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Execs still reliant on spreadsheets [ITWeb](ITWeb Via Acquire Media NewsEdge) Today's organisations need the agility to see and trust information as it develops, says Diederik Jordaan, MD at Gen2 Enterprise Software. The majority of senior executives in SA still rely on spreadsheets to manage projects. This was one of the biggest takeaways from the ITWeb/Gen2 Enterprise Software Project Portfolio Management (PPM) Survey, which ran online for 14 days during May and June 2014. According the study, 75% of senior executives in SA are still using spreadsheets to manage projects internally; and 80% of respondents are not yet fully prepared for the bring your own device (BYOD) era. Examining the challenges faced by today's businesses, the survey indicates that despite the rise in popularity of BYOD, 80% of the survey respondents still indicated that they are not fully ready to deploy a strategic BYOD approach to optimise efficiency and utilisation of their PM or PPM systems. Report (http://www.pmi.org/~/media/PDF/Research/PMI-Portfolio-Management.ashx), the majority of portfolio managers in highly effective organisations spend 75% or more of their time on portfolio management. The report further indicates that in organisations where managers have more strategic focus, as well as departmental goals, 70% of projects meet or exceed their forecasted ROI, compared to 50% at organisations where managers rarely focus on strategic goals. PMI's 2013 Pulse of the Profession In-Depth Report: The Risk of Undervaluing Project Management report (http://www.pmi.org/~/media/PDF/Business-Solutions/PMI-Pulse%20Report-2013Mar4.ashx) also finds that performance in meeting project goals, timelines and budgets significantly affects an organisation's ability to thrive. (c) 2014 ITWeb Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info). |