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Project & Portfolio Management (PPM)

Centralized Visibility to Identify the Fastest and most Economical Approach to Deliver Projects and Programs

MySP PPM provides large program & project-driven organizations with needed capabilities to manage time, resources, skills and budgets that are necessary to accomplish interrelated tasks.

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Project Management

 

MySP Project Management provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, economical or most suitable approach to deliver projects and programs.

Key features:

  • Unique, Proven Technology based on Best Practices

  • What-if scenarios to support on-line decision making 

  • Strong reporting and analytical embedded capabilities

  • Supports waterfall and agile projects

  • Simple, flexible and a comprehensive Work Flow engine (WF)

  • Granular permissions mechanize (agile, aggregative, n-level)

  • Powered by a powerful “solution designer“

  • Amazingly customizable to fit any maturity level and any custom process in place

Key benefits: 

  • Optimize resource costs to meet business demands

  • Actionable insights with ‘What if’ simulation

  • Gain agility in shifting resources to meet business changes

  • Mitigate project risks

 

Budget Planning

 

MySP Budget Planning allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints, generating a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes through the years.
MySP tools do so while integrating with your existing ERP, GRC, PPM and other IT assets.

Key features:

  • Reconciles top-down vision and constraint with bottom-up demand

  • Captures constraints, costs, benefits and risk factors to consolidate all decision-making factors

  • Multi-perspective demand prioritization

  • Automatic and forced demand ranking

  • Optimizes the annual plans using what-if scenarios
     

  • Budget Planning

  • Creates a framework for annual budget planning

  • Captures requests for budget (demand management)

  • View annual plan summary

  • Conducts what-if scenarios

  • Manages end-of-year procedure

Key benefits: 

  • Reduce up to 50% of the managerial effort vested in the budget planning and control

  • Diminish the budget planning duration and maintenance practice

  • Set uniformity, accountability, traceability and auditability across the corporation

  • Provide comprehensive what-if scenarios for optimizing the entire budget span (CAPEX & OPEX)

  • Combine top down and bottom up approaches to orchestrate both budget, capacity and risk constraints within the decision-making process

  • Integrate with existing ERP systems

Human Resource Management

 

MySP Human Resource Management allows the organization to automate, optimize and assist the process of resource allocation to projects and portfolio resource transparency including supply and demand of resources.

 

Resource estimation and human resource management are essential components of a comprehensive project management plan to execute and monitor a project successfully.

 

By using MySP Human Resource Management organizations can ensure that employees within the organization have the required specific skill set and desired profile required for a project, decide the number and skill sets of new employees to hire and allocate the workforce to various projects.  

Key features:

  • Manages HR structure, including OUs, named resources, resource types/skills and FTE costs

  • Handles monthly capacity by both individual and OU

  • Provides cross-project demand vs. capacity views, including 
    soft vs. hard bookings

Key benefits: 

  • Do more with existing resources

  • Respond quickly and effectively to changes

  • Gain unprecedented transparency toward the resource activity and load

Time and Attendance

 

MySP Time and Attendance tool gathers standardized time and work-related efforts.

It provides broad flexibility in data collection methods, labor distribution capabilities and data analysis features.

Cost analysis and efficiency metrics are the primary functions.
 

MySP Time and Attendance enables an employer to monitor their employees' working hours including late arrivals, early departures, and the time taken on breaks and absenteeism. It also helps to control labor costs by reducing over-payments, which are often caused by paying employees for time that they are not working, and eliminates transcription error, interpretation error and intentional error.

MySP Time and Attendance can also be used to ensure compliance with labor regulations regarding proof of attendance.

Key features:

  • Captures progress and actual work data vs. MySP entities

  • Supports time recording on administrative time (generic tasks)

  • Integrates with daily attendance systems

  • Shows task-level graphical indications

  • Worksheet approvals

  • Complex Validations

Key benefits: 

  • Tracking of cost overruns for fixed cost projects.

  • Automatic generation of invoices to the corporation's clients or customers based on the time spent

  • Integrated solution with other MySP suites e.g. PPM suite etc.​

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