Solution for Innovation Excellence

Resource Management

Managing resources is of critical importance to the success of your New Product Development process:
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n     at the portfolio level, it is about making sure that the development projects are properly resourced to be successful. When projects continue to be added to the do-list while few of the existing ones gets killed, projects quickly become under-resourced and people get spread far too thinly....
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n     at the project level, it is about anticipating, planning and managing the resources needed to complete the project tasks on time, cost and with the agreed quality..
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n     at the individual level, it is about informing each resource of their objectives and constraints to complete their assignment efficiently and to report progress accurately.

The IFT offering is the only software solution to provide in one single integrated solution "best in class" New Product Development practices and functionality:
      1. Portfolio and Idea Management
          n     At strategic level: alignment, product & technology roadmapping, financial planning, capacity planning
          n       At tactical level : idea & initiative mgmt, financial value, priorities, balance, budget & resource management
      2. Stage-Gate Process
          n       Business Case, Evaluation and Scoring, Go/Hold/Kill, resource allocation, deliverable tracking
          n       Repeatable, reliable, measurable, auditable
      3. Project Management
          n       Execution: planning & scheduling, matrix resource management, cost control, risk & progress monitoring

The IFT solution provides strategic and operational resource management capabilities to help organizations balance resource demand and supply and meet their business objectives:

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Strategic Resource Management
n      Linking resource allocations to business strategy using the strategic buckets method
n      Simulating different capacity levels to define the best resource supply scenarios
n      Approving resource allocation during formal gate reviews
n      Ranking projects at pipeline reviews until resource pools are fully allocated
n      Use multi-criteria optimization algorithms to select the best combination of projects, given your resource constraints
n      Roll-up resource data at any level to increase visibility on the pipeline of any organizational entity
n      Standard and configurable dashboards for overall resource capacity planning and usage

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Operational Resource Management
n      Task or effort driven planning and scheduling
n      Planning and resource allocation by skills in a top down mode or by individual resource
n      Resource request management with skills and
availability search engine
n      Configurable work-flows for request and approval
of resource allocation and for time reporting validation
n      Full support for matrixed organizations to manage
shared resources under different department responsibilities
n      Flexible progress reporting and time tracking for
all types of activities: projects, administration, etc.
n      Multi-level configurable workflow for resource
allocation and time-tracking approval
n      Management of internal and contractor resources
n      Multiple and variable rates for resource cost estimation
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n      Standard and configurable views of resource
loading and availability consolidated by project,
department, skillset, etc.