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Project portfolio management, on the other hand, takes into consideration all the projects within a portfolio. The primary objective here is to select and maintain the appropriate mix of projects and to assess the costs, risks, and returns of running these projects in relation to how they match with organizational goals. Simply put, project management is about doing the project right, project portfolio management is about doing the right projects.\r\n<span style=\"font-weight: bold;\">What Problems Can Project Portfolio Management Address?</span>\r\nProject Portfolio Management helps companies avoid project overload and work on projects that are not aligned with the ultimate vision. In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"additionalInfo":{"budgetNotExceeded":"","functionallyTaskAssignment":"","projectWasPut":"","price":0,"source":{"url":"https://www.mindjet.com/ru/wp-content/uploads/sites/4/2017/01/Silhouette-R-300.pdf","title":"Web-site of vendor"}},"comments":[],"referencesCount":0},{"id":353,"title":"Corel MindManager for World Wildlife Foundation Russia’s fundraising department","description":"World Wildlife Foundation Russia’s fundraising department - working alongside its supporters - is incorporating MindManager's maps and diagrams into its operations.\r\n<span style=\"font-weight: bold;\">THE CHALLENGE</span>\r\nSince a large portion of WWF Russia’s projects are long-term and require stable financial support, systematic work with donors is crucial.\r\nFor this reason, they have built a complex system of communication for liaising with supporters. It involves using various tools – sometimes in combination – such as: email marketing, telemarketing, SMS and postal marketing, loyalty events and face-to-face meetings.\r\nThe channel of communication varies depending on the type of support. . For example, the communications with donors who contribute more than 900 roubles per year (individual supporters who receive reports on our projects) differs from the approach take with supporters who donate 100,000 roubles or more annually (members of the Golden Panda Club with whom communication is more personal). Being that WWF is a non-profit organization, efficient finance management is crucial.\r\nThe mission of the World Wildlife Fund WWF is to stop the degradation of the planet's natural environment and to build a future in which humans live in harmony with nature. Its main goal is to conserve the world’s biological diversity. The WWF's first projects in Russia were initiated in 1988. Later, in 2004, the WWF became a national body of the Russian Federation. Within 20 years, the Fund successfully carried out over 300 field projects in 47 different Russian regions. The Fund now has branches in six priority ecological regions within the country:, the Barents Sea (Murmansk and Arkhangelsk), the Altai-Sayan (Krasnoyarsk), the Northern Caucasus (Krasnodar), the Kamchatka/ Bering Sea (Petropavlovsk-Kamchatskiy), and the Amur River Basin (Vladivostok) ecoregions.\r\n<span style=\"font-weight: bold;\">THE SOLUTION</span>\r\nMembership Program coordinator Maria Aleshina explains: “MindManager came into our lives at the right time. We had just started introducing a series of important changes into our communication system. Over the previous six months, we incorporated and began actively developing telemarketing. As a result of speaking to our supporters over the phone, we saw a significant increase in the level of financial support we were receiving for conservation projects. So we emailed our supporters information about the project beforehand and then, followed up with a successful conversation with them over the phone. Thereafter we sent a follow-up letter through the post. We had to coordinate all of this with our electronic and paper mailing systems-- making sure everything corresponded to the donations the supporter made, not to mention recording it all in our database. We had to specify a separate internal workflow coordination system for the call-centre (including the duties of the operatives and coordinators, database integration, etc.).”\r\nAs WWF Russia Fundraising Director Olga Bandalova reports: “MindManager enables us to present this information visually and create a diagram that sets out the sequence for using and combining various communication tools. This helps us to get a fuller, clearer picture and reveals weaker and less effective touchpoints. MindManager’s process description feature is particularly useful during the development phase of new systems or when introducing changes into old ones. The timely detection of problem areas or ineffective channels of communication enables us to optimise workflows promptly and guard against the inefficient use of budget funds.”\r\n“Diagrams of ongoing projects created in MindManager-maps save us time and enable us to evaluate the whole picture from all sides in a matter of minutes,” says Eva Bairamova, coordinator of WWF Russia's Earthkeeper Program. \r\n<span style=\"font-weight: bold;\">THE RESULT</span>\r\nNow, every new process or idea aimed at increasing the efficiency of the way we communicate with our supporters is quickly and easily integrated into our communication system and the division’s operations. Having a clear guide for cooperation between operatives and coordinators means that the organization always has a visual representation of the steps at our fingertips and can avoid dips in efficiency when training new staff. MindManager allowed WWF Russia in a short amount of time to document a new method of communication (telephony) and analyse the effectiveness of each individual channel before integrating it into the day-to-day work of the fundraising department.\r\nAll of this enables us to attract more funds for WWF Russia’s conservation projects, which work to combat poaching as well as to protect forests, seas and endangered species like the Amur tiger, Amur and Persian leopard, polar bear, Atlantic walrus, European bison, snow leopard and Argali mountain sheep, among others. You can read more about WWF’s work at wwf.ru.\r\n","alias":"corel-mindmanager-for-world-wildlife-foundation-russias-fundraising-department","roi":0,"seo":{"title":"Corel MindManager for World Wildlife Foundation Russia’s fundraising department","keywords":"with, communication, projects, supporters, into, MindManager, more, work","description":"World Wildlife Foundation Russia’s fundraising department - working alongside its supporters - is incorporating MindManager's maps and diagrams into its operations.\r\n<span style=\"font-weight: bold;\">THE CHALLENGE</span>\r\nSince a large portion of WWF Russia’s p","og:title":"Corel MindManager for World Wildlife Foundation Russia’s fundraising department","og:description":"World Wildlife Foundation Russia’s fundraising department - working alongside its supporters - is incorporating MindManager's maps and diagrams into its operations.\r\n<span style=\"font-weight: bold;\">THE CHALLENGE</span>\r\nSince a large portion of WWF Russia’s p"},"deal_info":"","user":{},"supplier":{"id":316,"title":"Corel","logoURL":"https://old.roi4cio.com/uploads/roi/company/corel_logo.jpeg","alias":"corel","address":"","roles":[],"description":"Corel Corporation (from the abbreviation "Cowpland Research Laboratory") is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. 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It lets you quickly capture ideas and information, then organize and contextualize them in the same place. Drag topics around, draw connections between different ideas, and park related notes, links and files where they belong – it all stays contained in one clear, easy-to-navigate map.\r\n<span style=\"font-weight: bold;\">Organize with ease</span>\r\nMindManager maps are the ideal way to plan projects, analyze processes, and consolidate and transfer knowledge. You can track deliverables, due dates, priorities, resources, dependencies and more in a shared visual context. And when things change, you can make adjustments quickly – and immediately clear to everyone.\r\n<span style=\"font-weight: bold;\">Communicate more effectively</span>\r\nMindManager solves problems like missing data, miscommunication and redundancy, by integrating all of the information related to a concept, project or plan from across people, places and platforms into a unified dashboard map that shows you and everyone involved the big picture and little details in the same view.\r\n<span style=\"font-weight: bold;\">Manage from idea to implementation</span>\r\nMove from brainstorming to planning to execution in a single application, and turn ideas into action … right before your eyes.\r\n","shortDescription":"MindManager unlocks that knowledge, by distilling the scattered ideas and disconnected data surrounding a concept, project or plan into structured, interactive visual maps that make information easy to understand, adapt, act on and share.\r\n\r\n","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":6,"sellingCount":16,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"Corel MindManager","keywords":"your, MindManager, information, ideas, knowledge, plan, into, that","description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:title":"Corel MindManager","og:description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know"},"eventUrl":"","translationId":1258,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"countries":[],"startDate":"0000-00-00","endDate":"0000-00-00","dealDate":"0000-00-00","price":0,"status":"finished","statusLabel":"Finished","isImplementation":true,"isAgreement":false,"confirmed":1,"implementationDetails":{"businessObjectives":{"id":14,"title":"Business objectives","translationKey":"businessObjectives","options":[{"id":5,"title":"Enhance Staff Productivity"},{"id":9,"title":"Support Decision Making"}]},"businessProcesses":{"id":11,"title":"Business process","translationKey":"businessProcesses","options":[{"id":177,"title":"Decentralized IT systems"},{"id":356,"title":"High costs of routine operations"},{"id":370,"title":"No automated business processes"},{"id":376,"title":"Unstructured data"},{"id":394,"title":"Shortage of information for decision making"},{"id":393,"title":"Complex and non-transparent business processes"}]}},"categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. 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In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. 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MindManager not only provides transparency, but also generates significant time-savings during key activities that are a part of the Oral-B development process, such as the comparing of ideas put forward by the project developers with hundreds of trademark rights, and the filing of applications for new patents.\r\n<span style=\"font-weight: bold;\">The Challenge</span>\r\nIt is hard to imagine the extent to which technology underpins the design and production process for Oral-B toothbrushes. Whether manually or electronically, many hundreds of patents, registered designs, utility samples, and design models have to be registered for the devices, which form an indispensable part of daily life for customers. Dr. Jungnickel is responsible for the entire area of project management relating to manual toothbrushes, and when considering new designs or technologies, must carefully check whether they are already protected or whether they can be registered as new innovations.\r\nIn a new, comprehensive project at Procter & Gamble, Jungnickel was required to deal with a very large volume of information. “There were a lot of brainstorming sessions”, explains Jungnickel, Project and IP Manager. In order to structure the many ideas generated through these sessions, and gain an overall picture of the information involved, Jungnickel decided to use MindManager, with which he was already familiar from a previous place of work.\r\n<span style=\"font-weight: bold;\">The Solution</span>\r\nUsing MindManager’s ‘map’ format, Jungnickel recorded and clearly structured all of the ideas and suggestions that had been submitted from the different development areas. He then attached remarks and additional supporting information about the individual points in various document formats, such as Word, to the relevant branches within the map. The next step was what Jungnickel calls “connecting the dots”−establishing connections and logical links between the individual map branches and their contents. “Using tools such as relationships, flags, or priority markers, this is quite easy to accomplish,” says Jungnickel. “Making sense of this in the form of continuous text would have been an impossible task, and management and other colleagues would have found it equally difficult to digest and understand”, adds the Project and IP Manager.\r\nThe second major milestone of the extremely large project was the inspection of the patents, trademark rights, utility models, and design patterns relevant to the project. Using MindManager, the aim was now to create a patent landscape, through which the required information could be easily found and referenced later. With the large number of competitors in the market, as well as the enormous variety of toothbrush products available, around 1,000 patents had to be inspected. “The key goal was to only have to handle each patent document once”, explains Dr. Jungnickel. “Using MindManager, the most important points relating to this were listed within the map, and the full patent documents were then hyperlinked to the relevant branch in the map.” After all of the ideas of the Oral-B developers, as well as all relevant patent law information, had been consolidated within the central map document, Dr. Jungnickel could begin the core element of his work−idea management by comparing the ideas with patents and other important elements. This complex process was drastically simplified, thanks to MindManager’s clear format that imposed a visual structure on the mass of information and ideas. As a result, Dr. Jungnickel was quickly able to establish which ways the new product under development was different from the state-of-the-art products already available, and which patents and utility models could be filed in the form of new patents. “The many different functions within MindManager to filter views and information mean that it is a very effective tool to use for such tasks. Even highly complex maps can always be clearly viewed and edited in a focused, structured, and easily-digestible way,” explains Jungnickel. The work of the project and IP managers definitely doesn’t end there, though. As a patent manager, Jungnickel must remain consistently on the ball during all of the subsequent development, production, and testing phases. “We want consumers to like our products. We must therefore ensure that our developments are in line with market trends”, explains Jungnickel. The problem: if new Oral-B toothbrushes are tested and information about this reaches the public, no patent application is possible. Dr. Jungnickel must also work very closely with product development teams with regards to time, and was therefore delighted to discover that MindManager’s project management capabilities enabled him to maintain visibility and control of the project time line. “From my previous work with the software, I was completely unaware that MindManager could be used this effectively for project management, in the more narrow sense”, explains Jungnickel. “But organizing the timing as a project manager is just as easy as idea management with MindManager−two or three clicks and finished. This means that my maps do not just have a “content-related” dimension, but also facilitate “time-management”, enabling the triggering of patent applications. I found this so effective that I no longer use Microsoft Project or Excel for project work.” \r\n<span style=\"font-weight: bold;\">The Result</span>\r\nFrom the recording and consolidation of ideas, to the development of innovative ideas, to implementation and production, Dr. Jungnickel manages his complex range of responsibilities at Procter & Gamble exclusively with MindManager. “Not only does working in this way enable me to minimize redundancies”, says the project manager, “it also makes me significantly faster and more efficient. For me, MindManager is the tool that allows me to bring together both creativity and excellent project management within a single interface.” Dr. Jungnickel’s way of working has also influenced the rest of the areas within the company. After a certain amount of initial hesitation among project administrators, who were used to using other PM tools, more and more positive feedback was given regarding MindManager’s capabilities.