{"id":15640,"date":"2022-01-27T14:58:00","date_gmt":"2022-01-27T20:58:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=15640"},"modified":"2022-01-27T14:57:34","modified_gmt":"2022-01-27T20:57:34","slug":"using-biotech-project-management-software-to-drive-value","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/","title":{"rendered":"Using Biotech Project Management Software to Drive Value"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-1024x576.jpg\" alt=\"\" class=\"wp-image-19471\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-1024x576.jpg 1024w, https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-300x169.jpg 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-150x84.jpg 150w, https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-768x432.jpg 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Today we\u2019re going to look at how a global biotech company used biotech project management software to drive greater business value. The company is known around the world for its groundbreaking molecular diagnostic testing capabilities. They provide hospitals and doctor\u2019s offices with fast and accurate tests for COVID-19, tuberculosis, and other types of illnesses.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;We use Planview\u2019s solutions to ensure projects in distress are getting the help they need.\u201d<\/p><cite>Senior Director of IT Governance, Global Biotech Company<\/cite><\/blockquote>\n\n\n\n<p>We\u2019ll look at the steps the company took to optimize their IT Portfolio Management framework to increase visibility within the organization.<\/p>\n\n\n\n<p>After reading this, you\u2019ll learn how you can benefit by following a similar process, regardless of your industry.<\/p>\n\n\n\n<p>Let\u2019s start by looking at the challenges this organization was facing.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#They_Needed_to_Expand_Visibility_from_Intake_to_Execution\" >They Needed to Expand Visibility from Intake to Execution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#Step_1_They_Developed_an_Effective_Portfolio_Management_Framework\" >Step 1: They Developed an Effective Portfolio Management Framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#Step_2_They_Adopted_a_Data-Driven_Approach_for_Approving_and_Prioritizing_Projects\" >Step 2: They Adopted a Data-Driven Approach for Approving and Prioritizing Projects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#Step_3_They_Kept_Projects_Aligned_with_Resources_and_Capacity\" >Step 3: They Kept Projects Aligned with Resources and Capacity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#Greater_Visibility_Resulted_in_Better_Outcomes\" >Greater Visibility Resulted in Better Outcomes<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"They_Needed_to_Expand_Visibility_from_Intake_to_Execution\"><\/span>They Needed to Expand Visibility from Intake to Execution<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This leading biotech company needed an IT Portfolio Management framework that guaranteed value delivery and helped top leadership make better-informed decisions.<\/p>\n\n\n\n<p>They were looking to adopt a global portfolio management framework that would:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Increase transparency.<\/li><li>Drive innovation and meet customer expectations.<\/li><li>Deliver value to the organization.<\/li><\/ul>\n\n\n\n<p>Now here\u2019s where things got challenging. The company had a distribution presence in 180 countries. <a href=\"https:\/\/www.pmi.org\/learning\/library\/project-management-practices-biotechnology-pharmaceutical-8054\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Their framework had to support that<\/a>, in addition to helping them overcome demand challenges brought on by the global pandemic.<\/p>\n\n\n\n<p>Here\u2019s how they did it \u2013 and how you can, too.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_They_Developed_an_Effective_Portfolio_Management_Framework\"><\/span>Step 1: They Developed an Effective Portfolio Management Framework<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The company first developed an effective portfolio management framework before they invested in biotech project management software.<\/p>\n\n\n\n<p>Their Senior Director of IT Governance had experience building PMO organizations from the ground up. He understood how the PMO is the organization\u2019s value center and how good systems and processes guaranteed the success of projects and programs\u00ad\u00ad.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Developing a framework required the company to look at four fundamental questions.<\/p><\/blockquote>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Is our organization spending time and resources on the right work?<\/li><li>Is there a more efficient way to get our work done?<\/li><li>Are we prioritizing our work and completing it on time?<\/li><li>Can we measure the value of our work?<\/li><\/ol>\n\n\n\n<p>These were important questions <a href=\"https:\/\/blog.planview.com\/become-an-adaptive-pmo-advance-agility-across-planning-and-delivery\/\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">savvy PMO leadership<\/a> should ask, regardless of their industry and department.<\/p>\n\n\n\n<p>Answering these questions helped the organization develop a portfolio management framework that:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Fostered continued growth in an ever-changing professional landscape.<\/li><li>Standardized systems, processes, and services based on principles of innovation and transparency.<\/li><li>Made it possible to measure value delivered to the company and its customers.<\/li><li>Provided an executive-led IT Steering Committee with accurate, up-to-date data when planning and prioritizing projects.<\/li><\/ul>\n\n\n\n<p>Now that the organization had identified its goals, the next step was to put the strategy into motion with the help of biotech project management software. This involved creating data-driven processes that were connected to the four questions above.<\/p>\n\n\n\n<p>\u201cWe want to make sure that we\u2019re delivering on our commitments,\u201d said the company\u2019s Senior Director of IT Governance. \u201cAnd we use Planview\u2019s solutions to ensure projects in distress are getting the help they need.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_They_Adopted_a_Data-Driven_Approach_for_Approving_and_Prioritizing_Projects\"><\/span>Step 2: They Adopted a Data-Driven Approach for Approving and Prioritizing Projects<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Data needed to be accessible and in an easy-to-read format. That way, the IT Steering Committee could use the information to make better-informed decisions that increased business value.