1 / 21

Control Project Costs and Track Benefits UMT Project Financial Server 2010

Control Project Costs and Track Benefits UMT Project Financial Server 2010. Christopher Pond Technical Solution Professional – Microsoft EPM cpond@cps.co.uk March 2011. Agenda. Welcome & Introduction Financial Management is a PPM Priority UMT Project Financial Server 2010 Overview

liv
Download Presentation

Control Project Costs and Track Benefits UMT Project Financial Server 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Control Project Costs and Track Benefits UMT Project Financial Server 2010 Christopher Pond Technical Solution Professional – Microsoft EPM cpond@cps.co.uk March2011

  2. Agenda • Welcome & Introduction • Financial Management is a PPM Priority • UMT Project Financial Server 2010 • Overview • Demonstration • Benefits

  3. Christopher Pond • 14 years experience delivering EPM / Collaborative Solutions • Business Change • Training • Technology • UK’s only Microsoft Technical Solution Professional for EPM

  4. Corporate Project Solutions Experts in Portfolio, Portfolio, Programme, & Project Management Combining ‘People Process & Technology’ Tens to Thousands of Seats Implemented Over 700 Clients Over 11,000 users trained • Established 1995 • Fifteen years Enterprise Solutions Implementation Experience • From Lotus Notes and GroupProject to Microsoft SharePoint and Project Server • 2010 Launch Partner

  5. Project & Portfolio Management Evolution 2010 Portfolio Management Early 2000s Financial Management Schedule Management Politics BI & Reporting Resource Management Economics Reporting Demand Management Social Cost Management Resource Management Technology Earned Value Management Team Collaboration

  6. More roles are interested in PPM data & views PMO Execs Resource Manager Operations HR Team Members IT Partners Project Manager Customers Devs PMO PM RM Team Customers HR Partners Operations IT Execs

  7. Work management for individuals, teams & the enterprise

  8. Extend Project Server 2010 cost management capabilities Cost Estimating & Tracking Benefits Forecasting & Realisation Project Financial Server 2010 Financial Reporting & Insights Financial Governance Financial Versioning Organisational Cost Centers

  9. Comprehensive cost & benefit management for Project Server 2010

  10. Quickly standardise controls and drive accountability Financial Admin Console • Standardize cost and benefit structures • Integrate financial governance controls across the project lifecycle • Provide line of business autonomy & drive enterprise standards through templates Benefit Structure Cost Structure Project Workflow Seamless & Effective Governance

  11. Accurately estimate financial data toenhance portfolio selection Cost Estimates Cost Center Breakdown • Capture time phased cost & benefit estimates • Breakdown estimates by cost center • Support for top down and bottom up planning / budgeting • Snapshot estimates and compare versions Benefit Forecast Financial data in Optimizer portal Better data Informed decisions

  12. Track performance and build powerful reports & dashboards • Record actual cost by period and quickly reforecast • Assess real-time variances • Access financial data in a dedicated cube and build powerful reports • Connect with LoB systems • Track the benefits realised and compare with business case Enhance visibility & insights Actual Cost Line of Business Systems Project Server Reporting DB Project Financial Server Cube Cost Forecast Benefits Realiaed

  13. Get started & enhance user experience • Easy-to-use & integrated UMT Project Financial Server Webparts • Project Financial Server is built on Project Server 2010 • Quickly install and configure via integrated administration console • Select out of the box financial web parts • Reduce training costs with a familiar SharePoint 2010 interface Familiar SharePoint Ribbon Easy to use & integrated

  14. Project Financial ManagementKey to the whole project life cycle Tracking and Deployment Planning and Budgeting Portfolio Selection and Planning Detailed Business Case Preliminary Proposal High Level Business Case Monitor and Track Close Governance and Control Prioritize projects to make go/no-go decisions Constraint optimization Create Business Case Refine and increase project info, costs, and benefits detail Use templates, cost trees, workflows, and governance rules Select Projects Monitor progress and performance Plan Portfolio Determine the best project timing considering resource availability and funding allocation Manage and Monitor

  15. UMT Project Financial Server 2010 “When cost and benefits matter” Demonstration

  16. UMT Project Financial Server 2010 Top 10 Features Integrated financial governance Hierarchal cost & benefit structures & templates Support for charge backs with Cost Centers Time-phased data entry and aggregation Create and compare cost versions Support for top down and bottom up planning Track actual cost by period and review archived reports Reforecast cost and benefit data by period Build powerful financial reports & dashboards Track benefits realised and compare against budget

  17. Delivering value across the organisation • Intuitively submit cost and benefit estimates • Compare and contrast top down and detailed estimates • Streamline financial status reporting by period • Review past archived reports and spot trends • Simply update and review cost and benefit data • Visualize cost performance by period • Create and enforce enterprise governance controls • Effectively manage status reporting • Easily build financial reports • Reconcile project and GL accounting • Enhanced organizational planning • Visibility and control through reports • Track benefits realized and measure success • Meet regulatory standards / requirements • Project Team Members • Finance Director • PMO Director • Project Manager • Business Analyst • Executives • LoB Managers

  18. Project Financial Server 2010 Built on Project Server 2010

  19. UMT Project Financial Server 2010 Try Now Buy Now • Watch & attend Project Financial Server webcasts • Attend Project Financial Server training classes • Run a Proof of Concept with • On-premise and hosted deployment alternatives available • On premise licensing follows Server License + CAL model • Competitively priced • Contact CPS • www.projectfinancialserver.com

  20. Key Takeaways • Financial management has become a PPM priority • Project Financial Server 2010 extends Project Server 2010 to provide comprehensive cost & benefit management capabilities • To learn more visit www.projectfinancialserver.com • Contact me: • cpond@cps.co.uk | 07973 796 629 | LinkedIN

  21. Thank you Thank you

More Related