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UMT :: Project Portfolio Management - Portfolio Optimization, Prioritization, Planning - Home
UMT, the leader in portfolio management, provides cutting edge solutions and services to major organizations worldwide. ... UMT's Portfolio Management Solutions. UMT drives ... by providing project and application portfolio management software solutions ... any other portfolio management solution; UMT software ...

Project Management Portfolio PPM
Project Management community for IT professionals, Provinding news, career resources, technical support, industry documents, and more, ... business. Project Portfolio Management (PPM) (Project Perfect)- What is Project Portfolio Management? What are ... for Implementing Project Portfolio Management (Project Arena) ...

Portfolio Management Forum sponsored by ProSight
The Portfolio Management Forum focuses on portfolio management software, portfolio management, and its related disciplines. Among the complementary topics covered are value management, project management, risk management, asset management, vendor... Portfolio Management Value Management Project Management Risk Management Asset Management Vendor Management Product Lifecycle Mgt. Financial Management ...

Latest Project Management News and Articles

Trinnovations Selects AtTask for Sophisticated Project Management (Market Wire via Yahoo! Finance)
AtTask, Inc., a leading provider of project management software, today announced that Trinnovations, a technology company located in Southern California, has selected AtTask's enterprise project management software to streamline projects for its small business needs. Trinnovations uses @task for task and project management, financial invoicing and training employees.

Microsoft rewards Berbee for project management expertise WTN News, WI - Apr 22, 2006 Project Management (EPM) specialization. The EPM specialization was granted in recognition of Berbee's expertise in serving businesses that require the tools ACT! by Sage Contact & Customer Management Product Family Market Wire (press release) - Apr 24, 2006 [...]

Contractors Have to Win Twice to Win a Project

Construction is one of the few industries that require demanding qualification work. Since, high risk is part of the fabric of construction; owners make contractors go through hoops. Caution does take one a whole new meaning.

Construction Contractors have to win twice to win most projects.

1) Pre-qualification to gain access to bid the project. A contractor has to prove that he or she has the right to sit at the table with other contractors of like stature. A checklist of information must be submitted before a contractor can sit at the table. Such as:

1) Past projects
2) Financial statements.
3) Insurance Coverages
4) Bonding capacity

2) Giving the client specific value that match the specific need the client is looking for. Some clients want only price. Others want service and high quality with a competitive price.

a) Capability to do this particular project.
b) Price and / or fees.
c) Specific project experience in upcoming job type.

Sama Dubai appoints Abdulsalam Almarri General Manager for 'The Lagoons' mega-project (AME Info)
Sama Dubai, the real estate investment and development arm of Dubai Holding, announced today that it has appointed Abdulsalam Almarri as the General Manager for 'The Lagoons' project as part of the company's policy to hire qualified nationals.

The Best Industry in the United States

My child is in college. She is starting to ask about industries and careers. Olivia has made me think further about what construction contracting has to offer her. I have concluded it is the best career a young person could choose. You may not believe it, but, the facts will show our business is unmatched. It offers participants long term tangible benefits. However, many people will argue. Let me show you the many virtues our industry has. You be the judge.

The Industry is Not Going Away - Construction is a basic necessity to human life - shelter, food, clothing, and water. Contrastingly, most manufacturing will be leaving this country over the next few years. Construction cannot be exported. It must be "insitu" or occurring where it produces the end product. This is unlike service center, computer programming or engineering where other countries provide it from afar and then send it back to the United States. Construction and its sister, demolition is captive to the site.

Merit Based – the construction industry rewards hard work. There is no substitute. We are all dissatisfied with the work ethic today. When we find it, we reward it. Let me give you an example – a person comes to you (male / female) doesn’t speak English well, but has promised to work hard and keep their nose clean. You give them a chance and 1 year later, you are glad you did. They kept their promise. Now, what will you do? Ignore them? Cut their pay? Of course not! You will increase their wages and give them more responsibility. Construction contractors reward merit.

In a few years, that same person, having earned the technical understanding and crew following might start their own business. It is almost expected. After working in the field and interacting with clients and managing labor, it is normal and rational for this person to at least attempt it.

Additionally, the industry is also merit based. Question: What is the best advertising in the construction business? A completed project that is on-time and on-budget. It speaks volumes of a contractor’s savvy and diligence. There are a minority of good contractors. Word of mouth will travel fast. Excellent contractors have more opportunities for work than their lesser competitors.

On Time, on Budget, All the Requested Functionality - It's Not Enough
Success of a project is often described as being on time, on budget, and performing all the expected work. Software development is not about technology; is it about business. The ultimate goal is to make the business bigger, better, or more efficient. The goal is to add value to the business.