Manage a large part of the project management process

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Reference no: EM131034399

Question: For Module 4, you will be looking at some software that claims to be able to manage a large part of the project management process: the Celoxis project management and project portfolio management software. Specifically, you will be carrying out an evaluation exercise relative to this software, much as any IT manager would carry out when making a software selection looking for the "best of breed" in project portfolio management systems. When purchasing new software, two or more candidate systems are chosen and ranked using an evaluation tool to determine the best solution. The ranking process requires careful evaluation of system features, vendor credibility and reliability in the market, peer-company reviews, due diligence reviews, and overall software fit to the company goals and plans.

As mentioned, for purposes of this exercise you will be evaluating Celoxis. Normally, you would probably be able to have some hands-on experience with tools that you evaluate; however, in the interests of manageability, we will stick to reviewing the information about the system found on the company''s website. Carry out your software evaluation by reviewing the screenshots, video, and related product information located at https://www.celoxis.com/index.php.

Session Long Project

After you review the Celoxis website, write a 2- to 3-page paper, double-spaced. Start the paper with a brief overview and a description of Celoxis software, uses, advantages, and disadvantages, and your experience with the evaluation process. What are the advantages of using a tool to evaluate technology decisions?

To complete your evaluation of Celoxis, use the following PPM tool evaluation aid. This resource is intended to help evaluate and compare PPMs. When managers use software evaluation tools, they are more likely to choose wisely and have less probability of the software ending up as shelfware. For this exercise, only a portion of the tool is made available. The sections on help, training, and delivery were omitted. Use the following weights and scores to evaluate each element based on your understanding of the PPM software.

Start the paper with a brief overview and a description of Celoxis software, uses, advantages, and disadvantages.

Then report your evaluation of Celoxis using the following PPM tool evaluation aid. This resource is intended to help evaluate and compare PPMs. When managers use software evaluation tools, they are more likely to choose wisely and have less probability of the software ending up as shelfware. For this exercise, only a portion of the tool is made available. The sections on help, training, and delivery were omitted. Use the following weights and scores to evaluate each element based on your understanding of the PPM software.

The evaluation summary:

Weight your company requirements

The following criteria are provided for assigning weights to the PPM tool evaluation aid. Not all system functionality may be required or wanted, but you should decide what is important to your company. Use your own judgment ranking each element. The weights refer to the functionality a company is looking for in a system. The score candidate features refer to the functionality the software has to offer.

Importance of Criterion to Your Company

Weight
Not needed, not important, or already provided by your existing tools 
Nice, but of minor importance; not having would result in minimal loss
Useful; not having would result in some loss and/or extra work
Important; not having would result in significant loss and/or extra work
Extremely important; not having would result in major loss and/or much extra work
Essential; not having disqualifies the tool E
Score candidate features
Estimated Performance Against Criterion

Multiply weight and score to arrive at total number

Here is a summary score sheet to help you keep track of points that should be included in your evaluation; use it to help you write the above summary.

Project Portfolio Management Tool Evaluation Aid

Data Management

Weight

1 Easy to create, change, delete, and view projects and project data.

2 Accommodates all project types and project information

3 Supports entry of annotative comments and appending documents, images, and links for project documentation

4 Accommodates hundreds/thousands of projects 

5 Supports data import from your existing systems and databases (e.g., planning, financial systems)

6 Supports data export to your existing systems and databases

7 Supports dependency links among projects

8 Provides data cut-and-paste, project cloning, and data roll-over

9 Provides completeness/error checks and data warnings

10 Allows multiple portfolios and portfolio hierarchies (parent-child links)

11 Allows dynamic portfolios (portfolios defined based on latest project data)

12 Provides search, filter, and sort

13 Provides data archiving

14 Provides statistical analysis of historical data (e.g., trend analysis)

Governance and Security
Weight

15 Accommodates hundreds/thousands of users

16 Provides security (encryption), controlled access and change privileges, and audit trail (who changed what and when)

17 Provides PPM workflow guidance, status, and progress reporting

18 Able to slice, dice, and aggregate data with ability to load and change aggregation hierarchies

19 Easy to generate useful, understandable, schedulable displays and reports

20 Provides dashboard views plus ability to drill down

21 Allows users to configure/customize/format views, graphs, and reports

22 Provides document management (document storage, read, save-as, check-in, check-out, version control, history, etc.)

23 Supports multiple languages and currencies

Communication and Collaboration

24 Supports mass communication and notification (via home page bulletin board, mass e-mails, etc.)

25 Provides targeted communication and notification (selective, rule-based notifications via e-mail)

26 Supports real-time group communication (e.g., on-line chats, discussion forums, instant messaging)

Help and Training

27 Tool delivered with training for installation and operation

28 Tool incorporates help features (e.g., mouse roll-over, documentation, educational videos, on-line training)

Delivery

29 Provides desired delivery platform (on-demand service, desktop installation, web-based, etc.)

30 Supports your server and workstation operating systems and database environment

Vendor

31 Vendor has expertise (in PPM, your industry, etc.)

32 Vendor can be counted on to provide on-going support (maintenance, enhancements, warranties, escrow policy, etc.)

Totals (all categories):

Source: Lee Merkhofer Consulting, 2008

What are the advantages of using a tool to evaluate technology decisions?

General Case and SLP Paper Writing Guidelines

The following items will be assessed in particular:

Evaluate software in terms of advantages, disadvantages, and company fit.

Rank systems for selection.

Provide some in-text references to modular background readings.

Note: Do not use any government/military classified or corporate-sensitive information in the development of any TUI papers or in any Discussions.

Your assignment will be graded according to the MSITM SLP Grading Rubric, which aligns with the following expectations. (To see the rubric, go to Assessments>Rubrics. Click the arrow next to the rubric name and choose Preview.)

Length: Follow the number of pages required in the assignment excluding cover page and references. Each page should have about 300 words.

Your assignment will be evaluated based on the Rubric.

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Reference no: EM131034399

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