Project portfolio pipeline management: Maintain a healthy balance of project investment and resource allocation across different sets of business dimensions most important to your business or product portfolio.
Systematic NPD process execution: Systematically execute new product development (NPD) processes with well-defined decision points, evaluation criteria, performance measures and project deliverables. Reduce risk for different types of product development initiatives (e.g., new product, technology, platform development).
NPD Gate Meeting management: Systematically capture business decisions, executive acknowledgements and scorecard baselines to make critical program decisions transparent and accessible for future reference.
Performance measure standardization: Standardize the key performance indicators (KPIs) used to manage and measure NPD efforts so as to assess project performance at Gate Meetings and evaluate projects during portfolio analysis.
Resource demand management: Proactively identify generic resource requirements for proposed product development efforts to provide better visibility of program needs, reduce potential conflicts, and improve portfolio analysis and project selection.
Organization capacity and skill management: For any given organization, product family or product development group that draws from a shared pool of resources, identify generic product development capacity and classify the capacity according to role or skill set so as to support capacity-based portfolio optimization.
Capacity-based portfolio optimization: Proactively assess scenarios for allocating and balancing generic resource capacity within or across portfolios. Allocate capacity and balance portfolio optimally.
Objective-based project prioritization: Measure the impact of proposed and existing product development projects against weighted business drivers to prioritize projects based on alignment with these objectives.
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