Enterprise project portfolio management (Enterprise PPM) can be a key value driver for all kinds of organizations, regardless of size, industry, and geography. PPM processes and tools help companies optimize project delivery and performance, make better use of resources, and ensure that projects and portfolios align with the overarching organizational strategies.
However, the structure and clarity brought by Enterprise PPM are particularly beneficial to specific organizations and industries.
Enterprise PPM in Evolving or Transforming Industries
The Enterprise PPM discipline is designed to help manage complex initiatives involving many moving parts. It is particularly beneficial for highly competitive industries that need to rapidly adapt to changing market conditions and simultaneously pursue multiple transformational initiatives. This includes customer and employee digital transformation, organizational transformation, innovation and IT projects, etc.
A good example is Banking & Insurance, where solid Enterprise PPM processes and tools will increase PMOs’ ability to track investments, show the true ROI of implementing specific projects, and improve the planning of projects and resources.
Just ask our client Crédit Agricole Charente-Périgord. They successfully leveraged Sciforma Deliver to manage a large-scale transformation plan:
“First of all, we needed a tool enabling us to list all the requests and projects of the National Transformation and Innovation Program. It was urgent for us to assess our capacity to address all outstanding requests and to be able to plan them using a single, shared framework for description and classification. In our highly regulated line of business, a large number of departments are making contributions at different stages of projects. It is key to align their schedules and capacity requirements with the multiple inbound requests. The single repository should then help to make the requests easier to read, with standard criteria for fact-based prioritization.”
– Frédéric Baillard, Innovation Monitoring and Partnerships Manager, CACP
Enterprise PPM in Product-Oriented Industries
In an uncertain economic environment, with strain on global supply chains, rapidly evolving consumer expectations and regulatory framework, firms that are involved in the production of material goods are pressed for efficiency.
Enterprise PPM is ideal for businesses looking to boost time-to-market while reducing costs and enhancing product quality. An EPPM solution will bridge the gaps across the various teams and business units that contribute to product development, resulting in optimized resource utilization, accelerated product innovation and delivery, and fast, insightful decision-making about product portfolios. Enterprise PPM also enables companies to monitor and manage project risks, reducing the likelihood of delays and cost overruns.
A case in point is manufacturing. Take Aubert & Duval. The company supplies critical parts to clients in high-tech industries such as aerospace or defense, where on-time delivery is crucial to success. To make sure they will meet their commitments to their clients, they wanted to get better control over their operational and product design teams’ capacity and improve operational tracking of product development projects.
Adopting Sciforma’s Enterprise PPM solution has increased the predictability of capacity requirements and helped standardize product development lifecycles. The PMO now has a consolidated overview of the capacity requirements over 18 months, categorized by team and by role, for ongoing and upcoming projects.
Enterprise PPM in Industries Managing Competing Priorities
Enterprise PPM is a great match for complex organizations that need to plan and execute multiple critical projects. The cross-organization visibility it provides helps decision-makers to connect projects to strategy. This in turn facilitates better prioritization and selection decisions.
Which is precisely what hospitals need. A good example is that of Liège’s Intermunicipal Center for Specialty Care (ISoSL). Because ISoSL’s many facilities and divisions work independently from each other, the IT PMO needed a good overview of activities across the organization to ensure cross-functional communication.
With Sciforma, improved visibility has empowered the hospital to improve prioritization and start managing its portfolios strategically. What’s more, better demand management and better processes have driven a dramatic reduction in project cycle time.
Enterprise PPM in Research-Intensive Industries
Imagine you’re the PMO manager of a firm in the Pharma & Biotechnology space. The ultimate purpose of your job is to push back the frontier of health and launch more life-saving products. This requires getting a better handle on project lifecycles and improved control over capacity to achieve more.
With Enterprise PPM, research-oriented firms can centralize decision data and process to improve quality and consistency. An enterprise view of all projects, products, and programs helps to better select, prioritize and deliver.
This is just how independent laboratory Septodont has sharpened strategic decisions about its portfolio:
“Septodont has a very large product portfolio. Assessing the benefit/effort of maintaining legacy products was an ongoing challenge. Sciforma consolidates the effort associated with each of the products, enabling us to better estimate the cost of continuing with them. This supports strategic thinking and decisions on whether or not it is worthwhile to keep such and such a product in the portfolio.”
– Olivier Chabrier, Head of Programs – Pharmaceutical Affairs Department
Is EPPM Right for Your Industry?
We’ve illustrated this overview of the top industries benefitting from Enterprise PPM, using quotes from our clients’ experience with Sciforma. But these four aren’t all! Browse our case studies library to discover more use cases and insights.
