{"id":6393,"date":"2018-03-02T13:22:00","date_gmt":"2018-03-02T19:22:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=6393"},"modified":"2018-03-05T11:28:07","modified_gmt":"2018-03-05T17:28:07","slug":"demand-management-tools","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/demand-management-tools\/","title":{"rendered":"Demand Management Tools 101"},"content":{"rendered":"

For the PMO, saying \u201cyes\u201d to the hundreds of requests that flood their pipeline is not a long-term, scalable strategy. Sure, in the short-term, you may end up making a few people happy, but without proper project prioritization it will likely be challenging to manage that much incoming demand across the entire portfolio. Organizations often turn to demand management tools<\/strong> to support this process. But where do you begin? This blog highlights the basics \u2013 touching on some of the challenges you may already be experiencing and features to consider when searching for a tool. I will also share one of my favorite demand management customer stories featuring the University of Michigan. Let\u2019s dive in.<\/p>\n

What happens when demand isn\u2019t managed? <\/strong><\/h3>\n

When demand isn\u2019t properly managed, it becomes a perfect storm of over-utilized and stressed-out resources. Even worse, you end up giving in and prioritizing ad-hoc requests for those who scream the loudest. Projects remain in limbo or are slow to progress, and people and priorities are reshuffled again and again \u2013 all resulting in poor project delivery and loss of credibility with stakeholders.<\/p>\n

How can the right demand management tools help?<\/strong><\/h3>\n

Leaders in the PMO need a scalable demand management tool that will not only help score and evaluate project requests but also help them evaluate cost, effort, and resources and capacity available to see projects to delivery. Look for a tool that offers scenario-planning capabilities that allows you to create and compare scenarios so you can make right trade-off decisions while taking all the variables into consideration. The result is a portfolio of projects that is achievable, adequately staffed, and delivers value to the business and its customers.<\/p>\n

Here\u2019s a list of basic features to consider when conducting your search for a demand management tool:<\/p>\n

    \n
  1. Centralized demand management intake<\/strong>\u00a0so stakeholders can easily request new projects and check the status of work<\/li>\n
  2. The ability to score and rank to drive prioritization<\/strong> using objective, repeatable methods to quantify investment<\/li>\n
  3. Top-down planning<\/strong> to understand and prioritize demand<\/li>\n
  4. What-if analysis<\/strong> to manage the impact of change<\/li>\n
  5. At a minimum, basic capabilities to capture the new ideas<\/strong> that will drive innovative projects into the pipeline<\/li>\n<\/ol>\n

    \"The<\/a><\/h3>\n

    A demand management success story<\/strong><\/h3>\n

    Let\u2019s look at a great example of how this can work. In a quest for efficiency, the University of Michigan merged three central IT organizations<\/a>. They quickly realized that to meet service delivery goals, their IT operations and internal processes would need to be redefined, implemented, and adopted. The university decided to restructure their demand management process to stop overpromising and under-delivering. They determined scoring criteria, and then centralized to find out how many projects were in progress, available capacity, and what new requests were in the pipeline. The steps taken meant they could optimize prioritization of the work being done, moving forward with strategic delivery. The initial results were impressive \u2013 approved projects were reduced by 75% and shifted to deliver toward the University\u2019s strategic initiatives. They have a visible pipeline of demand along with reduced staff workload and improved performance. Balanced workloads and projects delivered on time \u2013 a win-win for everyone. It\u2019s truly amazing how the right technology can improve and advance the business.<\/p>\n

    It is never easy to shift from \u201cno\u201d to \u201cyes,” but with visibility into demand, resource and capacity, and optimized priorities, organizations can focus on the right work that delivers the most value.<\/p>\n

    Are you intrigued? To learn more, check out the first step to getting started with demand management and prioritization with The Savvy PMO\u2019s Guide to Prioritization: Getting Started with Scoring<\/a>.<\/p>\n

    How are you currently managing demand at your organization? Share by leaving a comment below.<\/p>\n","protected":false},"excerpt":{"rendered":"

    For the PMO, saying \u201cyes\u201d to the hundreds of requests that flood their pipeline is not a long-term, scalable strategy. Sure, in the short-term, you may end up making a few people happy, but without proper project prioritization it will likely be challenging to manage that much incoming demand across the entire portfolio. Organizations often…<\/p>\n","protected":false},"author":83,"featured_media":6489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[520],"class_list":["post-6393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pmo-project-management-organizations","tag-whitepaper"],"acf":[],"yoast_head":"\nDemand Management Tools 101 - Blog | Planview<\/title>\n<meta name=\"description\" content=\"Check out the first step to getting started with demand management tools with, "The Savvy PMO\u2019s Guide to Prioritization: Getting Started with Scoring."\" \/>\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\/demand-management-tools\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Demand Management Tools 101\" \/>\n<meta property=\"og:description\" content=\"Check out the first step to getting started with demand management tools with, "The Savvy PMO\u2019s Guide to Prioritization: Getting Started with Scoring."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/demand-management-tools\/\" \/>\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=\"2018-03-02T19:22:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-03-05T17:28:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2018\/03\/Demand-management-tools-101.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elsa Dithmer\" \/>\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=\"Elsa Dithmer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/\"},\"author\":{\"name\":\"Elsa Dithmer\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/554f7374f083a5afcc7a1f3ae585ba1f\"},\"headline\":\"Demand Management Tools 101\",\"datePublished\":\"2018-03-02T19:22:00+00:00\",\"dateModified\":\"2018-03-05T17:28:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/\"},\"wordCount\":619,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/Demand-management-tools-101.jpg\",\"keywords\":[\"Whitepaper\"],\"articleSection\":[\"Project Portfolio Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/demand-management-tools\\\/\",\"name\":\"Demand Management Tools 101 - 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