On the surface, the core function of a PPM solution is to collect and organise all the data relative to an organisations products and projects, and provide the tools to act upon that data. But by doing so, it has a much deeper effect on processes which smart organisations use to their benefit to evolve their methods for developing new products, and making better decisions.
Our current unprecedented times are also times of unprecedented uncertainty. Economic and market landscapes are almost unrecognizable compared to a few months ago. These changes are likely to continue well into the future. Now is the time to act fast, make the necessary strategy changes, and thoughtfully rationalize and rebalance your project and innovation portfolios.
The 13th annual Pharmaceutical Resource Planning and Portfolio Management conference explored industry standards for resource planning and governance processes as well as identifying new ways to maximize portfolio value.
When planning resources for a project, a resource’s time available is seldom 5-days-a-week, 8-hours-a-day of continuous productive work. So a task which in the absolute should take 10 days to perform will, in the real world, take a bit (or a lot) longer.
