Brigham Young University Executive Slated to Speak at IT Financial Management Week; Pacific Edge Software Customer Addresses Managing and Prioritizing the IT Portfolio.Business Editors/High-Tech Writers IT Financial Management Week BELLEVUE, Wash.--(BUSINESS WIRE)--April 26, 2004 Pacific Edge Software, the leading provider of Enterprise Portfolio Management solutions for managing investments in technology and new product development, announced today that Ernie Nielsen, Managing Director of Enterprise Project Management at Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. , will be speaking at the IT Financial Management Week conference in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada. Mr. Nielsen's presentation, Managing and Prioritizing Your IT Project Portfolio will discuss how BYU BYU Brigham Young University BYU Bayou BYU Bob's Your Uncle BYU Bayreuth, Germany - Bindlacher Berg (Airport Code) BYU Beyond Your Understanding has created process for managing and authorizing IT projects, along with the direct benefits from their rigorous methodology. The IT Financial Management Week conference, hosted by the IT Financial Management Institute, focuses on issues leading the 21st century IT Financial Management transformation and will be held from April 26 through April 28, 2004 in Las Vegas, Nevada. "Reducing the overhead associated with an IT portfolio, while simultaneously increasing customer satisfaction, timelines This article or section contains self-references. For other uses of "Timeline", see Timeline (disambiguation). The following is an index of timelines found on Wikipedia. and the number of projects completed each year is impossible without a thorough and rigorous methodology in place," said Ernie Nielsen, managing director of enterprise project management at Brigham Young University. "And creating and implementing that process is equally impossible without a solid and dependable software dependable software - software reliability platform in place. By combining the strengths of Pacific Edge Software with our own internal processes and procedures, we've realized amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. improvements in the IT system, and have seen impressive benefits at the bottom line. This session will aid others in their efforts to build successful enterprise portfolio management programs." Mr. Nielsen will give his presentation on April 28, 2004 during Conference C: IT Governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. & Portfolio Management. Managing and Prioritizing Your IT Project Portfolio will cover BYU's rigorous prioritization and scoring methodology for technology projects, as well as how they've leveraged a portfolio management process by grouping project initiatives by large technology projects, small technology projects, infrastructure projects, and executive initiatives. At BYU, each portfolio is managed by a cross-functional team In business, a cross-functional team is a group of people with different functional expertise working toward a common goal. It may include people from finance, marketing, operations, and human resources departments. , responsible for prioritizing, funding, and facilitating communications of these project portfolios. As a result, all members of the department and interested university consumers and customers are aware of project priorities, resource utilizations, and project status. The result of BYU's efforts have included the creation of process and policies for managing and authorizing IT projects, a reduction in the approval time for IT projects and an increase in the number of projects completed each year. Specifically, the benefits achieved have included an increase in overall customer satisfaction through consistency, predictability, and reliability, and enhanced communications between IS, University executive leadership, and individual school leaders. The IT Financial Management Institute (ITFMI)(TM) The IT Financial Management Institute was launched in response to the very specific issues and challenges the IT community was having. The objective of the ITFMI is to specifically address and provide practical and objective information presented largely in a peer-to-peer learning format on the issues currently being faced by senior level financial decision makers for IT functions and processes. ITFMI has established itself as a non-partisan information-based organization dedicated to the promotion of innovative ideas including but not limited to financial management for IT & telecom, service management, process improvement, portfolio management, IT & telecom governance, and budgeting and planning. The organization's IT Financial Management 2004 is the largest Conference and Exhibition devoted entirely to IT Financial Management. Pacific Edge Enterprise Portfolio Management Pacific Edge's Enterprise Portfolio Management software solutions focus on providing the capability to manage major investments in Information Technology, new product development and a variety of corporate initiatives via strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and analysis to measure business value. The company's solutions enable organizations to consider business investment opportunities in terms of their contribution to overall corporate objectives, weighing and balancing risks and rewards, and enabling the rapid adjustment of the portfolio based on performance and changing business needs, much like a fund manager does for financial investments. This makes it possible for companies to make solid decisions that support the organization's long-range strategy, reduce costs by identifying redundant, low value or non-strategic initiatives; increase the return on their enterprise portfolios through improved selection, prioritization, sequencing, and governance of corporate investments; and optimize optimize - optimisation the use of critical resources by focusing on the most valuable business initiatives. About Pacific Edge Software Pacific Edge Software (www.pacificedge.com) is the leading provider of Enterprise Portfolio Management software for global organizations, providing closed-loop management solutions to maximize value and reduce costs in investment, project, asset and product portfolios. Pacific Edge's business-critical solutions include enterprise software products, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , industry specific templates, and a proven portfolio management process. Pacific Edge customers include industry leaders such as, Alcon, Brigham Young University, Costco, Dell, Honda honda a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses. , and Johnson & Johnson. Founded in 1998, Pacific Edge is headquartered in Bellevue, Washington Bellevue is a rapidly growing city in King County, Washington, U.S., across Lake Washington from Seattle. Long known as a suburb or satellite city of Seattle,[1] it is now categorized as an edge city or a boomburb. and is privately held. Investors include Foundation Capital (www.foundationcapital.com), Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. (www.sequoiacap.com), Northwest Venture Associates (www.nwva.com), and Fluke fluke, parasitic flatworm of the trematoda class, related to the tapeworm. Instead of the cilia, external sense organs, and epidermis of the free-living flatworms, adult flukes have sucking disks with which they cling to their hosts and an external cuticle that Venture Partners (www.flukecapital.com). Portfolio Edge and Project Office are registered trademarks of Pacific Edge Software, Inc. All other trademarks are property of their respective companies. |
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