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Through implementation of an EPM solution your organization with gain strategic capabilities such as:
Annual Planning/Prioritization
-Improve Decision Support
-Reduce effort of selection and prioritization
-Increase portfolio value and success rate from selected projects by running additional scenarios, capturing the right decision making information, improving success rate (balance risk and rewards), and making time available for decision making
Automate and Improve Quarterly Forecasts
-Reduced forecasting effort
-Improved data quality
-Ability to forecast resource demand increases and decreases to balance capacity
-Minimize cost of temporary capacity needs and improve resource utilization
Automate and Improve Monthly Reviews
-Reduction in time collecting, preparing and reviewing status
-Faster identification of troubled projects and focus
-Manage by exception; Focus management time on resolving the important issues; Spend Less time in meetings to establish the current state of affairs; Reduce manual efforts compiling and distributing reports