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Daptiv Customers Stress PMOs' Ability to Adapt and Evolve Quickly Is Critical in Demonstrating Business Value Through Project Portfolio ManagementProject Management Leaders Offer Key Takeaways for PMO Success Following Daptiv's Adapt 2011 Global User Conference (November 14, 2011)
SEATTLE, WA -- (Marketwire) -- 11/14/11 -- Daptiv, the on-demand leader in project portfolio management software, today announced the top three takeaways from its recent Adapt 2011 user conference. The event drew more than 150 project management leaders from eight countries to Seattle discuss the latest insights, training content, and how-to knowledge from Daptiv on PPM best practices.
The conference's theme was "Realizing Business Value Through PPM" and a major focus for attendees was how project management offices (PMO's) are adapting to the "new normal" of business uncertainty in their companies and the broader economy. Here are the major takeaways from Adapt 2011, including insights from Margo Visitacion, Vice President at Forrester Research, who delivered the event's keynote address, "The State of the PMO in 2011 and Beyond":
1. PMOs are judged on who they report to. Where the PMO reports to is important for how it is perceived in the organization. According to recent Forrester research, PMOs that report to the CEO or CFO are much more likely to be perceived as delivering significant value. If a PMO reports to the VP of IS/IT, then keeping a strategic focus is key to being viewed as an organization delivering business value.
2. Communities of practice are important to gain influence in an organization. Listening to individuals within the organization, having frequent meetings, sharing knowledge and mentorship, and providing support instead of mandates will lead to a PMO being viewed as a valuable and influential partner in the organization.
3. Successful PMOs in IT are becoming responsible for business investments as well as IT strategy and planning. There is a growing trend for successful PMOs in IT to expand to an Enterprise PMO (EPMO), covering business investments as well as IT strategy and planning. One Daptiv customer that successfully made this transition and presented Adapt 2011 was Mercy, a health care system with over 25 hospitals and 200 clinic locations, which incubated their PMO in the IT organization before creating a very successful EPMO in 2007.
"In today's economic climate, those PMOs unable to adapt to accelerated and rapidly evolving business practices will struggle," said Ian Knox, vice president of marketing, Daptiv. "The feedback we received from the Daptiv community about their shared experiences will be invaluable as Daptiv continues to innovate and work to meet our customers' growing business and technical needs."
Founded in 1997, Daptiv is the leading provider of on-demand Project Portfolio Management (PPM) solutions. Daptiv has helped thousands of companies improve their strategic planning and business execution by offering flexible PPM solutions and expert professional services. Daptiv's customers include world-class organizations such as BASF, Chase Paymentech, Harvard University, Honeywell, La Poste and Virgin Blue. For more information about Daptiv's PPM solutions, please visit www.daptiv.com.
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