\r\nDr. Jungnickel himself has his own perspective on “his” tool: “I now see the map as a structured database, in which I deposit all the information, and then at any time it can provide me with a precise overview of where we are in the project.”","alias":"corel-mindmanager-in-the-global-toothbrush-market","roi":0,"seo":{"title":"Corel MindManager in the global toothbrush market","keywords":"Jungnickel, project, with, that, MindManager, information, ideas, management","description":"The development of the latest generation of Oral-B toothbrushes at Procter & Gamble demonstrates how creativity and comprehensive project management can be integrated through the use of software solution MindManager. 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By defining the objects' relationships to each other, and by sequencing them in an appropriate order, authors (those who use authoring tools) can produce attractive and useful graphics applications. Most authoring systems also support a scripting language for more sophisticated applications.\r\nThe distinction between authoring tools and programming tools is not clear-cut. Typically, though, authoring tools require less technical knowledge to master and are used exclusively for applications that present a mixture of textual, graphical, and audio data.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Authoring_and_Publishing_Software.png"},{"id":180,"title":"Office Suites","alias":"office-suites","description":"An office suite is a collection of applications bundled together, intended to be used by knowledge workers in an organization. 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All participants, from on-the-ground employees to department managers and IT engineers would interact and collaborate—producing a visual map of Con Edison’s specific process that detailed all variables and how the variables interacted.\r\n<span style=\"font-weight: bold;\">THE SOLUTION</span>\r\nThe Mindjet/ZBB toolkit facilitated discovery of how and why a specific process worked, with all touch points and elements included in a visual map: procedural tasks, administrative requirements, production processes, employee engagement.\r\nParticipant knowledge, factual and intuitive, was quickly discovered, with both existing process documentation and new ideas collected. Across sections and departments, union and management, “mapping enabled the teams to literally ‘see’ their problem-solving efforts come together in real time to form actionable plans,” notes Al Homyk, General Manager of Operations Services in Con Edison’s Bronx/Westchester Electric Operations Department.\r\n<span style=\"font-weight: bold;\">THE RESULTS</span>\r\nAfter Mindjet/ZBB analysis of activities representing just 15% of its total operations and maintenance budget, Con Edison realized more than $600,000 in savings; additional savings are expected to be in the millions. Beyond these tangible gains, Mindjet/ZBB mapping has also yielded high value, intangible benefits, primarily in Con Edison’s corporate culture. 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Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"countries":[],"startDate":"0000-00-00","endDate":"0000-00-00","dealDate":"0000-00-00","price":0,"status":"finished","statusLabel":"Finished","isImplementation":true,"isAgreement":false,"confirmed":1,"implementationDetails":{"businessObjectives":{"id":14,"title":"Business objectives","translationKey":"businessObjectives","options":[{"id":5,"title":"Enhance Staff Productivity"},{"id":4,"title":"Reduce Costs"}]},"businessProcesses":{"id":11,"title":"Business process","translationKey":"businessProcesses","options":[{"id":177,"title":"Decentralized IT systems"},{"id":356,"title":"High costs of routine operations"},{"id":393,"title":"Complex and non-transparent business processes"},{"id":376,"title":"Unstructured data"}]}},"categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. 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Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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It involves using various tools – sometimes in combination – such as: email marketing, telemarketing, SMS and postal marketing, loyalty events and face-to-face meetings.\r\nThe channel of communication varies depending on the type of support. . For example, the communications with donors who contribute more than 900 roubles per year (individual supporters who receive reports on our projects) differs from the approach take with supporters who donate 100,000 roubles or more annually (members of the Golden Panda Club with whom communication is more personal). Being that WWF is a non-profit organization, efficient finance management is crucial.\r\nThe mission of the World Wildlife Fund WWF is to stop the degradation of the planet's natural environment and to build a future in which humans live in harmony with nature. Its main goal is to conserve the world’s biological diversity. The WWF's first projects in Russia were initiated in 1988. Later, in 2004, the WWF became a national body of the Russian Federation. Within 20 years, the Fund successfully carried out over 300 field projects in 47 different Russian regions. The Fund now has branches in six priority ecological regions within the country:, the Barents Sea (Murmansk and Arkhangelsk), the Altai-Sayan (Krasnoyarsk), the Northern Caucasus (Krasnodar), the Kamchatka/ Bering Sea (Petropavlovsk-Kamchatskiy), and the Amur River Basin (Vladivostok) ecoregions.\r\n<span style=\"font-weight: bold;\">THE SOLUTION</span>\r\nMembership Program coordinator Maria Aleshina explains: “MindManager came into our lives at the right time. We had just started introducing a series of important changes into our communication system. Over the previous six months, we incorporated and began actively developing telemarketing. As a result of speaking to our supporters over the phone, we saw a significant increase in the level of financial support we were receiving for conservation projects. So we emailed our supporters information about the project beforehand and then, followed up with a successful conversation with them over the phone. Thereafter we sent a follow-up letter through the post. We had to coordinate all of this with our electronic and paper mailing systems-- making sure everything corresponded to the donations the supporter made, not to mention recording it all in our database. We had to specify a separate internal workflow coordination system for the call-centre (including the duties of the operatives and coordinators, database integration, etc.).”\r\nAs WWF Russia Fundraising Director Olga Bandalova reports: “MindManager enables us to present this information visually and create a diagram that sets out the sequence for using and combining various communication tools. This helps us to get a fuller, clearer picture and reveals weaker and less effective touchpoints. MindManager’s process description feature is particularly useful during the development phase of new systems or when introducing changes into old ones. The timely detection of problem areas or ineffective channels of communication enables us to optimise workflows promptly and guard against the inefficient use of budget funds.”\r\n“Diagrams of ongoing projects created in MindManager-maps save us time and enable us to evaluate the whole picture from all sides in a matter of minutes,” says Eva Bairamova, coordinator of WWF Russia's Earthkeeper Program. \r\n<span style=\"font-weight: bold;\">THE RESULT</span>\r\nNow, every new process or idea aimed at increasing the efficiency of the way we communicate with our supporters is quickly and easily integrated into our communication system and the division’s operations. Having a clear guide for cooperation between operatives and coordinators means that the organization always has a visual representation of the steps at our fingertips and can avoid dips in efficiency when training new staff. MindManager allowed WWF Russia in a short amount of time to document a new method of communication (telephony) and analyse the effectiveness of each individual channel before integrating it into the day-to-day work of the fundraising department.\r\nAll of this enables us to attract more funds for WWF Russia’s conservation projects, which work to combat poaching as well as to protect forests, seas and endangered species like the Amur tiger, Amur and Persian leopard, polar bear, Atlantic walrus, European bison, snow leopard and Argali mountain sheep, among others. 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And when things change, you can make adjustments quickly – and immediately clear to everyone.\r\n<span style=\"font-weight: bold;\">Communicate more effectively</span>\r\nMindManager solves problems like missing data, miscommunication and redundancy, by integrating all of the information related to a concept, project or plan from across people, places and platforms into a unified dashboard map that shows you and everyone involved the big picture and little details in the same view.\r\n<span style=\"font-weight: bold;\">Manage from idea to implementation</span>\r\nMove from brainstorming to planning to execution in a single application, and turn ideas into action … right before your eyes.\r\n","shortDescription":"MindManager unlocks that knowledge, by distilling the scattered ideas and disconnected data surrounding a concept, project or plan into structured, interactive visual maps that make information easy to understand, adapt, act on and share.\r\n\r\n","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":6,"sellingCount":16,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"Corel MindManager","keywords":"your, MindManager, information, ideas, knowledge, plan, into, that","description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:title":"Corel MindManager","og:description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know"},"eventUrl":"","translationId":1258,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"countries":[],"startDate":"0000-00-00","endDate":"0000-00-00","dealDate":"0000-00-00","price":0,"status":"finished","statusLabel":"Finished","isImplementation":true,"isAgreement":false,"confirmed":1,"implementationDetails":{"businessObjectives":{"id":14,"title":"Business objectives","translationKey":"businessObjectives","options":[{"id":5,"title":"Enhance Staff Productivity"},{"id":9,"title":"Support Decision Making"}]},"businessProcesses":{"id":11,"title":"Business process","translationKey":"businessProcesses","options":[{"id":177,"title":"Decentralized IT systems"},{"id":356,"title":"High costs of routine operations"},{"id":370,"title":"No automated business processes"},{"id":376,"title":"Unstructured data"},{"id":394,"title":"Shortage of information for decision making"},{"id":393,"title":"Complex and non-transparent business processes"}]}},"categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. 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In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. 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MindManager not only provides transparency, but also generates significant time-savings during key activities that are a part of the Oral-B development process, such as the comparing of ideas put forward by the project developers with hundreds of trademark rights, and the filing of applications for new patents.\r\n<span style=\"font-weight: bold;\">The Challenge</span>\r\nIt is hard to imagine the extent to which technology underpins the design and production process for Oral-B toothbrushes. Whether manually or electronically, many hundreds of patents, registered designs, utility samples, and design models have to be registered for the devices, which form an indispensable part of daily life for customers. Dr. Jungnickel is responsible for the entire area of project management relating to manual toothbrushes, and when considering new designs or technologies, must carefully check whether they are already protected or whether they can be registered as new innovations.\r\nIn a new, comprehensive project at Procter & Gamble, Jungnickel was required to deal with a very large volume of information. “There were a lot of brainstorming sessions”, explains Jungnickel, Project and IP Manager. In order to structure the many ideas generated through these sessions, and gain an overall picture of the information involved, Jungnickel decided to use MindManager, with which he was already familiar from a previous place of work.\r\n<span style=\"font-weight: bold;\">The Solution</span>\r\nUsing MindManager’s ‘map’ format, Jungnickel recorded and clearly structured all of the ideas and suggestions that had been submitted from the different development areas. He then attached remarks and additional supporting information about the individual points in various document formats, such as Word, to the relevant branches within the map. The next step was what Jungnickel calls “connecting the dots”−establishing connections and logical links between the individual map branches and their contents. “Using tools such as relationships, flags, or priority markers, this is quite easy to accomplish,” says Jungnickel. “Making sense of this in the form of continuous text would have been an impossible task, and management and other colleagues would have found it equally difficult to digest and understand”, adds the Project and IP Manager.