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Portfolio, Program and Project Management

Take financial and strategic control of new product introduction.

If your company is in the majority, it’s likely that your executives are dissatisfied with the financial returns on investment (ROI) they receive from their innovation initiatives. When you look at the disconnect between R&D spend rates and business results, you may question the processes used to oversee investment.

In fact, research indicates that some 69% of companies admit that their product introduction processes are not under financial or strategic control. Your operational activities may be headed in the wrong direction for a number of reasons -- lack of oversight, limited customer insight, conflicting priorities, communication difficulties and a lack of focus. Worse, your company can be executing on a portfolio plan that exceeds financial and resource constraints.

Increase the overall return on your R&D investment

Teamcenter allows your company to connect its strategic portfolio plans to program and project management for detailed operational execution. Teamcenter’s portfolio planning solution maximizes your R&D investment returns by continuously governing the selection of the right mix of investments. By looking at R&D as a whole, Teamcenter defines a portfolio strategy that guides your overall priorities and planning.

Once the portfolio strategy is defined, Teamcenter’s program and project management capabilities help you organize resources and drive activities to dramatically improve performance. By executing projects against clearly defined goals, your teams can better coordinate their resources to meet the strategic needs of the company. By increasing program visibility and synchronizing activities, you can drive performance and profitability, increasing the overall return on your R&D investment.

Key Capabilities and Benefits

Solution Capabilities

• Collaborative portfolio management to balance brands, product lines, product offerings, product options, technologies, investment opportunities and ideas
• Ideation and idea management to score, filter, prioritize and control
• Program and project management including schedules, work tasks, dependencies, milestones, baselines and constraints
• Program planning and execution integrated with lifecycle processes to automate execution signoffs and workflows
• Resource, financial and business performance management to control costs and investment
• Strategic planning linked to operational execution (i.e., customer needs management, requirements management, workflow and change management, collaboration, document management, records management, work breakdown structures, etc.)

Business Results

• Improve productivity with a baseline for continuous improvement
• Prioritize resources and investments to drive innovation
• Make better decisions to select and manage future programs
• Coordinate and drive interrelated activities according to goals, gates, timelines and targets
• Align program and project execution with strategic needs of company
• Streamline activities throughout the product lifecycle

More Information

Related Topics

See these topics for more information.

• Consumer Products - Initiative Management

• All Teamcenter Case Studies

Fact Sheets

Read about the technical capabilities of this Teamcenter solution.

• Teamcenter for Program Execution Management Fact Sheet

• Teamcenter for Portfolio Management Fact Sheet

White Papers

Review the detailed white papers related to this topic.

• New Product Development White Paper

• Teamcenter Portfolio, Program and Project-Based Budgeting White Paper

Reports & Briefs

Read reports and briefs related to this topic.

• AberdeenGroup - Product Portfolio Management Benchmark Report

• Portfolio Management Best Practice Brief
• Establishing Effective Metrics Best Practice Brief

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