Financial Services organizations are expected to meet two seemingly opposing goals: efficiency and growth. CIOs must be able to deliver on both efficiency and growth while balancing these capabilities across their complex organizations. With this charter, IT needs to be able to collaborate, analyze issues and provide recommendations that enhances both the top and bottom line growth of the enterprise.
CIOs today needs to:
- Effectively manage across business units or regions that have differing objectives
- Assess tradeoffs between managing for efficiency and managing for growth
- Align IT operations with business to achieve these goals
Primavera provides the tools necessary to successfully plan and manage your IT portfolio to achieve strategic objectives. Dashboards, financial analytics, and configurable reports with multiple views ensure you have precisely the information you need to make critical decisions. With Primavera, you will improve your company’s performance, integrate your IT organization and drive innovative values.
Solution proposed: Primavera P6 & Primavera ProSight
Business Challenges: Planning
Ensure that IT is meeting the strategic objectives of the institution
Select, prioritize and align IT assets with business objectives with Primavera:
- Identify and rationalize which applications and projects to keep, which to retire, which demand a different resource mix, and which to outsource
- Measure the contributions of applications to business objectives, and define the total cost of ownership
- Prevent applications from performing redundant or overlapping functions
- Balance the application portfolio
Create and enforce a more disciplined IT governance process
With Primavera you can use best practices templates as you capture critical information at the planning stage:
- Involve stakeholders in a disciplined selection and prioritization process
- Collaboratively develop common metrics that demonstrate project and application performance and cost
- Quickly and clearly communicate decision
Monitor the health of your IT portfolios
Primavera enables you to:
- Balance portfolios, ensuring that your application, intellectual and financial capital maximizes business growth
- Drill down and quickly understand performance by business unit
- Convey investment progress and results to your C-level colleagues in easy-to-understand formats
Business Challenges: Execution
Improve execution and delivery
With Primavera, you will confidently:
- Identify problem areas before it’s too late, by having a clear picture of performance criteria and current project status
- Model the impact of mid-course adjustments and propose necessary changes and additions
Quickly respond to shifting priorities by balancing skills against portfolio requirements
Primavera enables you to have the right skills in place to satisfy the resource demands for the proposed portfolio of work and optimize the use of global resources and minimize cost:
Provide visibility into the status of projects
Primavera provides stakeholders with pre-configured dashboards that deliver up-to-date status information on all IT initiatives, allowing stakeholders to drill down from a high-level view into more details:
Assess the ROI of key projects and identify associated risks
Primavera enables you to proactively identify the critical tasks within the project and assess the risk probabilities that would impact your project success:
