• Dassault Systèmes continues to make significant progress on the 3DExperience vision they laid out 5 years ago. This strategy has seen them transform from a software vendor offering distinct solutions for a variety of functional areas to a company that leads with a strong business transformation message backed up by a platform of solutions. I dropped "PLM" from the title of last year's strategy review. I feel even better about that decision a year later. They now have a broad software suite brought to market as solutions tailored to support key initiatives in the vertical industries they serve. As times goes … [ read more ]

    Dassault Systèmes Strategy 2017+
  • The Finding PLM to Fit Mid-Sized High-Tech Companies ebook explains how smaller companies in the high technology industry find themselves stuck between full-featured Product Lifecycle Management (PLM) systems that feel out of reach and less capable solutions including cloud-based file sharing or very basic data management applications. They know they can’t afford the errors and inefficiency inherent to informal data and process management, but can’t afford a large time, resource, and financial investment to fix their problems. Unfortunately simple solutions like web file sharing, while very attractive, fall … [ read more ]

    Finding PLM to Fit Mid-Sized High-Tech Companies
  • The How-to Guide to Transitioning from 2D CAD to 3D CAD  shares best practices for moving from 2D to 3D. The guide shares the reasons you should consider going from 2D to 3D, common challenges to avoid, and benefits enjoyed by other companies who gone to 3D. The guide then shares advice to make your switch from 2D to 3D CAD a success. The recommendations were developed by analyzing the responses of Top Performing companies and comparing them to Average Performing companies.This eBook is one in a series of three:Transitioning from 2D CAD to 3D CAD Migrating from 3D CAD to a new 3D CAD Adopting … [ read more ]

    Best Practices for Going from 2D to 3D CAD
  • The Reducing Cost of Quality in CPG report shares perspectives from a survey of over 175 CPG companies to determine how Top Performers manage consumer packaged goods quality. The research finds that these leading companies are able to achieve better quality results with lower internal costs. The report analyzes their processes, organizational structures, and enabling technology to determine how they can get better quality results without placing a financial burden on the business.Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration … [ read more ]

    Reducing Cost of Quality for Consumer Packaged Goods (survey report)
  • What type of experiences prepare engineering students the best for "real world" industry work? What should new graduates know when they start their first job?Please share your experience, thoughts, and lessons learned in this new survey on the engineering skills gap. We are exploring questions such as, what types of things do you look for in a new graduate? How can engineering colleges and universities improve their curriculum to better prepare students for today's modern products?  What concerns do you have about the future engineering workforce?Developing the future workforce is critical to the … [ read more ]

    What Skills Do You Wish Engineering Graduates Had? (Survey Invite)

Advanced PPM – Taking Product Portfolio Decision-Making to the Next Level


A quick peek into some research on … optimizing product portfolios using value optimization to improve decision making. Basic PPM offers the ability to balance, resource enable, and track new product development (NPD) projects. To make better portfolio decisions, the report overviews advanced PPM techniques that help companies choose projects with the highest potential financial return and shows them which risks and uncertainties they should address first in their plan. For more information, please download the report, Issue in Focus: Optimizing Product Portfolios with Advanced PLM – Applying Value Optimization to Portfolio Decision Making.

The Research Findings

Companies have achieved important business value from implementing the basic functions of PPM and the associated best practices. These tools help drive higher levels of profitability, as discussed in Tech-Clarity’s Issue in Focus: The ROI of Product Portfolio Management. But there is more value to be gained by extending those tools to encompass a deeper understanding of the financial value available from the project. Basic PPM offers the following important capabilities (knowledge well established by specialists in this field like Doctors Edgett and Cooper (among others):

  • Develop and track to realistic timelines, tasks, and costs
  • Identify and correct bottlenecks
  • Uncover and address skills gaps
  • Document and mitigate project issues and risk
  • Provide enterprise visibility to project health and status

Advanced PPM goes further. The primary enhancements Advanced PPM offers include:

  • Analyze a variety of potential outcomes for a project (resulting in a range of potential financial returns)
  • Develop a common understanding of the factors that influence the value (uncertainties and risk, as described in a Value Map)
  • Allow companies to focus on the biggest areas of uncertainty earlier in the project plans (allowing them to get a better understanding of the actual value they will achieve, and helping them make better portfolio decisions as the company learns from the project)

Combining Basic and Advanced PPM allows companies to develop a more comprehensive, valuable portfolio management process. As Tech-Clarity’s PPM Framework (below) points out, it is important to determine and monitor product value. Advanced PPM adds this capability to current best practice PPM solutions to help them achieve higher return on product portfolio investments.

Implications for Manufacturers

Whether a manufacturer already has PPM best practices in place or not, there are significant benefits available from adopting advanced PPM concepts.  Companies have the opportunity focus their decisions and product development efforts on realizing the highest potential for the product portfolio, and moving risk and uncertainty management form a passive approach (just managing the risk) to a proactive approach (using a tornado diagram to identify and focus on highest value uncertainties early in the project in order to better understand the achievable value of the product). The basics of PPM are still incredibly important, of course, and can be implemented first, in parallel, or following advanced PPM and value management techniques.

So that was a quick peek into some recent research on PPM, I hope you found it interesting. Does the research reflect your experiences? Do you see it differently? Let us know what it looks like from your perspective. And please feel free to review more free research and white papers about PPM, PLM and other enterprise software for manufacturers from Tech-Clarity.

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