<\/p>\n\n\n\n<p>The organization needed an effective platform to optimize their IT Portfolio Management\u00ad\u00ad\u00ad\u00ad. That\u2019s where Planview PPM Pro was able to help. Its reporting and dashboard feature gave executives consistent, reliable data that removed gaps that could negatively impact decision making.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe have secured cross-functional alignment with consistent, reliable, and accurate status reporting so that there is no room for ambiguity.&#8221;<\/p><cite><meta charset=\"utf-8\">Senior Director of IT Governance, Global Biotech Company<\/cite><\/blockquote>\n\n\n\n<p>Adopting Planview PPM Pro meant that PMO leadership could quickly consolidate and present key data to stakeholders (like the IT Steering Committee mentioned above). This gave executive leadership a complete picture to inform their decision-making process.<\/p>\n\n\n\n<p>What\u2019s more, Planview PPM Pro made it easier for the organization to keep track of their IT Portfolio Projects. Using native features like Gantt Charts, Project Prioritization Alignment, and Project Intake Management streamlined how the biotech organization <a href=\"https:\/\/www.planview.com\/products-solutions\/products\/ppm-pro\/\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">managed their IT Portfolio<\/a>.<\/p>\n\n\n\n<p>This streamlined their monthly project intake meetings, project reviews, and weekly status reporting by ensuring data was always accurate and easy to access.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_They_Kept_Projects_Aligned_with_Resources_and_Capacity\"><\/span>Step 3: They Kept Projects Aligned with Resources and Capacity<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Planview PPM Pro didn\u2019t just make it easier for the organization to plan and prioritize their project portfolio. It also helped their projects run smoothly from start to finish.<\/p>\n\n\n\n<p>They used Planview PPM Pro features like Project Time Tracking and Resource Management Tools to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Improve accuracy when managing resources and capacity.<\/li><li>Keep projects on time and within budget.<\/li><li>Better understand how their workforce spends time completing tasks.<\/li><\/ul>\n\n\n\n<p>This gave the company greater visibility, which is important for determining whether ongoing work stays aligned with executive goals.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThe combination of these views will tell a story in terms of how we need to think about organization design, and how we need to plan for our projects and prioritize our projects going forward.\u201d<\/p><cite><meta charset=\"utf-8\">Senior Director of IT Governance, Global Biotech Company<\/cite><\/blockquote>\n\n\n\n<p>Want to learn how they did it? <a href=\"https:\/\/info.planview.com\/modern-resource-management-webinar-am-_webinar_prm_en_reg.html\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Watch our on-demand Modern PPM webinar<\/a> on the best practices of capacity planning, portfolio planning, and project portfolio governance.<\/p>\n\n\n\n<p>Now there\u2019s one question left to answer. How did Planview PPM Pro perform? Let\u2019s find out.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Greater_Visibility_Resulted_in_Better_Outcomes\"><\/span>Greater Visibility Resulted in Better Outcomes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After choosing Planview PPM Pro for their biotech project management software, the company was able to plan and track projects more effectively. Having access to consistent reporting meant that leadership could make better-informed decisions when planning, prioritizing, and reprioritizing initiatives.<\/p>\n\n\n\n<p>Not only did the organization increase their project delivery efficiency after switching to Planview PPM Pro, company morale also went up. Consistent and reliable reporting improved resource and capacity planning, which created a better work-life balance for everyone involved.<\/p>\n\n\n\n<p>Planview PPM Pro has helped companies across industries\u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Expand visibility into their project portfolios.<\/li><li>Collect and distribute data more efficiently.<\/li><li>Improve resource productivity.<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/info.planview.com\/planview-ppm-pro-demo-_demo-on-demand_prm_en_reg.html?_ga=2.141728374.575520221.1642526265-1568223803.1641999897\">Register for an on-demand demo<\/a> of Planview PPM Pro and see why this organization and many others trust Planview for improving business process outcomes and driving innovation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today we\u2019re going to look at how a global biotech company used biotech project management software to drive greater business value. The company is known around the world for its groundbreaking molecular diagnostic testing capabilities. They provide hospitals and doctor\u2019s offices with fast and accurate tests for COVID-19, tuberculosis, and other types of illnesses. &#8220;We&#8230;<\/p>\n","protected":false},"author":207,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[492],"tags":[],"class_list":["post-15640","post","type-post","status-publish","format-standard","hentry","category-customer-success"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Using Biotech Project Management Software to Drive Value - Planview Blog<\/title>\n<meta name=\"description\" content=\"Learn how one company expanded visibility with Planview PPM Pro as their biotech project management software, and how you can follow their strategy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Using Biotech Project Management Software to Drive Value\" \/>\n<meta property=\"og:description\" content=\"Learn how one company expanded visibility with Planview PPM Pro as their biotech project management software, and how you can follow their strategy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-27T20:58:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-1024x576.jpg\" \/>\n<meta name=\"author\" content=\"Brandon Harville\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brandon Harville\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\"},\"author\":{\"name\":\"Brandon Harville\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/3f74f6d53f9f86ffd55f16c09f8fdc4e\"},\"headline\":\"Using Biotech Project Management Software to Drive Value\",\"datePublished\":\"2022-01-27T20:58:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\"},\"wordCount\":1037,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2022\/01\/biotech-project-management-software-resized-2-1024x576.jpg\",\"articleSection\":[\"Customer Success\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\",\"url\":\"https:\/\/blog.planview.com\/using-biotech-project-management-software-to-drive-value\/\",\"name\":\"Using Biotech Project Management Software to Drive Value - 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