|[February 26, 2013]
From Chaos to Control: Planview Reveals Global State of Resource Management and Capacity Planning
AUSTIN, Texas --(Business Wire)--
Lost productivity, staying in crisis mode and delayed time to market are
hampering large organizations with limited capabilities to answer this
question: "How do we make the best use of our limited resources and
focus them on work that matters " This is the feedback from more than
600 executives and managers who participated in the most comprehensive
study ever on the state
of resource management and capacity planning at complex, global
Commissioned by Planview® and conducted by Appleseed Partners
and OpenSky Research, the study found that organizations committed to
mature business practices, technology and processes solve more strategic
problems and experience tangible business benefits. Representing 17
countries around the globe, the online survey respondents manage the
human resources that deliver products, projects and/or service
engagements via IT, product development, services or enterprise project
management offices (PMOs).
Through the lens of a maturity model created specifically for the
survey, the report describes organizations' pain points and causes,
business risks, software use and best practices. The results show that
organizations can move up the maturity scale from a state of chaos to a
state of control of their resources.
Shared resources without centralized planning: 80 percent of
respondents share resources across projects, teams, departments and/or
countries. However, only 45 percent report having a resource
management and capacity planning function, resulting in resource
misuse, misalignment, and cost and quality issues.
Top maturity level evades most: Only five percent report being
at the highest maturity level. Two-thirds of organizations are in
early to mid-level maturity brackets.
Top pain point is "constant change": This is followed by "not
enough visibility into capacity" and "ineffective demand
prioritization." Lower maturity organizations have less insight into
demand, making project prioritization challenging.
Top business risks are "lost productivity" and "remaining in crisis
mode": The risk of remaining in crisis mode reduces by half or
more as organizations move up the maturity spectrum. Delayed time to
market and wasting high-value resources on low-value projects tied for
the third-highest business risk.
Software usage varies by maturity level: 60 percent of mature
organizations use enterprise software, and in particular project
portfolio management (PPM) solutions, better enabling them to
select the right opportunities and match the right people to them. By
contrast, nearly 70 percent of less mature companies use spreadsheets
and project tools as their primary tools, making basic visibility into
demand or capacity challenging.
Mature Organizations Share Characteristics
The study finds key similarities and best practices in companies that
are successfully bridging resource management and capacity planning to
move from chaos to control: Mature organizations secure executive
buy-in, have dedicated functions to run resource management and capacity
planning activities and use project portfolio management software to
optimize their assets. They can better prioritize projects, see what
people are working on, identify bottlenecks, and run what-if scenarios
on demand to adapt to change. The resulting business benefits include
increased productivity, maximized revenue and lower costs.
For more information and a set of recommendations for improving resource
management and capacity planning, download the study here: http://planview.com/rmcp-survey.
Planview will host a Webinar to discuss the research findings featuring
Jerry Manas, Planview senior editor, and Maureen Carlson, Appleseed
partner, to be held on Thursday, Feb. 28, 2013, at 11:00 a.m. EST. To
register for either the live broadcast or the on-demand recording, visit http://www.planview.com/m1/resource-management-planning-study/.
"This study shows just how much risk businesses take on when they don't
address resource management and capacity planning challenges, and
continue to overcommit and underutilize their finite resources," said
Carlson. "The good news is that a quarter of organizations in this study
are breaking through to solve more strategic problems than their
counterparts facing chaos, and basic supply and demand visibility
"According to these results, organizations are very concerned that they
are assigning resources to projects without sufficient information, due
consideration of priorities, and tying capacity planning to resource
management which negatively impacts the business," said Linda Roach,
vice president of marketing, Planview. "The study also shows that
organizations have a blueprint for increasing their maturity level by
modeling themselves on those higher up the scale and leveraging best
practices, the right technology and improved processes."
Watch the video: http://www.youtube.com/watch v=YmYqIZLE9h0
the infographic and screen shots: http://www.planview.com/who-we-are/press-releases/press-release-130226/
the Planview Portfolio Perspectives blog: http://www.planview.com/portfolio-perspectives-blog/
Planview on Twitter (News - Alert): https://twitter.com/planview
helps enterprises drive innovation, become more agile and efficient, and
improve their business performance. For more than 20 years, leading
organizations have been making better decisions using our solutions to
optimize the planning and execution of their business strategy. As the
market leader in portfolio management, Planview combines a passion for
customer success with a commitment to innovation and thought leadership.
Throughout the enterprise, Planview customers use portfolio management
to capitalize on business opportunities and thrive in a dynamic, global
economy. For more information, visit http://www.planview.com.
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