\r\nThe second major milestone of the extremely large project was the inspection of the patents, trademark rights, utility models, and design patterns relevant to the project. Using MindManager, the aim was now to create a patent landscape, through which the required information could be easily found and referenced later. With the large number of competitors in the market, as well as the enormous variety of toothbrush products available, around 1,000 patents had to be inspected. “The key goal was to only have to handle each patent document once”, explains Dr. Jungnickel. “Using MindManager, the most important points relating to this were listed within the map, and the full patent documents were then hyperlinked to the relevant branch in the map.” After all of the ideas of the Oral-B developers, as well as all relevant patent law information, had been consolidated within the central map document, Dr. Jungnickel could begin the core element of his work−idea management by comparing the ideas with patents and other important elements. This complex process was drastically simplified, thanks to MindManager’s clear format that imposed a visual structure on the mass of information and ideas. As a result, Dr. Jungnickel was quickly able to establish which ways the new product under development was different from the state-of-the-art products already available, and which patents and utility models could be filed in the form of new patents. “The many different functions within MindManager to filter views and information mean that it is a very effective tool to use for such tasks. Even highly complex maps can always be clearly viewed and edited in a focused, structured, and easily-digestible way,” explains Jungnickel. The work of the project and IP managers definitely doesn’t end there, though. As a patent manager, Jungnickel must remain consistently on the ball during all of the subsequent development, production, and testing phases. “We want consumers to like our products. We must therefore ensure that our developments are in line with market trends”, explains Jungnickel. The problem: if new Oral-B toothbrushes are tested and information about this reaches the public, no patent application is possible. Dr. Jungnickel must also work very closely with product development teams with regards to time, and was therefore delighted to discover that MindManager’s project management capabilities enabled him to maintain visibility and control of the project time line. “From my previous work with the software, I was completely unaware that MindManager could be used this effectively for project management, in the more narrow sense”, explains Jungnickel. “But organizing the timing as a project manager is just as easy as idea management with MindManager−two or three clicks and finished. This means that my maps do not just have a “content-related” dimension, but also facilitate “time-management”, enabling the triggering of patent applications. I found this so effective that I no longer use Microsoft Project or Excel for project work.” \r\n<span style=\"font-weight: bold;\">The Result</span>\r\nFrom the recording and consolidation of ideas, to the development of innovative ideas, to implementation and production, Dr. Jungnickel manages his complex range of responsibilities at Procter & Gamble exclusively with MindManager. “Not only does working in this way enable me to minimize redundancies”, says the project manager, “it also makes me significantly faster and more efficient. For me, MindManager is the tool that allows me to bring together both creativity and excellent project management within a single interface.” Dr. Jungnickel’s way of working has also influenced the rest of the areas within the company. After a certain amount of initial hesitation among project administrators, who were used to using other PM tools, more and more positive feedback was given regarding MindManager’s capabilities.\r\nDr. Jungnickel himself has his own perspective on “his” tool: “I now see the map as a structured database, in which I deposit all the information, and then at any time it can provide me with a precise overview of where we are in the project.”","alias":"corel-mindmanager-in-the-global-toothbrush-market","roi":0,"seo":{"title":"Corel MindManager in the global toothbrush market","keywords":"Jungnickel, project, with, that, MindManager, information, ideas, management","description":"The development of the latest generation of Oral-B toothbrushes at Procter & Gamble demonstrates how creativity and comprehensive project management can be integrated through the use of software solution MindManager. 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It lets you quickly capture ideas and information, then organize and contextualize them in the same place. Drag topics around, draw connections between different ideas, and park related notes, links and files where they belong – it all stays contained in one clear, easy-to-navigate map.\r\n<span style=\"font-weight: bold;\">Organize with ease</span>\r\nMindManager maps are the ideal way to plan projects, analyze processes, and consolidate and transfer knowledge. You can track deliverables, due dates, priorities, resources, dependencies and more in a shared visual context. 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The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. Project portfolio management, on the other hand, takes into consideration all the projects within a portfolio. The primary objective here is to select and maintain the appropriate mix of projects and to assess the costs, risks, and returns of running these projects in relation to how they match with organizational goals. Simply put, project management is about doing the project right, project portfolio management is about doing the right projects.\r\n<span style=\"font-weight: bold;\">What Problems Can Project Portfolio Management Address?</span>\r\nProject Portfolio Management helps companies avoid project overload and work on projects that are not aligned with the ultimate vision. In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"countries":[],"startDate":"0000-00-00","endDate":"0000-00-00","dealDate":"0000-00-00","price":0,"status":"finished","statusLabel":"Finished","isImplementation":true,"isAgreement":false,"confirmed":1,"implementationDetails":{"businessObjectives":{"id":14,"title":"Business objectives","translationKey":"businessObjectives","options":[{"id":4,"title":"Reduce Costs"},{"id":5,"title":"Enhance Staff Productivity"}]},"businessProcesses":{"id":11,"title":"Business process","translationKey":"businessProcesses","options":[{"id":177,"title":"Decentralized IT systems"},{"id":356,"title":"High costs of routine operations"},{"id":370,"title":"No automated business processes"},{"id":376,"title":"Unstructured data"},{"id":393,"title":"Complex and non-transparent business processes"}]}},"categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. 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In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"additionalInfo":{"budgetNotExceeded":"","functionallyTaskAssignment":"","projectWasPut":"","price":0,"source":{"url":"https://www.mindjet.com/wp-content/uploads/2015/07/Procter-and-Gamble-Case-Study.pdf","title":"Web-site of vendor"}},"comments":[],"referencesCount":0},{"id":357,"title":"CorelDRAW Graphics Suite for Education (School)","description":"Tadcaster Grammar School in North Yorkshire students can now fulfil their full potential with one software package - "Our students now only have to learn one piece of software, and it does everything we need it to do." - Jon Bell is the Head of Design and Technology at TGS\r\nWith over 1500 students aged 11 to 18, Tadcaster Grammar School (TGS) in North Yorkshire is a hive of activity and raw talent – especially when it comes to Design & Technology, an increasingly popular subject area for students. 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With multi-monitor viewing and 4K displays, the suite lets first-time users, graphics pros, small business owners and design enthusiasts deliver professional results with speed and confidence. Discover high-caliber and intuitive tools within your graphic design software to create logos, brochures, web graphics, social media ads or any original project. CorelDRAW your way. Whether you're a first-time user or an experienced designer, CorelDRAW Graphics Suite makes it easy to get started. Learn the basics with this graphic design software or see what's new with a Startup tour, and be productive immediately with a workspace that matches your workflow needs. Benefit from high-quality content and versatile in-product learning resources to enrich your projects. Make the most of your design dexterity with the high-caliber, yet intuitive, features of CorelDRAW Graphics Suite X8. Quickly find fonts for any project with the enhanced font search and filtering feature. Work faster with the enhanced Knife tool that helps you split vector objects, text and bitmaps along any path. Refine your photos with the Healing Clone tool in Corel PHOTO-PAINT and correct perspective distortions in the enhanced Straighten Image dialog box. Personalize Feel right at home with all of your favorite graphics software tools! Adapt your design space to your needs with the updated interface and custom icon size, desktop and window border color. Explore and organize fonts for your projects with the help of the new Corel Font Manager, plus expand your collection of creative tools by purchasing apps, plugins and extensions from within the application. Deliver professional-quality output that will make a lasting impression across any medium: from distinctive logos and signs, to striking marketing materials, web and social media graphics, billboards and more! With its industry-leading file format compatibility and advanced color-management tools, CorelDRAW Graphics Suite provides the flexibility and accuracy you need for all types of projects. Discover a vibrant and inspiring community of CorelDRAW users to assist you along your creative journey.","shortDescription":"CorelDRAW Graphics Suite is software for graphic design","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":6,"sellingCount":13,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"CorelDRAW Graphics Suite","keywords":"your, with, design, CorelDRAW, Suite, graphics, Graphics, tools","description":"Comprehensive graphic design software Combine your creativity with the unparalleled power of CorelDRAW® Graphics Suite to design graphics and layouts, edit photos, and create websites. 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Because each chapter is controlled by the same style sheet, changes are made in one place and applied across the entire document. Authoring and publishing software for reference manuals, academic journals, and other technical publications may also include an equation editor for controlling the appearance of equations and formulas. Support for hypertext markup language (HTML), portable document format (PDF), and cascading style sheets (CSS) is commonly available.","materialsDescription":" <span style=\"font-weight: bold;\">What is authorware?</span>\r\nAuthoring tool, also known as authorware, is a program that helps you write hypertext or multimedia applications. Authoring tools usually enable you to create a final application merely by linking together objects, such as a paragraph of text, an illustration, or a song. By defining the objects' relationships to each other, and by sequencing them in an appropriate order, authors (those who use authoring tools) can produce attractive and useful graphics applications. Most authoring systems also support a scripting language for more sophisticated applications.\r\nThe distinction between authoring tools and programming tools is not clear-cut. Typically, though, authoring tools require less technical knowledge to master and are used exclusively for applications that present a mixture of textual, graphical, and audio data.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Authoring_and_Publishing_Software.png"},{"id":180,"title":"Office Suites","alias":"office-suites","description":"An office suite is a collection of applications bundled together, intended to be used by knowledge workers in an organization. It is used to simplify the tasks and processes of office workers and increase their productivity.\r\nAn office suite is also known as an office application suite or office productivity software.\r\nAn office suite is a collection of software created by the same vendor and designed to be used for routine tasks within an organization. Typically an office suite includes applications such as word processing, spreadsheets, presentation, email, note-taking, database, collaboration and other related types of software. In most cases, each application in the office suite can be installed separately and all applications within the suite support interoperability between each other.\r\nExisting office suites contain wide range of various components. Most typically, the base components include:\r\n<ul><li>Word processor</li><li>Spreadsheet</li><li>Presentation program</li></ul>\r\nOther components of office suites include:\r\n<ul><li>Database software</li><li>Graphics suite (raster graphics editor, vector graphics editor, image viewer)</li><li>Desktop publishing software</li><li>Formula editor</li><li>Diagramming software</li><li>Email client</li><li>Communication software</li><li>Personal information manager</li><li>Notetaking software</li><li>Groupware</li><li>Project management software</li><li>Web log analysis software</li></ul>","materialsDescription":" <span style=\"font-weight: bold;\">What is Office Suites Software?</span>\r\nOffice Suites Software are suites of personal productivity products for creating documents, spreadsheets, presentations and other similar capabilities. The trend in this area in recent years has been to move away from installed, licensed software products towards online products that are accessed over the Internet and are paid via a monthly or annual subscription.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Office_Suites.