The BYOD movement is taking corporations by storm. IDC recently forecasted that by 2017, total PCs are expected to drop to 13 percent, while tablets and smartphones will represent 16.5 percent and 70.5 percent respectively of the infrastructure. CIOs are being encouraged to manage this effort proactively as a forward-thinking strategic project plan, rather than managing BYOD from a defensive or reactive stance.
Equally surprising is that 76 percent of respondents still use spreadsheets to manage projects in some capacity. Of those, 55 percent work in organizations with more than 1,000 employees. Given the size, this can easily lead to PPM (project portfolio management) data integrity issues and agonizingly inefficient feedback loops. Today's organizations need the agility to see and trust information as it develops, to make informed decisions and maintain a competitive edge.
Another 62% of respondents highlighted their top reasons for deploying PPM solutions (in order) are prioritizing projects, gaining visibility into live projects, planning and preparing for future projects, and managing cost and resources. Evidence that PPM solutions are providing value well beyond simply improving project execution.
Other findings of the survey revealed the following: 24 percent of respondents do not conduct project reviews at all Of the 76 percent who do conduct reviews, only 15 percent find they are meeting their project targets 64 percent of respondents who use PPM tools do so to manage general IT projects and the rest use them for compliance, product development, training and mobile related project
These findings indicate that using PPM is not only critical to managing discrete projects, but it also provides the structure organizations need to successfully implement emerging corporate initiatives, such as mobile, cloud and new product development. According to PMI's 2012 Pulse of the Profession In-Depth Report: Portfolio Management Report, the majority of portfolio managers in highly effective organizations spend 75 percent or more of their time on portfolio management. The report further indicates that in organizations where managers have more strategic focus, as well as departmental goals, 70 percent of projects meet or exceed their forecasted ROI, compared to 50 percent at organizations where managers rarely focus on strategic goals.
"Organizations have barely scratched the surface on the various ways PPM software can help manage initiatives like the skyrocketing usage of mobile and tablet in the enterprise," said
This survey was conducted among 300 senior project managers and executives attending the
Keywords for this news article include: Software.
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