If you are starting your journey with ServiceNow's Project Portfolio Management of Strategic Portfolio Management – this guide will provide a brief overview about Project Portfolio Management and how to get started with it.
Quick Overview
- Understanding Project Portfolio Management
- Business Outcomes of ServiceNow’s Project Portfolio Management
- Important Demos and Recommended Courses
- Additional Resources
Understanding Project Portfolio Management
Is your organization adopting new technologies, processes, and adapt to new ways of working? Are you using these new technologies to create sustainable competitive advantages, unlock business insights, and pivot to support whatever challenges that arise in our ever-changing world? What are the strategies in place to ensure success?
To align investments to implement strategy and deliver business outcomes, portfolio managers need the right tools to respond quickly and decisively when changes are needed.
Business Outcomes of ServiceNow's Project Portfolio Management
ServiceNow’s Project Portfolio Management (PPM) is part of Strategic Portfolio Management. It enables you to prioritize key goals, objectives, KPIs, and/or OKRs; define and fund investments to achieve them while providing product/program owners the tools to allocate resources at a granular level–all in a single platform.
Anyone in a planning role can ensure that work is prioritized, scheduled, and delivered–even as strategies and needs evolve.
PPM helps to:
- Provide a centralized view of all demand and work
- Ensure all work is strategically aligned
- Continually optimize resources to increase business agility
- Provide status visibility and performance data
- Gain visibility of both traditional and agile methods
Important Demos and Recommended Courses
1. Project Management Workspace:
ServiceNow’s Project Management Workspace allows you to seamlessly plan and manage projects of any size or complexity from a single, intuitive workspace.
Demo Video
Introducing the New Project Workspace (San Deigo)
2. Timecard Management:
The Timecard management allows you to gain confidence in ‘actuals’ that drive key financial indicators and resource utilization.
Demo Video
3. Resource Management:
The resource management in the PPM provides you the ability to align the right people with the right work at the right time to optimize resource utilization and cost. This helps you manage and adapt using up-to-date availability and constraints.
Demo Video
Resource Management (from 19:11 to 23:11 Min) from our Last Thursdays webinars can provide you with good starting point in understanding best practices.
Demand Management
You can visit the Quick Start Guide for Demand Management for more understanding.
Recommended Courses
- Project Portfolio Management Fundamentals (Beginners)
- Highly Recommended Pre-Requisite: Get Started with Innovation Management
- Project Portfolio Management Fundamentals (On-Demand)
Additional Resources
You can also view our Aligning Strategy and work with SPM video to help you along with the SPM journey.
And to learn more on the latest features of SPM please refer to our Delta Decks.
You may also subscribe to our SPM Community pages to get recent & key updates.
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