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"countries":[],"startDate":"0000-00-00","endDate":"0000-00-00","dealDate":"0000-00-00","price":0,"status":"finished","statusLabel":"Finished","isImplementation":true,"isAgreement":false,"confirmed":1,"implementationDetails":{"businessObjectives":{"id":14,"title":"Business objectives","translationKey":"businessObjectives","options":[{"id":7,"title":"Improve Customer Service"},{"id":4,"title":"Reduce Costs"}]},"businessProcesses":{"id":11,"title":"Business process","translationKey":"businessProcesses","options":[{"id":356,"title":"High costs of routine operations"}]}},"categories":[{"id":281,"title":"Authoring and Publishing Software","alias":"authoring-and-publishing-software","description":" Authoring and publishing software is used to author, edit, and publish brochures, books, pamphlets, and other documents.\r\nApplications provide page layout tools and may include various photo editing, video editing, and media management features.\r\n<ul><li>Basic desktop publishing software allows home-based businesses to apply templates, create style sheets, and insert images for newsletters, business cards, and product brochures.</li><li>Intermediate desktop publishing software allows graphic artists and service bureaus to import content from external databases and layout tabular material for scientific publications, technical reports, and academic journals.</li><li>Advanced authoring and publishing software provides tools for pre-flighting, the process of checking digital files for compliance with printing industry standards.</li></ul>\r\nTypically, publishing software with a centralized formatting function uses a single style sheet to provide all of the format specifications for page tags, paragraph and character tags, and frame tags. Because each chapter is controlled by the same style sheet, changes are made in one place and applied across the entire document. Authoring and publishing software for reference manuals, academic journals, and other technical publications may also include an equation editor for controlling the appearance of equations and formulas. Support for hypertext markup language (HTML), portable document format (PDF), and cascading style sheets (CSS) is commonly available.","materialsDescription":" <span style=\"font-weight: bold;\">What is authorware?</span>\r\nAuthoring tool, also known as authorware, is a program that helps you write hypertext or multimedia applications. Authoring tools usually enable you to create a final application merely by linking together objects, such as a paragraph of text, an illustration, or a song. 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It is used to simplify the tasks and processes of office workers and increase their productivity.\r\nAn office suite is also known as an office application suite or office productivity software.\r\nAn office suite is a collection of software created by the same vendor and designed to be used for routine tasks within an organization. Typically an office suite includes applications such as word processing, spreadsheets, presentation, email, note-taking, database, collaboration and other related types of software. In most cases, each application in the office suite can be installed separately and all applications within the suite support interoperability between each other.\r\nExisting office suites contain wide range of various components. Most typically, the base components include:\r\n<ul><li>Word processor</li><li>Spreadsheet</li><li>Presentation program</li></ul>\r\nOther components of office suites include:\r\n<ul><li>Database software</li><li>Graphics suite (raster graphics editor, vector graphics editor, image viewer)</li><li>Desktop publishing software</li><li>Formula editor</li><li>Diagramming software</li><li>Email client</li><li>Communication software</li><li>Personal information manager</li><li>Notetaking software</li><li>Groupware</li><li>Project management software</li><li>Web log analysis software</li></ul>","materialsDescription":" <span style=\"font-weight: bold;\">What is Office Suites Software?</span>\r\nOffice Suites Software are suites of personal productivity products for creating documents, spreadsheets, presentations and other similar capabilities. The trend in this area in recent years has been to move away from installed, licensed software products towards online products that are accessed over the Internet and are paid via a monthly or annual subscription.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Office_Suites.png"}],"additionalInfo":{"budgetNotExceeded":"","functionallyTaskAssignment":"","projectWasPut":"","price":0,"source":{"url":"https://www.coreldraw.com/static/cdgs/pdfs/cdgsx5/tadcastergrammerschool_casestudy.pdf","title":"Web-site of vendor"}},"comments":[],"referencesCount":0}],"userImplementations":[],"userImplementationsCount":0,"supplierImplementationsCount":5,"vendorImplementationsCount":5,"vendorPartnersCount":0,"supplierPartnersCount":1,"b4r":1,"categories":{"58":{"id":58,"title":"CAD for mechanical engineering - Computer-Aided Design","description":"The term "CAD in engineering" usually refers to packages that perform the functions of CAD/CAM/CAE/PDM, that is, computer-aided design, preproduction and design, and engineering data management.\r\nThe first CAD-systems appeared at the stage of computing technology - in the 60s. It was at General Motors that an interactive graphic production preparation system was created, and its creator, Dr. Patrick Henretti (the founder of CAD), was a manufacturing and consulting company (MCS), which had a huge impact on the development of this industry. industry. According to analysts, MCS ideas are based on almost 70% of modern CAD systems. In the early 80s, when the computing power of computers grew significantly, the first CAM packages appeared on the scene, which partially automate the production process using CNC programs and CAE products designed to analyze complex structures. Thus, by the mid-80s, the CAD system in mechanical engineering has a form that still exists. This year there were new players of the "middle weight category". Increased competition has stimulated product development: thanks to a convenient graphical user interface, their use has increased significantly, new solid state modeling mechanisms ACIS and Parasolid have appeared, which are currently used in many modern CAD systems, and the functionality has been significantly expanded.\r\nAccording to the analytical company Daratech, in 1999 the sales of CAD/CAM systems increased by 11.1% over the year, in 2000 by 4.7%, in 2001 by 3.5%, and in 2002 - by 1.3% (preliminary estimate). We can say that the transition to the new century has become a turning point for the CAD market. In this situation, two main trends emerged in the foreground. A striking example of the first trend is the purchase of EDS in 2001 by two well-known developers representing CAD systems - Unigraphics and SDRC, the second is the actively promoted PLM (Product Lifecycle Management) concept, which provides access to information throughout its life cycle.\r\nTraditionally, CAD products in mechanical engineering are divided into four classes: the heavy, medium, light and mature market. Such a classification has developed historically, and although there has long been talk that the boundaries between classes are about to be erased, they remain, since the systems still differ in price and functionality. As a result, now in this area there are several powerful systems, a kind of "oligarchs" of the CAD world, stably developing products of the middle class and inexpensive, easy-to-use programs that are widely distributed. There is also the so-called "non-class stratum of society", the role of which is performed by various specialized solutions.","materialsDescription":" <span style=\"font-weight: bold;\">Why implement CAD?</span>\r\nAt present, computer-aided design (CAD) systems of various types are commonly used at machine-building enterprises. Over the long history of use, they have proven their effectiveness and economic feasibility. However, most system manufacturers cannot give a clear and unambiguous answer, what economic effect will the purchase of their software bring?\r\nWhen choosing one or another system, it is difficult to unambiguously understand which solution will be the most suitable for an organization and why the introduction of CAD is generally necessary? To answer these questions, it is necessary, first of all, to determine the factors by which the economic efficiency of the implementation and use of the system is achieved, as well as refer to the world experience of using CAD systems.\r\nOne of the leaders conducting research in this area is the international research agency Aberdeen Group, which, together with Autodesk, since 2007, has issued a number of reports on this topic:\r\n<ul><li>Additional strategies for building digital and physical prototypes: how to avoid a crisis situation when developing products?</li><li>System design: Development of new products for mechatronics.</li><li>Technical Change Management 2.0: Intelligent Change Management to optimize business solutions.</li><li>Design without borders. Revenue growth through the use of 3D technology.</li></ul>\r\nThe organizations participating in the research were divided into three groups according to how they fulfill their calendar and budget: 20% are best-in-class companies (leading companies), 50% are companies with industry averages and 30% are companies with results below average. Then a comparative analysis was conducted to understand which processes, ways of organizing work and technology were more often used by the best-in-class companies.\r\nAccording to the results of research, the main economic factors affecting the economic efficiency of using CAD are time and money spent on developing prototypes of products of machine-building organizations, as well as time and costs of making changes to prototypes and manufactured products.\r\nThe participating companies were also interviewed about the main factors that, in their opinion, are the most significant prerequisites for the use of computer-aided design tools.\r\n<ul><li>91% of respondents put in the first place a reduction in product design time,</li><li>in second place with 38% - reducing the cost of design,</li><li>further follow: increase in manufacturability of designed products (30%), acceleration of product modifications in accordance with the requirements of Customers (product customization) - 15%.</li></ul>\r\nAn interesting feature is that, despite the great opportunities to reduce costs, as in previous studies, the key factor is the possibility of reducing the design time.\r\n<span style=\"font-weight: bold;\">Why use CAD the best engineering companies?</span>\r\nThe functionality of CAD, which is used by machine-building enterprises to achieve the above effects, can be divided into the following main areas:\r\n<ul><li>Development of the project concept in digital format.</li><li>Creation, optimization and approval of projects.</li><li>Design of electrical and mechanical parts.</li><li>Product data management.</li><li>Visualization of product solutions, reviews, sales and marketing.</li></ul>\r\nIt should be noted that the product data management functionality relates more to PDM / PLM solutions, however, computer-aided design systems are an integral part of them.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/CAD_for_mechanical_engineering_-_Computer-Aided_Design.png","alias":"cad-for-mechanical-engineering-computer-aided-design"},"281":{"id":281,"title":"Authoring and Publishing Software","description":" Authoring and publishing software is used to author, edit, and publish brochures, books, pamphlets, and other documents.\r\nApplications provide page layout tools and may include various photo editing, video editing, and media management features.\r\n<ul><li>Basic desktop publishing software allows home-based businesses to apply templates, create style sheets, and insert images for newsletters, business cards, and product brochures.</li><li>Intermediate desktop publishing software allows graphic artists and service bureaus to import content from external databases and layout tabular material for scientific publications, technical reports, and academic journals.</li><li>Advanced authoring and publishing software provides tools for pre-flighting, the process of checking digital files for compliance with printing industry standards.</li></ul>\r\nTypically, publishing software with a centralized formatting function uses a single style sheet to provide all of the format specifications for page tags, paragraph and character tags, and frame tags. Because each chapter is controlled by the same style sheet, changes are made in one place and applied across the entire document. Authoring and publishing software for reference manuals, academic journals, and other technical publications may also include an equation editor for controlling the appearance of equations and formulas. Support for hypertext markup language (HTML), portable document format (PDF), and cascading style sheets (CSS) is commonly available.","materialsDescription":" <span style=\"font-weight: bold;\">What is authorware?</span>\r\nAuthoring tool, also known as authorware, is a program that helps you write hypertext or multimedia applications. Authoring tools usually enable you to create a final application merely by linking together objects, such as a paragraph of text, an illustration, or a song. By defining the objects' relationships to each other, and by sequencing them in an appropriate order, authors (those who use authoring tools) can produce attractive and useful graphics applications. Most authoring systems also support a scripting language for more sophisticated applications.\r\nThe distinction between authoring tools and programming tools is not clear-cut. Typically, though, authoring tools require less technical knowledge to master and are used exclusively for applications that present a mixture of textual, graphical, and audio data.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Authoring_and_Publishing_Software.png","alias":"authoring-and-publishing-software"},"357":{"id":357,"title":"Procurement","description":" Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.\r\nProcurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.\r\nProcurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion.\r\nAlmost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations.\r\nAn important distinction should be made between analyses without risk and those with risk. Where risk is involved, either in the costs or the benefits, the concept of best value should be employed.\r\nProcurement activities are also often split into two distinct categories, direct and indirect spend. Direct spend refers to the production-related procurement that encompasses all items that are part of finished products, such as raw material, components and parts. Direct procurement, which is the focus in supply chain management, directly affects the production process of manufacturing firms. In contrast, indirect procurement concerns non-production-related acquisition: obtaining "operating resources" which a company purchases to enable its operations. Indirect procurement comprises a wide variety of goods and services, from standardized items like office supplies and machine lubricants to complex and costly products and services like heavy equipment, consulting services, and outsourcing services.