Strategic tools to better focus innovation and maximize the value of your product portfolio.
Teamcenter software’s unique set of portfolio management capabilities help companies ensure that they are working on the right innovation projects with the right resources in the right strategic arenas throughout the product lifecycle. You can use these capabilities to make certain that your lifecycle initiatives focus on the right projects and that the operational execution of these projects is properly aligned with a clearly established strategic direction. Teamcenter’s top-down portfolio management approach enables companies to clearly articulate their strategic direction and drive this product strategy through the product pipeline.
Clearly focus on innovation that counts Teamcenter’s portfolio management capabilities provide a strategic tool to help your company focus its energies on doing the right projects, as well as doing the right projects well.
A collaborative infrastructure for portfolio definition and management enables you to establish a formal environment where you can balance an often-dizzying array of brands, product lines, product offerings, product options, technologies, investment opportunities and ideas while making complex portfolio decisions. Within this environment, you can clearly define your company’s high-level strategic goals using weighted strategic objectives, scoring models and performance criteria that outline the relative merits of ideas, projects and programs.
Key portfolio management objectives Recognize and exploit opportunity. Once you define and articulate your high-level strategic goals, you can use Teamcenter to systematically capture and track promising new ideas and concepts as they mature – scoring their performance at each critical stage and gate. At each development stage, you can combine Teamcenter’s automated portfolio prioritization capabilities with what-if modeling and analytical tools to quickly evaluate alternative ideas and select the project mix that is best aligned with your corporate strategy.
This approach ensures that promising ideas and their accompanying data are tracked and managed against a baseline that enables future performance evaluation.
Optimize resources, reduce delay and improve operational efficiency. You can leverage Teamcenter to gain real-time insight into the operational performance of your product pipeline. By tying your portfolio’s strategic objectives to operational project and program tasks, goals and deliverables, your decision makers can quickly determine what is happening “on the ground.”
As a result, you identify struggling projects (based on defined quantifiable measures) and make go/no-go decisions (within formal gated processes) early enough to avoid major losses on your investments. Synchronize and validate alignment. Teamcenter enables you to reconcile the interests and perspectives of all your portfolio’s stakeholders (marketing, development, manufacturing, sales and suppliers) against your company’s strategic portfolio goals. By allowing these key groups to measure their ideas and projects against corporate objectives, your company can balance and reconcile the conflicting requirements of individual agendas.
You can combine these capabilities with flexible approval and workflow processes that can include standard templates to enable these stakeholders to work together in a formal and constructive way. In addition, you can leverage Teamcenter’s program execution management capabilities along with other project management tools to synchronize resource usage and align your performance goals throughout your entire product development process.
Establish a baseline for success. Ultimately, Teamcenter enables you to continually evaluate portfolio, program and project performance against corporate objectives in a meaningful and quantifiable way. By establishing baselines against which you can gauge performance, you can continuously evaluate portfolio performance, identify winning strategies and optimize factors that drive your success. Key functional capabilities Teamcenter enables companies to focus their energies on innovations that deliver business value.
By providing a top-down approach to portfolio management, Teamcenter helps decision makers formulate and articulate a strategic product direction and then leverage this strategy through a rigorously managed product pipeline.
Teamcenter enables decision makers to:
To deliver these advantages, Teamcenter provides the following functional capabilities.