optimizing the project portfolio oracle instantis enterprise track and crystal ball - oracle...

Optimizing the Project Portfolio:

Oracle Instantis Enterprise Track and Crystal Balland Crystal Ball

Hilary EmmettSolution Specialist

Session ID#: 15407

Limited resources

What to choose?

Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

What to choose?


Human

Better choice of projects

An Example,


or


or

Is there a weakness in traditional scoring?


An example

$$


or$$$

$$

$$

How many combinations?

Find the BEST choice with Crystal Ball


Find the BEST choice with Crystal Ball

Hilary EmmettSales Consultant


Agenda

1. Traditional Prioritization Methods

2. Simple Optimization

3. Evaluating alternative strategies

4. The Efficient Frontier


4. The Efficient Frontier

5. Q&A

What about for IT?


orEPPM rollout

Security System


Human

BEST choice of project

Crystal ball will automatically consider many combinations and recommend


THE BEST CHOICE.

Let’s see it in action!


ASimple User

Example #1

Optimize

• Export Project Portfolio data from Instantis

•Manual what-if or waterline

•One click optimization


ASimple UserExperience

•One click optimization

Low training requirements

Automate time consuming what-ifs


Confident and Impartial Decisions

Automate time consuming what-ifsA Simple UserExperience

Know your

Example #2

Compare Alternatives

• Identify potential portfolios

• Evaluate intangibles


Know your alternatives

Flexible Decision Making

By-product of basic analysis


Incorporate evaluation criteria that

are difficult to quantify

By-product of basic analysisKnow the alternatives

Example #3

Efficient Frontier

• Vary resource constraints

•Discover multiple Optimal Solutions


Understand Tradeoffs

Incremental value of expanding

resource capacity

Requesting additional resources


Confident and Impartial Decisions

with confidenceUnderstand Tradeoffs

Beyond Project Portfolio

ForecastingForecasting

SimulationSimulation

Oracle Crystal Ball Solutions


SimulationSimulation

OptimizationOptimization

Task Tools

•Crystal Ball is a LSS standard for the Improve phase

“Simulate what-if analysis”


•“Simulate what-if analysis”

•Transfer Function or y = f(x)

The big difference

Manual what if Versus Optimization


Crystal ball will automatically consider many combinations and recommend


THE BEST CHOICE.

Thank You


Hilary [email protected]

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optimizing the project portfolio oracle instantis enterprise track and crystal ball - oracle...

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