\r\nProcurement software (often labeled as e-procurement software) manages the purchasing processes electronically or via cloud computing.","materialsDescription":" <span style=\"font-weight: bold; \">What is Procurement?</span>\r\nProcurement is, quite simply, the act of acquiring goods and/or services through a tendering, or competitive bid, process. This is where the Buyer will release a ‘contract notice’ through an electronic portal (known as e-tendering, or e-procurement software) detailing:\r\n<ul><li>The contract title and description of goods/services required.</li><li>A Specification, and/or Scope of Works.</li><li>The approximate contract value/budget.</li><li>The length of delivery required.</li><li>The location of delivery.</li><li>Details surrounding the timetable for the tendering process, including the submission deadline, site visit dates, and clarification deadlines.</li><li>The tendering documents to be completed (such as SQ / PQQ documents, ITT documents, RFPs or RFQs).</li></ul>\r\nSuppliers (of goods and/or services) will then put together a tender response in line with the provided guidelines and submit them through the provided medium. The Buyer will then assess all of the responses against the evaluation criteria they have chosen and, ultimately, a supplier will be awarded the Contract.\r\n<span style=\"font-weight: bold; \">How is Procurement different from Purchasing?</span>\r\nThe distinction between Procurement and Purchasing can be confusing if you are new to the process, as it is common to hear the terms being used interchangeably. However, in this instance the difference between Procurement and Purchasing is this:\r\nProcurement is the umbrella term for the entire process of sourcing, selecting and acquiring goods or services, from conception to conclusion.\r\nPurchasing is just one small part of the procurement process (the acquisition) and does not cover the other stages, such as the creation of the specification of works, management of the procurement process, bidding/tendering, evaluation/vetting or agreement of terms.\r\n<span style=\"font-weight: bold; \">Why is Procurement Important?</span>\r\nProcurement is an important, democratic process (when done correctly!) which is especially important to businesses for the following reasons:\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It can save you money.</span></span> The procurement process will allow you the best chance to find a supplier (or, suppliers) who most closely matches your needs and requirements, whilst offering the best value for money. Most often, Buyers will evaluate tenders through the MEAT method (Most Economically Advantageous Tender) which involves scoring the cost the supplier has provided, scoring their quality responses and then conflating the two scores to award an overall total mark. The Supplier with the best overall mark is, therefore, the provider of the Most Economically Advantageous Tender.\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It widens the scope of your options.</span></span> As well as allowing the Buyer to find a Supplier who will offer the best value for money, the Procurement process enables Buyers to receive tenders from potential Suppliers across the country, who may offer experience and added value that local Suppliers do not, or cannot. Essentially, the Procurement process levels the playing field and allows the Buyer a better opportunity to gauge the suitability of multiple Suppliers.\r\n<span style=\"font-weight: bold;\">How could Procurement benefit your business?</span>\r\nProcurement specialists are available to advise on specifics relevant to your particular industry and business, but broadly speaking there are several reasons why breaking into Procurement could revolutionize the way you source and acquire goods and services:\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It streamlines the workload.</span></span> If you require a new Supplier to provide an ongoing service, let’s say for 3 years, then you want to be absolutely sure that you are getting the best possible Supplier, and that they will definitely meet all of your requirements. It would be a poor use of staffing resources to dedicate personnel to researching and contacting potential businesses, which could take an inordinate amount of time and still not result in finding a Supplier that meets your requirements. By going through the Procurement process, you can streamline that normally weighty task through following these simple steps:\r\n<ul><li>Identify the need (what service/goods does your business require?).</li><li>Authorize the decision to find a Supplier who can address this need.</li><li>Establish the parameters of the proposed contract (budget/value, duration, essential vs. desirable requirements, etc).</li><li>Create the tender documentation (including the Specification / Scope of Works, Supplier Questionnaire, Instructions to Tenderers, Pricing document, etc).</li><li>Publish the tender through the public Procurement Portal of your choosing.</li><li>Evaluate the tender submissions against your chosen criteria.</li><li>Award the contract to your chosen Supplier.</li></ul>\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">Ensures accountability.</span></span> When you release a detailed contract notice, with corresponding tender documents, that explicitly states your requirements and the standards that the potential Supplier needs to meet (such as minimum annual turnover, compliance with industry-specific standards and evidence of previous experience) companies can then be held fully accountable for ensuring that they meet these requirements before submitting their responses.\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">Prevent corruption.</span></span> By having Suppliers fill out a Supplier Questionnaire you can screen companies for information such as breaches of lawful, environmental or health and safety obligations. Additionally, you can request evidence (in the form of financial records) that they will not pose a financial risk to your operation and are capable of delivering the service. In order to pass the Supplier Questionnaire, Suppliers are required to self-certify that they meet all necessary requirements, and can be held fully accountable if this is not the case.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Procurement.png","alias":"procurement"},"359":{"id":359,"title":"Order Management","description":" Order management is the administration of business processes related to orders for goods or services. Order management is the order-to-cash sales process that sits at the heart of any goods-based B2C and B2B company. Put simply, it’s the end-to-end cycle of receiving and processing a customer order through to fulfillment. \r\nOrder management is not conducted in isolation; it relies upon almost every department in a company: from a customer service team to the warehouse staff, the accounting department through to delivery partners. When mastered effectively, order management ensures a business’s workflow runs smoothly by establishing efficient processes to keep it moving forward; maintaining customer satisfaction and protecting a company’s reputation.\r\nOrder management involves a series of interconnected touchpoints and stakeholders who work collaboratively together to enable customers to order the right products, for the right price and receive them at the right time. The order fulfillment system (as it is also known) not only secures that order-to-cash (O2C) processes run smoothly, but also gives businesses the opportunity to build customer profiles and keep track of inventory volume and sales records.\r\nWhen scaling your business, it’s important to automate and streamline this process — otherwise, you’ll eventually be overwhelmed by the sheer number of orders coming in. An ordering system gives you a one-stop shop to view and manage all customer orders in one place.\r\nSome systems offer a two-way sync that makes sure order information is passed between your order management system and your ecommerce platform while providing you with visibility into the entire process. This can help automate the flow of sales order information to every piece of the supply chain. That means you can track the entire journey of a customer order, from the “Buy” button to delivery — and even returns.\r\nOrder processing is the process or work flow from order placement to delivery. This is a key element of order fulfillment, where reliability and accuracy lead to customer satisfaction. Steps in order processing include picking, sorting, tracking and shipping. Order processing can range from manual (hand written on an order log sheet) to highly technological and data driven (through online orders and order processing software) depending on the operation.\r\nIn order to establish a fast-moving, cost-effective and accurate order management cycle, both B2C and B2B companies are choosing to use an integrated and responsive order management system (OMS). The OMS integrates directly with a business’s ERP and is set up to work alongside the human workforce in order to obtain the most productive and profitable order management cycle possible.\r\nAn integrated order management system may encompass these modules:\r\n<ul><li>Product information (descriptions, attributes, locations, quantities)</li><li>Inventory available to promise (ATP) and sourcing</li><li>Vendors, purchasing, and receiving</li><li>Marketing (catalogs, promotions, pricing)</li><li>Customers and prospects</li><li>Order entry and customer service (including returns and refunds)</li><li>Financial processing (credit cards, billing, payment on account)</li><li>Order processing (selection, printing, picking, packing, shipping) </li></ul>","materialsDescription":"<h1 class=\"align-center\"> <span style=\"font-weight: normal;\">What is OMS software?</span></h1>\r\nAn order management system is a software system that facilitates and manages the execution of trade orders. An order management system is any tool or platform that tracks sales, orders, inventory, and fulfillment as well as enables the people, processes, and partnerships necessary for products to find their way to the customers who bought them. \r\nAn order processing system software should provide one centralized place to manage orders from all sales channels. Centralizing this in one system is critical to delivering a superior customer experience by providing order status, on-time deliveries and meeting customer expectations for buy, fulfill and return anywhere. \r\nThe right solution gives you a foundation for consistent and seamless execution across all customer, financial, inventory and supply chain touch points that drives customer satisfaction, repeat business and long-term loyalty. Additionally, order management systems can improve sales visibility and reduce delays and back orders by giving you a single view of demand, inventory and supply.\r\nAn effective order management system software lets you seamlessly orchestrate the fulfillment of products and services across virtually all your customer touch points. Without a centralized order management system, realizing a comprehensive view of demand, transactions and customers across all channels and fulfillment locations can be extremely difficult.\r\nOrder management software equips you to think beyond the inventory on hand to focus on what's available to promise to your customers. It eliminates costly and rigid inventory segmentation across channels and business units with a single, real-time, consolidated view of inventory across the enterprise, from your suppliers and manufacturing facilities to your warehouse and stores.\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">How to choose the right OMS software?</span></h1>\r\n<ul><li><span style=\"font-weight: bold;\">Define your system objectives and priorities of each.</span> By doing so and discussing with your internal stakeholders, you’ll clearly understand features that are “absolute requirements” vs. ones that are “nice to have.” Don’t forget to factor in scalability and future thinking.</li><li><span style=\"font-weight: bold;\">Draft a request for proposal (RFP)</span>. This will help your team get organized and both you and the vendor(s) understand the technical requirements and limitations of the system you’re hoping to implement. Don’t forget to include order volumes, number of SKUs, current vendor landscape, existing software, hardware, and networks, a timeline for the systems acquisition process, and details on training & enablement.</li><li><span style=\"font-weight: bold;\">Research systems options</span>. It’s unlikely that you’ll find an ideal fit for your business with your first contact (but how amazing would that be), so compile a list of 4-6 vendors to evaluate and reach out to for demos or trails. </li><li><span style=\"font-weight: bold;\">Review trade-offs.</span> It’s unlikely you’ll find a vendor that is a 100% fit and your final selection will be based on a number of trade-off criteria. Feature & function alone shouldn’t be your sole selection criteria as you’ll want to take into account the entirety of the business relationship you’re getting into.</li></ul>\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">How do your customers benefit from an online order management system?</span></h1>\r\nAn online ordering software doesn’t just benefit you, though. It also benefits your customers. The system will give them a quick, convenient, and 24/7 way to place orders without having to call or email your staff, or fill out old-fashioned Excel or Word order forms. They'll have instant, online updates on the status of their orders, and they’ll have greater confidence that their orders will arrive on-time and with the correct items. An online order management system also makes your company look more professional in the eyes of your customers.Here are three ways they benefit:\r\n\r\n<ul><li><span style=\"font-weight: bold;\">They can place orders on their schedule.</span> Between managing employees, servicing customers, and marketing their business, most business owners are working on a very tight schedule. Taking the time to call or email your sales staff or meet with a sales rep can be challenging. Using an online product ordering system that allows customers to log on at their convenience and quickly choose the items they want to order goes a long way for customer service. If they place the same order on a regular basis, they can use a reorder feature which duplicates previous orders. The whole process takes a matter of seconds. So alleviate this challenge by implementing a system that allows your customers to place an order anytime.