands of the organization.
Rapid response is a common expectation of customers, suppliers and partners and the deployment of workflow automation is vital to this response. Workflow entails managing moving data in the correct and proper order and invokes processes within the enterprise to tie them together in a manner that supports easy flow of information and logic. SMART EPM for Operational Management provides an easy to use visual interface for binding these processes together and creating intelligent workflow models. SMART EPM for Operational Management enables businesses to intelligently source out the information that is stored within people’s heads and integrate it with existing applications. By defining rules, procedures and interfacing, and automating them, employee time is freed to focus on more strategic tasks and improve organizational efficiency.
SMART EPM for Operational Management streamlines an organization’s processes for greater success.
Effectively managing your non-project or indirect costs has a direct impact on your organization’s bottom-line. Understanding what drives business and project support costs leads to effective decision making and a streamlined organization.
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By combining SMART EPM for Operational Management with SMART EPM for Project Management, executives will now have to “Complete” picture on how the organization is performing.
Leverage LMR Solutions' best practices and expertise
Accelerate time to value with preconfigured Microsoft Office System solutions
Optimize your investment with familiar Microsoft Office tools
