Are Your Limited Resources Focused on the Right Opportunities?

Are your resources focused on the right opportunities? Unfortunately, many organizations can’t answer the question. Can you? This is an ideal time and opportunity to benchmark your organization’s capabilities and maturity level in terms of resource management and capacity planning. I’ve had the pleasure to be the chief researcher on the most comprehensive study ever on...

The Case for Integration

Putting the L in ALM – Making the case for Lifecycle Integration I think everyone agrees that software delivery is not an ancillary business process but is actually a key business process, and the ability to deliver software faster, cheaper, and of a higher quality is a competitive advantage. But delivering software is difficult, and...

Getting Your Executives Involved in Long-Range Planning—Part 1

Getting Executives Involved in Long-Range Planning and Benchmarking Your Company’s Long-Range Planning Process is the First Step Towards Improvement If you were given the opportunity to directly influence your company’s success, would you take it? Would you want to help on develop the plans, direction, and spending of your organization? Or would you avoid such...

Building an Innovation Portfolio—10 Key Takeaways

I recently hosted a discussion with Forrester’s, vice president, principal analyst serving CIOs, Chip Gliedman and Planview’s NDP solution market manager Carrie Nauyalis about innovation and portfolio management, and how the two relate. I’ve included an image of the visual notes designed during the live event. Check out this visual reference for the topics and key...

The Top 5 Priorities for Your PMO in 2013

On January 28th, ProjectsAtWork featured an article by Jerry Manas titled, Were the Mayans Right About Your PMO? In it he covers  the top 5 priorities for your PMO in 2013, as well as a list of undeniable trends and predictions for the coming year. The article follows the End of the World Webcast Jerry hosted...

The Annual Budgeting Process: Insanity is Expecting Different Results from Spreadsheets

Albert Einstein has been credited in saying, “insanity is doing the same thing over and over again and expecting different results.” If you are charged with some element of the annual budgeting process for your organization, such as capital planning, strategic planning, budgeting, and annual allocations, among others; chances are you’ve been inundated with spreadsheets, tab delimited...

Analysts Detail Correlation Between Tech Solutions and Performance for Project-Based Businesses

In mid-2012, two independent research organizations published unique reports about the best practices of top-performing, project-based businesses. Each had their own focus on the subject matter regarding the emphasis of their research metrics or how differing project-based companies can be collectively considered successful despite a wide variety of nomenclature, product offerings, and organizational structures. Regardless...

Product Forecasting and the Planning Fallacy – Enrich Consulting

Experience shows that what happens is always the thing against which one has not made provision in advance. — John Maynard Keynes [1] An old cliché in forecasting is that when it comes to the single-valued forecast, the only thing you can say with certainty is that it’s wrong. More than just plain wrong numbers,...

Learning From Our Forecasting Foibles – Enrich Consulting

The prevalent tendency to underweight, or ignore, distributional information is perhaps the major source of error of intuitive prediction…The analyst should therefore make every effort to frame the forecasting problem so as to facilitate utilizing all the distributional information that is available to the expert. —Daniel Kahneman and Amos Tversky [1] Most people involved in...