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">They can check their order status at any time.</span> One of the biggest challenges a business faces is managing their inventory. On one hand, they want to have enough inventory available to service their customers. On the other hand, they don’t want to have inventory piling up on their shelves. There’s a critical need to know with confidence when inventory will arrive.</li></ul>\r\n\r\n<ul><li> <span style=\"font-weight: bold;\">They have a higher probability of receiving the correct order in a timely manner. </span>Nothing will erode your customers' trust more than making errors on their shipments and invoices. If it happens once, that may be forgiven as a simple mistake. However, if it happens repeatedly, your customer is likely to start looking for alternative options. An online order management system with warehouse integration can send the order directly to your third party warehouse. This reduces the probability that an error will be made. The less people who handle the order information, the lower the likelihood for human error.</li></ul>\r\n\r\n","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Order_Management.png","alias":"order-management"},"361":{"id":361,"title":"Financial Performance and Strategy Management Applications","description":" Strategic financial management means not only managing a company's finances but managing them with the intention to succeed—that is, to attain the company's goals and objectives and maximize shareholder value over time. However, before a company can manage itself strategically, it first needs to define its objectives precisely, identify and quantify its available and potential resources, and devise a specific plan to use its finances and other capital resources toward achieving its goals.\r\nStrategic financial management is about creating profit for the business and ensuring an acceptable return on investment (ROI). Financial management is accomplished through business financial plans, setting up financial controls, and financial decision making.","materialsDescription":" <span style=\"font-weight: bold;\">What is financial performance management?</span>\r\nAlso known as corporate performance management, financial performance management refers to the ways that a company manages and monitors financial results across an organization. The primary purpose of financial performance management is to compare actual results to budgets and forecasts and make adjustments accordingly. The result? Companies are better equipped to meet their business goals.\r\nVentana Research describes financial performance management as a specific set of capabilities that includes "defining their company's key performance indicators, formulating strategic plans and forecasts, handling performance reporting, and increasing finance operational efficiency and execution company-wide.”\r\n<span style=\"font-weight: bold;\">What is financial performance management software?</span>\r\nFinancial performance management software, also known as corporate performance management software, streamlines financial management processes. This software connects budgeting, planning, close, consolidation, reporting, and disclosure to a single data source. It enables users to complete these tasks in one software system, as opposed to many separate systems.\r\nIn essence, financial performance management software consolidates information, formats it to meet compliance requirements, and provides automated tools that enable finance to create regulatory reports and disclosures. In addition to a central data repository and workflow tools, financial performance management software has features to create, manage, validate, and publish financial statements and reports. Best-in-class financial performance management software even has a robust suite of communication tools that foster collaboration and improve audit controls.\r\n<span style=\"font-weight: bold;\">What are the benefits of corporate performance management?</span>\r\n<span style=\"font-weight: bold;\">Corporate performance management helps companies become more agile when faced with unexpected business events.</span> With features like KPI dashboards, real-time data, and responsive plans that change as actuals do, CFOs and finance executives can understand what’s happening and take action faster.\r\n<span style=\"font-weight: bold;\">Corporate performance management helps companies make better decisions.</span> CPM systems often have automated features like scenario modeling, rolling forecasts, and what-if scenarios analysis. Using these in combination with a single version of automated data, executives can better analyze performance, respond to change, and make more informed decisions.\r\n<span style=\"font-weight: bold;\">Corporate performance management helps companies focus on analysis.</span> Using corporate performance software, users spend less time on manual tasks like data collection and data entry. Instead, they can focus their time on value-added activities like analyzing profitability, reducing costs, business partnering with executive decision-makers, and developing a strategy.\r\n<span style=\"font-weight: bold;\">Corporate performance management helps companies interpret large amounts of data quickly.</span> CPM as we know it is evolving. Once CPM was purely financial management. Today, organizations are sitting on a treasure trove of information, that if adequately managed, could provide telling insights about the state of business and the direction decision-makers should take next. Modernized CPM solutions help financial users identify these underlying trends, unearth insights, and interpret large amounts of data quickly.\r\n<span style=\"font-weight: bold;\">Corporate performance management aligns the entire organization, from corporate to subsidiaries to divisions to LoBs, departments, and individual contributors all in a single solution.</span> CPM software aligns every part of the organization to a central data source, so collaborators make all decisions, create reports, and perform analysis with financial truth top of mind and with finance at the heart of every decision.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Financial_Performance_and_Strategy_Management_Applications.png","alias":"financial-performance-and-strategy-management-applications"},"363":{"id":363,"title":"Project and Portfolio Management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. Project portfolio management, on the other hand, takes into consideration all the projects within a portfolio. The primary objective here is to select and maintain the appropriate mix of projects and to assess the costs, risks, and returns of running these projects in relation to how they match with organizational goals. Simply put, project management is about doing the project right, project portfolio management is about doing the right projects.\r\n<span style=\"font-weight: bold;\">What Problems Can Project Portfolio Management Address?</span>\r\nProject Portfolio Management helps companies avoid project overload and work on projects that are not aligned with the ultimate vision. In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png","alias":"project-and-portfolio-management"}},"companySizes":"101 to 500 Employees","companyUrl":"www.corel.com","countryCodes":[],"certifications":[],"isSeller":true,"isSupplier":true,"isVendor":true,"presenterCodeLng":"","seo":{"title":"Corel","keywords":"Corel, software, acquiring, titles, such, PaintShop, CorelDRAW, Video","description":"Corel Corporation (from the abbreviation "Cowpland Research Laboratory") is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. It is known for producing software titles such as CorelDRAW, and for acquir","og:title":"Corel","og:description":"Corel Corporation (from the abbreviation "Cowpland Research Laboratory") is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. 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Configurable Microsoft Windows Shell integration Direct write of ZIP archives to CD/DVD Automation of backup jobs Integrated FTP upload Email ZIP archives Support for ARC and ARJ archives if suitable external programs are installed","shortDescription":"WinZip is a shareware file archiver and compressor for Windows, OS X, iOS and Android developed by Corel. It can create archives in Zip file format, and unpack some other archive file formats.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":9,"sellingCount":0,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"WinZip","keywords":"archives, file, files, create, archive, WinZip, Windows, Configurable","description":"WinZip is a shareware file archiver and compressor for Windows, OS X, iOS and Android developed by Corel. It can create archives in Zip file format, and unpack some other archive file formats. Features Pack (create) ZIP archive files. 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That means that the archive must be searchable so that all stored data can be retrieved with context intact.\r\nArchiving software is most commonly a requirement for banking institutions and governments. More stringent privacy laws means that EIA has become a concern for private corporations as well. Archiving software will contain features overlapping Enterprise Search, Data Governance and eDiscovery, and some features in common with ECM.\r\n<h1 class=\"align-center\">What’s the Difference: Backup vs Archive</h1>\r\nBackups and archives serve different functions, yet it’s common to hear the terms used interchangeably in cloud storage. \r\nA <span style=\"font-weight: bold;\">backup </span>is a copy of your data that is made to protect against loss of that data. Typically, backups are made on a regular basis according to a time schedule or when the original data changes. The original data is not deleted, but older backups are often deleted in favor of newer backups.<br /><span style=\"font-weight: bold;\">The goal of a backup</span> is to make a copy of anything in current use that can’t afford to be lost. A backup of a desktop or mobile device might include just the user data so that a previous version of a file can be recovered if necessary.\r\nOn these types of devices an assumption is often made that the OS and applications can easily be restored from original sources if necessary (and/or that restoring an OS to a new device could lead to significant corruption issues). In a virtual server environment, a backup could include.\r\nAn <span style=\"font-weight: bold;\">archive </span>is a copy of data made for long-term storage and reference. The original data may or may not be deleted from the source system after the archive copy is made and stored, though it is common for the archive to be the only copy of the data. \r\nIn contrast to a backup whose purpose is to be able to return a computer or file system to a state it existed in previously, <span style=\"font-weight: bold;\">data archiving can have multiple purposes</span>. An archiving system can provide an individual or organization with a permanent record of important papers, legal documents, correspondence, and other matters.\r\nOften, archive program is used to meet information retention requirements for corporations and businesses. If a dispute or inquiry arises about a business practice, contract, financial transaction, or employee, the records pertaining to that subject can be obtained from the archive.\r\nAn archive is frequently used to ease the burden on faster and more frequently accessed data storage systems. Older data that is unlikely to be needed often is put on systems that don’t need to have the speed and accessibility of systems that contain data still in use. Archival storage systems are usually less expensive, as well, so a strong motivation is to save money on data storage.\r\nArchives are often created based on the age of the data or whether the project the data belongs to is still active. Data archiving solutions might send data to an archive if it hasn’t been accessed in a specified amount of time, when it has reached a certain age, if a person is no longer with the organization, or the files have been marked for storage because the project has been completed or closed.<br /><br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Archiving_Software.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":729,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/CorelDRAW_Graphics_Suite_X8.png","logo":true,"scheme":false,"title":"CorelDRAW Graphics Suite X8 Small Business Edition","vendorVerified":0,"rating":"1.80","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":1,"alias":"coreldraw-graphics-suite-x8-small-business-edition","companyTitle":"Corel","companyTypes":["supplier","vendor"],"companyId":316,"companyAlias":"corel","description":"<span style=\"font-weight: bold;\">Comprehensive graphic design software</span> Combine your creativity with the unparalleled power of CorelDRAW® Graphics Suite X8 to design graphics and layouts, edit photos, and create websites. With advanced support for Windows 10, multi-monitor viewing and 4K displays, the suite lets first-time users, graphics pros, small business owners and design enthusiasts deliver professional results with speed and confidence. Discover high-caliber and intuitive tools within your graphic design software to create logos, brochures, web graphics, social media ads or any original project. CorelDRAW your way. <span style=\"font-weight: bold;\">Jump in</span> Whether you're a first-time user or an experienced designer, CorelDRAW Graphics Suite X8 makes it easy to get started. Learn the basics with this graphic design software or see what's new with a Startup tour, and be productive immediately with a workspace that matches your workflow needs. Benefit from high-quality content and versatile in-product learning resources to enrich your projects. Take advantage of the added power from Windows 10, multi-monitor viewing and the new 4K displays support. <span style=\"font-weight: bold;\">Craft</span> Make the most of your design dexterity with the high-caliber, yet intuitive, features of CorelDRAW Graphics Suite X8. Quickly find fonts for any project with the enhanced font search and filtering feature. Work faster with the enhanced Knife tool that helps you split vector objects, text and bitmaps along any path. Refine your photos with the Healing Clone tool in Corel PHOTO-PAINT X8 and correct perspective distortions in the enhanced Straighten Image dialog box. <span style=\"font-weight: bold;\">Personalize</span> Feel right at home with all of your favorite graphics software tools! Adapt your design space to your needs with the updated interface and custom icon size, desktop and window border color. Explore and organize fonts for your projects with the help of the new Corel Font Manager X8, plus expand your collection of creative tools by purchasing apps, plugins and extensions from within the application. <span style=\"font-weight: bold;\">Delight</span> Deliver professional-quality output that will make a lasting impression across any medium: from distinctive logos and signs, to striking marketing materials, web and social media graphics, billboards and more! With its industry-leading file format compatibility and advanced color-management tools, CorelDRAW Graphics Suite X8 provides the flexibility and accuracy you need for all types of projects. 