As many companies attempt to accelerate growth programs, seize market opportunities or re-organize to align to new strategies, they’ve been hindered by the inherent limitations of PPM solutions. These challenges have resulted in the recent emergence of the Enterprise Program & Portfolio Management (EPPM) market space. EPPM goes beyond the PPM tracking of budget to burn and cost allocation; it attempts to connect business benefit realization to the programs a company executes. While EPPM does share many of the capabilities that IT PPM software exhibits, EPPM is focused more broadly across the enterprise rather than focusing success on the completion of an isolated or small group of related IT projects.
Because EPPM solutions facilitate effective strategy execution and business transformation, the software is often used by enterprise program management offices or business transformation offices.
Many companies are facing challenges when executing effective EPPM strategy, with some not even recognizing its availability and trying to stretch inadequate PPM tools to support their strategy execution. The challenges include:
Shibumi provides a customizable EPPM solution that helps you successfully navigate through these challenges. With Shibumi, you can generate a clear dashboard of business metrics that all members of an organization can access. This comprehensive dashboard aligns projects and portfolios, creating discipline around how connected parts come together. The ability to track these business metrics in a collaborative environment enables long term, strategic initiatives and goals to be monitored and executed more effectively.
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