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EPI
identifies the portfolio as the products and projects which are in
development and in the market, and new opportunities which have been
identified and chartered - all the projects against which limited
resources must be expended. The central question of portfolio management
is "how can I make the best use of my limited resources for product
development to produce the best results over time?"
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EPI's
Portfolio Management/Optimization Process provides processes,
templates, and software for identifying and formatting critical information.
Managers are able to make decisions which optimize use of the resources
in the pipeline and lifecycle, and which link projects as a whole
to strategic objectives. The business, technology, product, and marketing
decisions ensure the best possible combination of products in the
pipeline and makes the best use of corporate resources for short and
long term success.
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The
portfolio management process links to the product planning process
to ensure that the agreed-on plan continues to relate to strategic
objectives. Is also provides a map of resources to make sure that
the plans can be carried out given resource availability. |
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Portfolio
Optimization: |
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Maximizes
portfolio value while achieving balance |
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Provides
criteria for comparable analysis of new product options |
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Uncovers
gaps in your product line plan |
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Rationalizes
development projects to a manageable number |
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All of
EPI's processes bring people together to create common understanding
and consensual decision making. Our self-documenting processes and
the templates we provide help marketing, R&D, and others gather
and coordinate information, store it, where it can be accessed,
and format it to enable collaboration and consensus.
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