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With multi-monitor viewing and 4K displays, the suite lets first-time users, graphics pros, small business owners and design enthusiasts deliver professional results with speed and confidence. Discover high-caliber and intuitive tools within your graphic design software to create logos, brochures, web graphics, social media ads or any original project. CorelDRAW your way. Whether you're a first-time user or an experienced designer, CorelDRAW Graphics Suite makes it easy to get started. Learn the basics with this graphic design software or see what's new with a Startup tour, and be productive immediately with a workspace that matches your workflow needs. Benefit from high-quality content and versatile in-product learning resources to enrich your projects. Make the most of your design dexterity with the high-caliber, yet intuitive, features of CorelDRAW Graphics Suite X8. Quickly find fonts for any project with the enhanced font search and filtering feature. Work faster with the enhanced Knife tool that helps you split vector objects, text and bitmaps along any path. Refine your photos with the Healing Clone tool in Corel PHOTO-PAINT and correct perspective distortions in the enhanced Straighten Image dialog box. Personalize Feel right at home with all of your favorite graphics software tools! Adapt your design space to your needs with the updated interface and custom icon size, desktop and window border color. Explore and organize fonts for your projects with the help of the new Corel Font Manager, plus expand your collection of creative tools by purchasing apps, plugins and extensions from within the application. Deliver professional-quality output that will make a lasting impression across any medium: from distinctive logos and signs, to striking marketing materials, web and social media graphics, billboards and more! 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Because each chapter is controlled by the same style sheet, changes are made in one place and applied across the entire document. Authoring and publishing software for reference manuals, academic journals, and other technical publications may also include an equation editor for controlling the appearance of equations and formulas. Support for hypertext markup language (HTML), portable document format (PDF), and cascading style sheets (CSS) is commonly available.","materialsDescription":" <span style=\"font-weight: bold;\">What is authorware?</span>\r\nAuthoring tool, also known as authorware, is a program that helps you write hypertext or multimedia applications. Authoring tools usually enable you to create a final application merely by linking together objects, such as a paragraph of text, an illustration, or a song. By defining the objects' relationships to each other, and by sequencing them in an appropriate order, authors (those who use authoring tools) can produce attractive and useful graphics applications. Most authoring systems also support a scripting language for more sophisticated applications.\r\nThe distinction between authoring tools and programming tools is not clear-cut. Typically, though, authoring tools require less technical knowledge to master and are used exclusively for applications that present a mixture of textual, graphical, and audio data.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Authoring_and_Publishing_Software.png"},{"id":180,"title":"Office Suites","alias":"office-suites","description":"An office suite is a collection of applications bundled together, intended to be used by knowledge workers in an organization. It is used to simplify the tasks and processes of office workers and increase their productivity.\r\nAn office suite is also known as an office application suite or office productivity software.\r\nAn office suite is a collection of software created by the same vendor and designed to be used for routine tasks within an organization. Typically an office suite includes applications such as word processing, spreadsheets, presentation, email, note-taking, database, collaboration and other related types of software. In most cases, each application in the office suite can be installed separately and all applications within the suite support interoperability between each other.\r\nExisting office suites contain wide range of various components. Most typically, the base components include:\r\n<ul><li>Word processor</li><li>Spreadsheet</li><li>Presentation program</li></ul>\r\nOther components of office suites include:\r\n<ul><li>Database software</li><li>Graphics suite (raster graphics editor, vector graphics editor, image viewer)</li><li>Desktop publishing software</li><li>Formula editor</li><li>Diagramming software</li><li>Email client</li><li>Communication software</li><li>Personal information manager</li><li>Notetaking software</li><li>Groupware</li><li>Project management software</li><li>Web log analysis software</li></ul>","materialsDescription":" <span style=\"font-weight: bold;\">What is Office Suites Software?</span>\r\nOffice Suites Software are suites of personal productivity products for creating documents, spreadsheets, presentations and other similar capabilities. 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It lets you quickly capture ideas and information, then organize and contextualize them in the same place. Drag topics around, draw connections between different ideas, and park related notes, links and files where they belong – it all stays contained in one clear, easy-to-navigate map.\r\n<span style=\"font-weight: bold;\">Organize with ease</span>\r\nMindManager maps are the ideal way to plan projects, analyze processes, and consolidate and transfer knowledge. You can track deliverables, due dates, priorities, resources, dependencies and more in a shared visual context. And when things change, you can make adjustments quickly – and immediately clear to everyone.\r\n<span style=\"font-weight: bold;\">Communicate more effectively</span>\r\nMindManager solves problems like missing data, miscommunication and redundancy, by integrating all of the information related to a concept, project or plan from across people, places and platforms into a unified dashboard map that shows you and everyone involved the big picture and little details in the same view.\r\n<span style=\"font-weight: bold;\">Manage from idea to implementation</span>\r\nMove from brainstorming to planning to execution in a single application, and turn ideas into action … right before your eyes.\r\n","shortDescription":"MindManager unlocks that knowledge, by distilling the scattered ideas and disconnected data surrounding a concept, project or plan into structured, interactive visual maps that make information easy to understand, adapt, act on and share.\r\n\r\n","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":6,"sellingCount":16,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"Corel MindManager","keywords":"your, MindManager, information, ideas, knowledge, plan, into, that","description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:title":"Corel MindManager","og:description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:image":"https://old.roi4cio.com/fileadmin/user_upload/Corel_MindManager.png"},"eventUrl":"","translationId":1258,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. Project portfolio management, on the other hand, takes into consideration all the projects within a portfolio. The primary objective here is to select and maintain the appropriate mix of projects and to assess the costs, risks, and returns of running these projects in relation to how they match with organizational goals. Simply put, project management is about doing the project right, project portfolio management is about doing the right projects.\r\n<span style=\"font-weight: bold;\">What Problems Can Project Portfolio Management Address?</span>\r\nProject Portfolio Management helps companies avoid project overload and work on projects that are not aligned with the ultimate vision. In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. This becomes increasingly important and relevant for companies that receive dozens if not hundreds of project proposals.\r\n<span style=\"font-weight: bold;\">What are the key elements of successful portfolio management?</span>\r\nGoals, objectives, governance, approval processes and monitoring portfolio performance.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Project_and_Portfolio_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"suppliedProducts":[{"id":147,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/WinZip.png","logo":true,"scheme":false,"title":"WinZip","vendorVerified":0,"rating":"1.80","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":1,"alias":"winzip","companyTitle":"Corel","companyTypes":["supplier","vendor"],"companyId":316,"companyAlias":"corel","description":"WinZip is a shareware file archiver and compressor for Windows, OS X, iOS and Android developed by Corel. 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Data archiving software are typically implemented and maintained by a company’s data team, and they can be used by companies of any size.\r\nWhile similar to a backup software solution, archiving solution handles the original data as opposed to a copy of that data. To qualify for the data archiving solutions category, a product must: \r\n<ul><li>Store both structured and unstructured data</li><li>Provide data management options for archived data</li><li>Protect access to archived data</li></ul>","materialsDescription":"<h1 class=\"align-center\"> What is Archiving Software?</h1>\r\nArchiving Software supports enterprises in retaining and rapidly retrieving structured and unstructured data over time while complying with security standards and the like. File archiving may include images, messages (e.g. IMs, social media posts, etc.), emails, and content from web pages and social sites. Compliant data retention may require retaining data in its native form and context so that it can be understood.\r\nAlso called Enterprise Information Archiving (EIA), archiving software is designed to meet discovery requirements. That means that the archive must be searchable so that all stored data can be retrieved with context intact.\r\nArchiving software is most commonly a requirement for banking institutions and governments. More stringent privacy laws means that EIA has become a concern for private corporations as well. Archiving software will contain features overlapping Enterprise Search, Data Governance and eDiscovery, and some features in common with ECM.\r\n<h1 class=\"align-center\">What’s the Difference: Backup vs Archive</h1>\r\nBackups and archives serve different functions, yet it’s common to hear the terms used interchangeably in cloud storage. \r\nA <span style=\"font-weight: bold;\">backup </span>is a copy of your data that is made to protect against loss of that data. Typically, backups are made on a regular basis according to a time schedule or when the original data changes. The original data is not deleted, but older backups are often deleted in favor of newer backups.<br /><span style=\"font-weight: bold;\">The goal of a backup</span> is to make a copy of anything in current use that can’t afford to be lost. A backup of a desktop or mobile device might include just the user data so that a previous version of a file can be recovered if necessary.\r\nOn these types of devices an assumption is often made that the OS and applications can easily be restored from original sources if necessary (and/or that restoring an OS to a new device could lead to significant corruption issues). In a virtual server environment, a backup could include.\r\nAn <span style=\"font-weight: bold;\">archive </span>is a copy of data made for long-term storage and reference. The original data may or may not be deleted from the source system after the archive copy is made and stored, though it is common for the archive to be the only copy of the data. \r\nIn contrast to a backup whose purpose is to be able to return a computer or file system to a state it existed in previously, <span style=\"font-weight: bold;\">data archiving can have multiple purposes</span>. An archiving system can provide an individual or organization with a permanent record of important papers, legal documents, correspondence, and other matters.\r\nOften, archive program is used to meet information retention requirements for corporations and businesses. If a dispute or inquiry arises about a business practice, contract, financial transaction, or employee, the records pertaining to that subject can be obtained from the archive.\r\nAn archive is frequently used to ease the burden on faster and more frequently accessed data storage systems. Older data that is unlikely to be needed often is put on systems that don’t need to have the speed and accessibility of systems that contain data still in use. Archival storage systems are usually less expensive, as well, so a strong motivation is to save money on data storage.\r\nArchives are often created based on the age of the data or whether the project the data belongs to is still active. Data archiving solutions might send data to an archive if it hasn’t been accessed in a specified amount of time, when it has reached a certain age, if a person is no longer with the organization, or the files have been marked for storage because the project has been completed or closed.<br /><br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Archiving_Software.