Wednesday, 4 January 2012

Enterprise Project Management (EPM)

Here We concentrate on Enterprise project management because It is Main Part of ERP.


Enterprise Project Management (EPM), in broad terms, is the field of organizational development that supports organizations in managing integrally and adapting themselves to changes and bring new resources to customers.


  • In recent years, with general adoption of (IT) governance practices, Enterprise Project Management has become more specific: whereas in the 1990s focus was generally on the management of the single project, in the subsequent decade the focus lay more on the fact that a project is likely to not be the only one in the enterprise. The project co-exists with many other projects in the enterprise, or may be part of one or more programs. It may utilize (human) resources that are shared among other projects.

  •   In order to facilitate governance, it has become essential to be able to manage, monitor, and assess the status of all projects (and other assets, of course) in the enterprise, through a set of (preferably uniform) Enterprise Project Management processes, methods and application packages.

  • Typically, organizations that adopt an Enterprise Project Management way of working might set up a Project Management Office (PMO) ( In a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization) 

  • Enterprise Project Management Office (EPMO, which is said to be more successful than a traditional PMO in addressing the priorities of the organization as its scope is enterprise-wide might select and adopt a Project Management Methodology like PRINCE2, PMBOK (or create a proprietary method) or follow the concepts of IPMA Competence Baseline as a foundation for development and certification of project managers and their knowledge, experience and behaviour. They might even select and implement a software system to support Enterprise Project Management.


  • An even more recent evolution in Enterprise Project Management is to not only plan and track the existing set of projects, but to create a portfolio (per budget size, per calendar year, per budget year, per business line, etcetera) of existing and future (demand) projects. This is called Project Portfolio Management. Just like with a portfolio of shares, Project Portfolio Management is the activity of selecting which projects to keep in portfolio (because of their anticipated value) and which ones to discard (because of their obsoleteness or because they will not yield the value that was initially calculated). 



  • Project Portfolio Management includes the creation of various scenarios to decide which is the best portfolio (for a certain year, business, budget, etcetera). Once the contents of the portfolio are agreed upon, it is key to constantly scrutinize how the individual projects are evolving in terms of quality, cost and schedule.


  • From an IT management perspective, Enterprise Management essentially means enterprise-wide network administration, which is becoming increasingly complex. The corporate network environment is no longer tied to a single vendor, let alone a single platform. More and more, corporate intranets are multidomain, multiprotocol, multiplatform systems. They contain hardware and operating systems from a number of different, competing vendors. This situation creates administrative overhead that can easily make the cost of owning such networks prohibitive for all but the largest and most profitable organizations.


  • Implementing an Enterprise Project Management toolset needs to be considered in light of the organization's Project Management Maturity and the methodologies, processes and governance structures that are currently in place. There are many organizations that can support such implementations.

6 comments:

  1. I actually enjoyed reading through this posting.Many thanks.






    Project Management Certification

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    1. Tag: PM200A56. Let me share all of you about #5 Tips for Project Management Success,, I hope you enjoy it

      1. Plan your day using time management techniques

      As a project manager, time management skills are essential because you are dealing with a wide range of tasks that demand a quick turnaround time. Planning your day will go a long way in keeping you organized and increasing your productivity. Assist your task planning by using project management software which helps you track the work of you and your team.

      If you are not very tech savvy, a simple to-do list can also be a great organizational tool. Prioritize your most important tasks by putting them at the top of the list and less important ones at the bottom. Having a visual plan of your daily tasks helps to keep you on track and aware of time.

      Related post: Free ebook 104 secrets to become a great project manager

      2. Include stakeholders in important project conversations

      While you will have plenty of responsibilities regarding the project, don’t neglect your clients.

      Good communication is essential is keeping both parties informed of project progression, curtailing scope creep, and apprised of changing requirements. Some clients may have different expectations when it comes to communication, so make sure to establish the frequency and type of communication (like emails, phone calls, and face-to-face conversations) at the beginning of your project.

      Establishing communication expectations early helps alleviate stakeholder uncertainty about communication frequency and delivery.

      3. Regularly communicate with your team

      Daily team communication helps keep misunderstandings and unclear requirements under control. Keeping your team informed in every step of the project is essential to project management success.

      For example, a study published by Procedia Technology found that good communication skills were the cornerstone of project management. The study examined over 300 “construction project managers, architects, construction managers, engineers and quantity surveyors” and their successes and failures on various construction projects.

      4. Anticipate project setbacks

      Even the best-laid plans often go awry.

      Remember that even with a high amount of planning and attention to detail, your project may still encounter some challenges. Pay attention to complaints from stakeholders or colleagues, and other warning signs, like a missed deadline or cost overrun, that there may be a problem.

      Preventing a crisis will keep your project running smoothly, save you a lot of time, and keep you, your team, and your stakeholders confident in progressing with the project.

      Unfortunately not every complication can be avoided. Crisis management skills are essential for dealing with the unexpected. Project managers need to be flexible and pragmatic. Improvise and make sharp decisions when needed.

      Related post: 92 free project management templates

      5. Stay focused on the details

      A common problem project managers encounter is having the project aims not aligned with the organization’s objectives. A great project manager will strategize a plan for the project to lead back to the overall success of the business.

      Know your project’s scope by heart and avoid wandering outside of the project’s requirements. It’s too easy to get lost in minor details and forget what your focus is, so a well-planned project scope is essential for success.

      And final, you should use KPI to measure effectiveness of the project, here are full list: 76 project management KPIs


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  2. Hi , I am pondering over attending any PMP prep course / PMP classes to get PMP credentials. What are your thoughts? Would that be worth the money spent professionally?

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  3. An agile process tends to focus on iterations, and client feedback, to allow for the inevitabilty of changing requirements whereas a waterfall process tries to define all requirements up front, and tends to be inflexible to changing requirements. You can learn more about agile and scrum by referring to some free resouces (http://www.scrumstudy.com/free-resources.asp) provided by scrumstudy or by attending any agile scrum certification courses. I would personally suggest Agile Expert Certified course or Scrum Master Certification to you.

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  5. Very nice post here thanks for it I always like and search such topics and everything connected to them.Excellent and very cool idea and the subject at the top of magnificence and I am happy to comment on this topic through which we address the idea of positive re like this.

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