calculating the return on your ppm investment
TRANSCRIPT
Calculating the Return on your Project
Portfolio Management Investment
Question:
How long does it take
for a company to see
a return on
investment from
Project Portfolio
Management
Software?
The truth is, with a
SaaS solution, the
benefits and
payback happen
fast. Real Fast.
Let’s take a look at the two key areas of return:
Return on
Investment
(ROI)
Return on
Opportunity
(ROO)
ROI is the tangible cost savings or increase in
revenue/profitability directly attributed to the
deployment of new software.
These savings are seen in common
project and program management
activities such as:
• Reduced project status reporting times
• Maintaining timelines for task based
planning, staffing & control
• Limited manually searching
• Easy change management
• Efficient expense and time
management
If the initial benefit of this doesn’t stand
out, consider how our unique approach
provides 100% Transparency throughout
the entire product selection process:
ROI can also be achieved by increasing the
productivity of delivery staff by streamlining
administrative tasks.
Delivery staff savings can be
achieved in the following areas:
• Automating weekly progress
and assignment meetings
• Accurate time recording
• Real-time milestone achievement
reporting
• Easy prioritization/reprioritization
of work schedules
ROO is the time saved through streamlining
processes that can be refocused to achieve
additional benefits.
ROO can be achieved in the following areas:
• Productivity
• Profitability
• Information
• Satisfaction
• Performance
ROO can be achieved in the following areas:
Allocate the right people
to the right projects
Reduce repetition through
project alignment
Productivity
Embark on strategically
aligned projects
Improve data quality and
decision-making
Profitability
Drive accountability, improve
confidence in data
Encourage openness,
visibility and communication
of decisions
Information
Increase customer confidence
and satisfaction in deliverables
Manage vendors more
efficiently enabling
predictability in planning
Satisfaction
Promote good practice
and consistency
Improve data accuracy
Performance
The combination of both ROI and ROO are what
should be calculated when determining your
total return on investment.
See the benefits of a Prototype Approach to PPM software implementation, and
drive away with efficient and profitable project management capabilities.
Download our PPM ROI Calculator – based on real world
examples – to estimate your potential return on investment.
Visit www.keyedin.com/keyedinprojects to find out more.