Enterprise Project Outline Codes help you to track, report, and
roll up cost and effort data for projects according to different
parameters. Organizations can use Enterprise Project Outline Codes
to determine whether a project portfolio is in alignment with
strategic objectives. Enterprise Project Outline Codes often
reflect an organizations portfolio management techniques.
For example, if you use Balanced Scorecard, you can create
Enterprise Project Outline Codes that reflect customer, financial,
internal, and learning/growth data so that you can measure projects
against the scorecard. If you introduce a new product, consider
adding an attribute for this product to your project so that you
can report on the overall functionality of the new product. If you
use Six Sigma, the Six Sigma Accelerator from Microsoft provides a
set of Enterprise Project Outline Codes that can help you apply Six
Sigma quality to your projects.
The following are some examples of types of Enterprise Project
Outline Codes that you might create for your organization.
Strategic Alignment Enterprise Project Outline Codes
The overall success of a business strategy depends upon the
projects that you establish to execute that strategy. For example,
if an organization is running 15 projects to improve customer
satisfaction, but 14 of them are going poorly, then it is likely
that customer satisfaction is not improving. You can use strategic
alignment Enterprise Project Outline Codes to create direct
relationships between projects in your organization and your
organizations high-level business strategies. Strategic
alignment Enterprise Project Outline Codes can be simple lists of
high-level business strategies that projects are related to, or
they can be more complex hierarchies of subinitiatives that are
related to high-level initiatives in the organization.
The following is an example of a strategic alignment Enterprise
Project Outline Code.
1. Improve Customer Satisfaction
1.1 Improve Customer Support Response Times
1.2 Improve Customer Service Representative Knowledge
2. Improve Financial Position
2.1 Reduce Costs of Goods Sold
2.2 Improve Cash Flow Position
3. Improve Employee Morale
3.1 Provide Better Training
3.2 Provide Better Working Conditions
The success of the initiative that projects are associated with
is directly related to the success of the projects.
Sponsor and Performer Enterprise Project Outline Codes
Many organizations use sponsor and performer Enterprise Project
Outline Codes. Projects typically have both a sponsor who covers
the cost of a project (a corporation funding a new plant, for
example) and a performer, or an organization responsible for the
project outcome (for example, the engineering organization that is
designing the plant). In many organizations, the sponsor and
performer are part of the same structure, and that structure
typically reflects the organizations department or reporting
structure. You can use sponsor and performer Enterprise Project
Outline Codes to collect data that you can use to answer questions
such as the following:
- How are the projects that I am sponsoring doing?
- How are the projects that my organization is working on proceeding?
- Which groups within my organization best execute projects?
Location Enterprise Project Outline Codes
In all but the smallest of organizations, the location in which
a project is occurring is important. You can create location
Enterprise Project Outline Codes to create a regional outline (for
example, Country.Region.SubRegion.City) that describes the
locations in which an organization does business.
Project Type Enterprise Project Outline Codes
Organizations typically have defined project types, such as
research project, engineering project, software development
project, and so on. By creating project type Enterprise Project
Outline Codes, you enable executives to use Portfolio Analyzer to
look at the cost and work associated with each type of project.
This also enables any user to look in the Project Center and filter
for specific types of projects, group projects by project type, and
so on. Project type Enterprise Project Outline Codes are applied
differently in every organization.
Market Segmentation Enterprise Project Outline Codes
If your organization conducts business with different market
segments, it might be important for you to understand how much
effort your organization is putting toward projects in each market
segment. You can use market segmentation Enterprise Project Outline
Codes to help you to differentiate projects that are associated
with different market segments.