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":729,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/CorelDRAW_Graphics_Suite_X8.png","logo":true,"scheme":false,"title":"CorelDRAW Graphics Suite X8 Small Business Edition","vendorVerified":0,"rating":"1.80","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":1,"alias":"coreldraw-graphics-suite-x8-small-business-edition","companyTitle":"Corel","companyTypes":["supplier","vendor"],"companyId":316,"companyAlias":"corel","description":"<span style=\"font-weight: bold;\">Comprehensive graphic design software</span> Combine your creativity with the unparalleled power of CorelDRAW® Graphics Suite X8 to design graphics and layouts, edit photos, and create websites. With advanced support for Windows 10, multi-monitor viewing and 4K displays, the suite lets first-time users, graphics pros, small business owners and design enthusiasts deliver professional results with speed and confidence. Discover high-caliber and intuitive tools within your graphic design software to create logos, brochures, web graphics, social media ads or any original project. CorelDRAW your way. <span style=\"font-weight: bold;\">Jump in</span> Whether you're a first-time user or an experienced designer, CorelDRAW Graphics Suite X8 makes it easy to get started. Learn the basics with this graphic design software or see what's new with a Startup tour, and be productive immediately with a workspace that matches your workflow needs. Benefit from high-quality content and versatile in-product learning resources to enrich your projects. Take advantage of the added power from Windows 10, multi-monitor viewing and the new 4K displays support. <span style=\"font-weight: bold;\">Craft</span> Make the most of your design dexterity with the high-caliber, yet intuitive, features of CorelDRAW Graphics Suite X8. Quickly find fonts for any project with the enhanced font search and filtering feature. Work faster with the enhanced Knife tool that helps you split vector objects, text and bitmaps along any path. Refine your photos with the Healing Clone tool in Corel PHOTO-PAINT X8 and correct perspective distortions in the enhanced Straighten Image dialog box. <span style=\"font-weight: bold;\">Personalize</span> Feel right at home with all of your favorite graphics software tools! Adapt your design space to your needs with the updated interface and custom icon size, desktop and window border color. Explore and organize fonts for your projects with the help of the new Corel Font Manager X8, plus expand your collection of creative tools by purchasing apps, plugins and extensions from within the application. <span style=\"font-weight: bold;\">Delight</span> Deliver professional-quality output that will make a lasting impression across any medium: from distinctive logos and signs, to striking marketing materials, web and social media graphics, billboards and more! With its industry-leading file format compatibility and advanced color-management tools, CorelDRAW Graphics Suite X8 provides the flexibility and accuracy you need for all types of projects. 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With multi-monitor viewing and 4K displays, the suite lets first-time users, graphics pros, small business owners and design enthusiasts deliver professional results with speed and confidence. Discover high-caliber and intuitive tools within your graphic design software to create logos, brochures, web graphics, social media ads or any original project. CorelDRAW your way. Whether you're a first-time user or an experienced designer, CorelDRAW Graphics Suite makes it easy to get started. Learn the basics with this graphic design software or see what's new with a Startup tour, and be productive immediately with a workspace that matches your workflow needs. Benefit from high-quality content and versatile in-product learning resources to enrich your projects. Make the most of your design dexterity with the high-caliber, yet intuitive, features of CorelDRAW Graphics Suite X8. Quickly find fonts for any project with the enhanced font search and filtering feature. Work faster with the enhanced Knife tool that helps you split vector objects, text and bitmaps along any path. Refine your photos with the Healing Clone tool in Corel PHOTO-PAINT and correct perspective distortions in the enhanced Straighten Image dialog box. Personalize Feel right at home with all of your favorite graphics software tools! Adapt your design space to your needs with the updated interface and custom icon size, desktop and window border color. Explore and organize fonts for your projects with the help of the new Corel Font Manager, plus expand your collection of creative tools by purchasing apps, plugins and extensions from within the application. Deliver professional-quality output that will make a lasting impression across any medium: from distinctive logos and signs, to striking marketing materials, web and social media graphics, billboards and more! With its industry-leading file format compatibility and advanced color-management tools, CorelDRAW Graphics Suite provides the flexibility and accuracy you need for all types of projects. Discover a vibrant and inspiring community of CorelDRAW users to assist you along your creative journey.","shortDescription":"CorelDRAW Graphics Suite is software for graphic design","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":true,"bonus":100,"usingCount":6,"sellingCount":13,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"CorelDRAW Graphics Suite","keywords":"your, with, design, CorelDRAW, Suite, graphics, Graphics, tools","description":"Comprehensive graphic design software Combine your creativity with the unparalleled power of CorelDRAW® Graphics Suite to design graphics and layouts, edit photos, and create websites. 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Because each chapter is controlled by the same style sheet, changes are made in one place and applied across the entire document. Authoring and publishing software for reference manuals, academic journals, and other technical publications may also include an equation editor for controlling the appearance of equations and formulas. Support for hypertext markup language (HTML), portable document format (PDF), and cascading style sheets (CSS) is commonly available.","materialsDescription":" <span style=\"font-weight: bold;\">What is authorware?</span>\r\nAuthoring tool, also known as authorware, is a program that helps you write hypertext or multimedia applications. Authoring tools usually enable you to create a final application merely by linking together objects, such as a paragraph of text, an illustration, or a song. By defining the objects' relationships to each other, and by sequencing them in an appropriate order, authors (those who use authoring tools) can produce attractive and useful graphics applications. Most authoring systems also support a scripting language for more sophisticated applications.\r\nThe distinction between authoring tools and programming tools is not clear-cut. Typically, though, authoring tools require less technical knowledge to master and are used exclusively for applications that present a mixture of textual, graphical, and audio data.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/Authoring_and_Publishing_Software.png"},{"id":180,"title":"Office Suites","alias":"office-suites","description":"An office suite is a collection of applications bundled together, intended to be used by knowledge workers in an organization. It is used to simplify the tasks and processes of office workers and increase their productivity.\r\nAn office suite is also known as an office application suite or office productivity software.\r\nAn office suite is a collection of software created by the same vendor and designed to be used for routine tasks within an organization. Typically an office suite includes applications such as word processing, spreadsheets, presentation, email, note-taking, database, collaboration and other related types of software. In most cases, each application in the office suite can be installed separately and all applications within the suite support interoperability between each other.\r\nExisting office suites contain wide range of various components. Most typically, the base components include:\r\n<ul><li>Word processor</li><li>Spreadsheet</li><li>Presentation program</li></ul>\r\nOther components of office suites include:\r\n<ul><li>Database software</li><li>Graphics suite (raster graphics editor, vector graphics editor, image viewer)</li><li>Desktop publishing software</li><li>Formula editor</li><li>Diagramming software</li><li>Email client</li><li>Communication software</li><li>Personal information manager</li><li>Notetaking software</li><li>Groupware</li><li>Project management software</li><li>Web log analysis software</li></ul>","materialsDescription":" <span style=\"font-weight: bold;\">What is Office Suites Software?</span>\r\nOffice Suites Software are suites of personal productivity products for creating documents, spreadsheets, presentations and other similar capabilities. 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It lets you quickly capture ideas and information, then organize and contextualize them in the same place. Drag topics around, draw connections between different ideas, and park related notes, links and files where they belong – it all stays contained in one clear, easy-to-navigate map.\r\n<span style=\"font-weight: bold;\">Organize with ease</span>\r\nMindManager maps are the ideal way to plan projects, analyze processes, and consolidate and transfer knowledge. You can track deliverables, due dates, priorities, resources, dependencies and more in a shared visual context. And when things change, you can make adjustments quickly – and immediately clear to everyone.\r\n<span style=\"font-weight: bold;\">Communicate more effectively</span>\r\nMindManager solves problems like missing data, miscommunication and redundancy, by integrating all of the information related to a concept, project or plan from across people, places and platforms into a unified dashboard map that shows you and everyone involved the big picture and little details in the same view.\r\n<span style=\"font-weight: bold;\">Manage from idea to implementation</span>\r\nMove from brainstorming to planning to execution in a single application, and turn ideas into action … right before your eyes.\r\n","shortDescription":"MindManager unlocks that knowledge, by distilling the scattered ideas and disconnected data surrounding a concept, project or plan into structured, interactive visual maps that make information easy to understand, adapt, act on and share.\r\n\r\n","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":6,"sellingCount":16,"discontinued":0,"rebateForPoc":0,"rebate":7,"seo":{"title":"Corel MindManager","keywords":"your, MindManager, information, ideas, knowledge, plan, into, that","description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:title":"Corel MindManager","og:description":"Somewhere in all the information bombarding your devices, flooding your inbox and filling your mind is the actual knowledge you need to organize your day, run your projects, manage your team, grow your business and be successful.\r\nMindManager unlocks that know","og:image":"https://old.roi4cio.com/fileadmin/user_upload/Corel_MindManager.png"},"eventUrl":"","translationId":1258,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":363,"title":"Project and Portfolio Management","alias":"project-and-portfolio-management","description":"<span style=\"font-weight: bold;\">Project Portfolio Management (PPM)</span> is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. The International standard defines the framework of the Project Portfolio Management.\r\nPPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs. Portfolio Managers define Key Performance Indicators and the strategy for their portfolio.\r\n<span style=\"font-style: italic;\">Pipeline Management.</span> Pipeline management involves steps to ensure that an adequate number of project proposals are not generated and not evaluated to determine whether (and how) a set of projects in the portfolio can be executed with finite development resources in a specified time. There are three major sub-components to pipeline management: ideation, work intake processes, and Phase-Gate reviews. Fundamental to pipeline management is the ability to align the decision-making process for estimating and selecting new capital investment projects with the strategic plan.\r\n<span style=\"font-style: italic;\">Resource Manager.</span> The focus on the efficient and effective deployment of an organization’s resources where and when they are needed. These can include financial resources, inventory, human resources, technical skills, production, and design. In addition to project-level resource allocation, users can also model ‘what-if’ resource scenarios, and extend this view across the portfolio.\r\n<span style=\"font-style: italic;\">Change Control.</span> The capture and prioritization of change requests that can include new requirements, features, functions, operational constraints, regulatory demands, and technical enhancements. PPM provides a central repository for these change requests and the ability to match available resources to evolving demand within the financial and operational constraints of individual projects.\r\n<span style=\"font-style: italic;\">Financial Management.</span> With PPM, the Office of Finance can improve their accuracy for estimating and managing the financial resources of a project or group of projects. In addition, the value of projects can be demonstrated in relation to the strategic objectives and priorities of the organization through financial controls and to assess progress through earned value and other project financial techniques.\r\n<span style=\"font-style: italic;\">Risk Management.</span> An analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. The integration of cost and schedule risk management with techniques for determining contingency and risk response plans, enable organizations to gain an objective view of project uncertainties.","materialsDescription":" <span style=\"font-weight: bold;\">What’s the difference between Project Management and Project Portfolio Management?</span>\r\nProject management is focused on an individual project, making sure it achieves its objectives and adheres to cost schedule baselines and performance standards. Project portfolio management, on the other hand, takes into consideration all the projects within a portfolio. The primary objective here is to select and maintain the appropriate mix of projects and to assess the costs, risks, and returns of running these projects in relation to how they match with organizational goals. Simply put, project management is about doing the project right, project portfolio management is about doing the right projects.\r\n<span style=\"font-weight: bold;\">What Problems Can Project Portfolio Management Address?</span>\r\nProject Portfolio Management helps companies avoid project overload and work on projects that are not aligned with the ultimate vision. In other words, project portfolio management helps companies to work towards their goals without getting sidetracked by too many shiny pennies (ie. projects that appear to be enticing but actually drain their resources for little return).\r\n<span style=\"font-weight: bold;\">How does Project Portfolio Management help with new product development?</span>\r\nProject Portfolio Management supports companies in assessing, evaluating and ranking new product ideas before they become projects, so that time, money and human resources can be spent working on projects that support strategic objectives. 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