The BEN Alignment Engine™ is available
as a standalone product that enables organizations to capture
new ideas and define, analyze and govern project portfolios.
When used with the rest of the BEN solution suite, the
Alignment Engine can be used to monitor alignment of the
portfolio to budgets, program/project plans and actuals. |
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| Analyze multiple portfolio scenarios with easy to
use charts and graphs. |
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| Model and optimize your portfolio by selecting
the best scenario based on strategic objective, cost,
return, risk, budget and resource constraints. |
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Organizations use the Alignment Engine to define weighted
strategic objectives and measurement criteria against which
new ideas and existing programs and projects can be evaluated.
An embedded scoring model and easy to use analytics allow
speedy creation and evaluation of alternative portfolio
scenarios against risk, return on investment and strategic
contribution.
Integration with BEN's workflow engine ensures that
business units can participate in a consistent governance
processes for new ideas and portfolio changes. From a
financial transparency perspective, organizations can
ensure fiscal alignment of portfolios, budgets and resources.
With timely access to performed work and planned project
resources, organizations can continously align their
portfolio investments with corporate objectives, identify
and resolve risks and resource bottlenecks, and proactively
make decisions to maximize ROI and increase time to market.
Select Projects that are Aligned with Strategic
Objectives
The BEN Alignment Engine helps organizations align with
the Business and enhance their internal strategic value.
Organizations rely on the solution to:
- Increase portfolio return by continuously
evaluating and selecting the optimal portfolio
- Retire failing non-critical projects that
are not delivering as planned
- Invest operational savings in programs that
grow the business
- Demonstrate business alignment of the portfolio
with ease and accuracy
Functionality
BEN Alignment Engine includes the following functionality:
- Strategic Definition
- Develop scoring models containing
weighted strategic objectives and performance
criteria
- Idea Capture and Value Attribution
- Capture initiative and project
candidates
- Develop charters and charter
templates
- Store and track associated documentation
- Manage approvals with reusable
workflow routings
- Portfolio Selection
- Leverage automated portfolio
prioritization
- Apply constraints, including
resources, budget and schedule
- Apply ‘what if' models
and analytics to select the target portfolio
- Approval and Governance
- Execute multi-step, multi-participant
approval workflow
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