IT Project Portfolio Management– Huffman Trucking

IT Project Portfolio Management- Huffman Trucking

University of Phoenix

CMGT/578 strategic Planning

The purpose of a realise portfolio is to establish a priority matrix that can be used to oversee and monitor projects. The portfolio enables managers to monitor all projects progress, development, resources, and general company commitment. Making authorized that all projects run under a universal company project management approach in the portfolio ensures that project be looked at equally and judged or graded on their psyche merits. Projects should be weighted to ensure proper amounts of energy and resources are allocated to each project. The method to fulfill this is called Project Portfolio Management (PPM)

Current Projects

Huffman Trucking up-to-the-minutely has a number of projects under investigation that need to be graded to ensure proper attention, funding, time, and resources is given to each appropriately. The current projects under investigation at Huffman Trucking are

1. The use of guide Tracking Systems across the operations

2. The deployment of an ERP System, linking Customers sales order, tracking services, bill of lading signatures, preventative charge and overhaul, human resources, driver scheduling, general ledger, A/P, A/R, and new(prenominal) accounting and reporting functions.

3. Implementation of a warehousing/local JIT (just in time) delivery service.
   
   
   
   

4. Upgrading equipment in the California ability and plant

5. Upgrading equipment in the atomic number 42 office and plant

6. Upgrading equipment in the New Jersey office and plant

7. Upgrading equipment in the Ohio office and plant

These projects regard organization and grading that will enable Huffman to allocate resources correctly. These project need to be placed in a portfolio and be managed.

First PPM Method

Huffman does not have unlimited resources. In a white paper by TheChemicalEngineer.com (?), a process called the Optimal Project Portfolio (OPP) is suggested. This process has quint steps:

1. Develop project criteria- is the goal to...

If you want to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .