The CEO of an organization is typically accountable for implementing the ideal objectives and objectives of a company. The CEO provides the direction and authority needed to achieve the company’s mission, objective, strategy, and its yearly goals and objectives. Or in more simple words, the Chief Executive Officer needs to assure that the organization is making profits!
And how do CEOs facilitate an organization improve the profits? They seek the certified and talented skilled personnel and then provide them with the proper instruction and perspective required to do their work. Each supervisor is entrust with particular responsibilities and is measured on set of objectives. The VP of Sales, for instance, is entrust with generating more sales to the company. To keep a record of his/her achievements, the VP uses an assortment of application and resources to help monitor the of the sales office. The resources help respond to concerns like: How many cell phone calls were made this week? How many sales were done today? What’s in the pipeline? CRM tools, such as Salesforce and ACT, offer dashboards and reviews that help the VP of Sales do his/her job efficiently, offering a bird’s look view of the whole office.
In a identical way, the VPs of Operation, Promotion, IT, and other divisions, need resources that help and provide them keep track of the status and success of their divisions. For a project-based organization, such as a Website Development Company or a Construction Firm, the jobs of a CEO and in particular, the function of the VP of Operations, are very much project centric. The achievements of the organization is based the earnings of the projects it undertakes. With so much riding on the achievements of the tasks, professionals have proven an improved attention in how projects are chosen and maintained.
To make sure profitability, Executives and managers want a consistent and computerized strategy to project manager. They want to ensure projects that are on time and on right funds. Project Portfolio Management (PPM) application, such as @task, allow project managers and executives to see an overarching view of all upcoming and current tasks. Similar to the way a VP of Sales might use a CRM program, a VP of Operation can use a PPM program to keep track of project due dates, see funds and organizing time hassle, and prediction the long run earnings of tasks. The PPM application gives dashboards and reviews that help keep all project arranged to company goals and guarantees that each project is a gainful investment decision for the company.
Without the application of project portfolio management software, project professionals and managers are forced to spend an extreme period of time dealing with managing and monitoring project schedules and budget and costs. They often lose site of the big picture, investing money and time into submerged projects or tasks that were ruined to fall short before they ever start. Harvey Levine described, “In PPM, it is believed that the enterprise positions itself for increased strength and earnings through its selection and performance of projects and ensures that it continues to thrive in a world of constant change and the threat of competition.”
By Brain Foster