The Value Of Enterprise Project Management

Effective Project Management is the key to delivering projects on time and within budget

. With increasing competition and customers demand of consistent quality, it has become essential to have uniform project management approach towards all the projects in an organization. Thus, today most of the organizations are moving towards EPM. EPM is a standardized way to govern all projects in an enterprise.

Continuous developments in the EPM field have brought enterprise resource management also in the umbrella of EPM focus. Organizations today need to manage their resources effectively and optimize their utilization across various the enterprise projects. For this, the organization needs up-to-date information on resource allocation, assignment, availability and utilization. EPM in broad terms is the field of organizational development that supports organizations in managing integrally and adapting themselves to the changes of a transformation. EPM is a way of thinking, communicating and working, supported by an information system that organizes an enterprise's resources in a direct relationship to the leadership's vision and the mission, strategy, goals and objectives that move the organization forward.

Enterprise wide Project and Resource Management is challenging and needs the right enterprise project management software. To facilitate EPM implementation across an organization, AceIcon has come out with EPM software viz. AceIcon Project Server (APS) is an easy to use online project management server for enterprises. APS provides mechanism to manage, monitor and control projects and resources in an enterprise. Implementing an EPM toolset needs to be considered in light of the organization's Maturity and the methodologies, processes and governance structures that are currently in place. There are many organizations that can support such implementations.

AceIcons EPM software not only empowers executive management but also Project managers, Resource Managers and Stakeholders in their day-to-day tasks. Project managers can manage and track projects in a uniform way and keep their customers and stakeholders informed by keeping up-to-date status and sharing issues and risks with them. Project teams can easily know what tasks are assigned to them, report status and collaborate with other team members using in built email, forums etc. Resource Managers can better manage organizational resources by knowing the resources allocation, availability and utilization thus avoiding bottlenecks. Executives have access to a summary level dashboard of projects that enables them to monitor progress across projects and drill down on problem areas. Project Health and variance rules can be set at organization level for a uniform review of all projects.

by: Driscoll Koczela

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