An organization's ability to efficiently align resources and business activities with strategic objectives can mean the difference between succeeding and failing. To gain that needed edge to become leaders in their industries, organizations are increasingly managing their activities and processes as projects to monitor performance more closely and make better business decisions about their overall work portfolio. By planning and tracking projects with simplicity and precision, organizations can respond with greater agility to the demands of a dynamic business environment.
Today every organization is seeking that extra “edge” to better satisfy its customers and stakeholders. The ability to better manage projects is a way to achieve that edge. More people have recognized that their ability to fulfill expectations by delivering quality results on time and within budget is enhanced by their ability to manage projects. Do the Work Right!
SMART EPM is built on LMR Solutions’ knowledge of EPM 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 Project Management provides preconfigured Microsoft Office Project Server solutions designed to provide processes and built-in analytics for strategic management. SMART EPM for Project Management delivers state of the art capabilities that support the project management discipline. Out of the box best practices reduce cycle time, delay and cost overruns, reduce risk and increase quality through better coordination, communication and collaboration of all stakeholders throughout the entire project lifecycle. A consistent, comprehensive approach ensures increased visibility at all project stages and more consistent execution of standard project management processes. Forecasts and estimates are continually improved via shared visibility into past project data, templates and best practices.
SMART EPM for Project Management provides financial, resource management and schedule management functionalities in one easy to use and familiar platform, Microsoft Project Server. SMART EPM helps organizations achieve economical, efficient, effective and profitable projects.
Managers must depend on good project management practices to see a project through to a successful deliverable. Project schedule development is one of the primary processes associated with the overall project planning process. It is inevitable that projects will develop discrepancies between the planned and actual performance. It is almost certain that the project will not go according to the plan. In order to prevent total chaos from occurring, a process for continual control and monitoring must be implemented from the outset of the project. This system will not only measure current performance status but it can also be used to forecast potential problems. How variances are regulated can mean the difference between the success and failure of the project. The flexible scheduling functionality OF SMART EPM enables managers to allocate resources by name, skill or group and then track the effort against any work item.
People are the most valuable and costly resource of most organizations. In order to maximize productivity, utilization and realization, it is critical to assign the right people to the right project teams.
Managing people across an organization can be complicated. Resource information is most often not centralized and usually controlled in various departments by various resource managers, making it difficult to project short- and long-term resource needs accurately. Without a complete understanding of the skills and availability of its people, organizations cannot strategically hire, deploy, and develop resources that match the needs of their project portfolio.
SMART EPM for Project Management provides organizations with powerful resource management capabilities that will help organizations achieve the greatest return on investment in their resources.
SMART EPM for Project Management enables organizations to:
SMART EPM for Project Management process-driven approach provides an efficient means to manage resource requisition and allocation. It provides resource managers with the tools to do a quick staffing, skills or availability search to find people to meet the project needs. Automatic real-time updates ensure resource allocation decisions are timely and effective. Consistent, enforceable staffing processes streamline allocation for increased efficiency to find the right people for the right project right away.
Successful projects are economical by staying within budget cost constraints, efficient by staying within schedule constraints and effective by staying within quality constraints. In many instances, organizations are further challenged by the requirement for profitable projects.
Service organizations are challenged to meet the needs of their clients while realizing margin. When executing projects, companies must be able to make decisions based on current performance and projected requirements to accurately rudder or “rerudder” their projects before projects get into trouble. Project Managers must use accurate and timely cost data to make proactive decisions. Organizations that execute projects will gain the information and tools required to make effective and proactive decisions. SMART EPM for Project Management combines financial accounting, schedule management and resource management functionalities to provide the spectrum of needed data and reports.
Smart EPM Financial Management delivers continuous cost and benefit management over the entire lifecycle of investments from project proposal to benefits realization. Out-of-the-box, real-time calculations provide up-to-date visibility into budgets, costs, program and projects without costly integrations with multiple data sources. SMART EPM Financial Management provides improved accuracy of financial forecasts with continuous updates to project schedule and budget progress and project health.
Rapid response is a common expectation of customers, suppliers and partners and the deployment of SMART EPM process Management will help to meet those expectations. 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 within the project ecosystem. SMART EPM for Project Management provides an easy to use visual interface for binding these processes together and creating intelligent workflow models. SMART EPM for Project 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 project efficiency.
SMART EPM for Project Management streamlines an organization’s project management processes for greater success.
Reports are the final process in generating project information for communicating project status to the project team, upper management and the client. Access to effective, timely and accurate project reports is a critical factor to timely decision making. SMART EPM for Project Management offers the ability to view real time project information from a web portal. SMART EPM for Project Management offers the ability to report metrics for a number of accepted measuring methodologies such as Earned Value Management, Six Sigma, Balanced Scorecard…. SMART EPM for Project Management.
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EPM for Project Management
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