360 Enterprise Connect v3.9
UMT360 Blog
by UMT360
7M ago
We’re pleased to announce the availability of 360 Enterprise Connect v3.9. We strongly recommend that you validate these updates once they become available. Here is a list of changes that will be introduced with this update: Repository Removed the Application Instance, Installation, Sprint and User Story intrinsic Object Types Removed the Architecture State object type Removed Taxonomy section from Information Concepts object screen Migrated Application Version intrinsic objects to a new Application Versions object type Removed the Application Versions section from the Applications object scr ..read more
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360 Enterprise Connect v3.8
UMT360 Blog
by UMT360
10M ago
We’re pleased to announce the availability of 360 Enterprise Connect v3.8. We strongly recommend that you validate these updates once they become available. Here is a list of changes that will be introduced with this update: Repository Added the ability to create two new Object Property types: Object-driven PickList and Object-driven MultiSelect. The list of available values for these properties is dynamically populated with objects created with a selected Object Type Added the ability to select a parent object for Applications, Controls, Customer Segments, Databases, Datastores, Entities, At ..read more
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360 Portfolio Insights v6.10 – Product Update 10
UMT360 Blog
by UMT360
10M ago
We’re pleased to announce the availability of 360 Portfolio Insights v6.10 – Product Update 10 (PU10). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. Here is a list of changes that will be introduced with this update: Strategy Hub Added the ability to filter Strategic Objectives and Metrics views by selecting multiple values when defining filters on a column Fixed issue with not displaying the full value of m ..read more
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Navigating the Murky Waters of Portfolio Management: Insights and Perspectives
UMT360 Blog
by Mike Gruia, Co-founder
11M ago
In a world where PMOs are constantly bombarded with mediocre methods and approaches from many consulting and software companies, transparency is a rare and valuable commodity. As someone who played a key role in inventing the field of project portfolio management, I feel it’s my responsibility to offer some much-needed visibility into what’s really happening in the field.  Throughout this next series of blogs, I’ll be zooming in on portfolio management and presenting some thought-provoking perspectives on what’s happening today. What are the greatest challenges we’re facing right now? How ..read more
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Portfolio Management Secrets: The Key to Business Success Lies in Understanding How Decision Objects Rule the Game!”
UMT360 Blog
by Mike Gruia, Co-founder
11M ago
Portfolio management is a complex and multifaceted process that involves various activities, such as selecting investments, monitoring their performance, and making decisions. If you want to succeed at managing a portfolio, you need to understand the decision objects involved. There are four primary internal decision objects in portfolio management, namely the business, investments, funds, and resources (see Fig. 1 below, which you will have seen in the previous blog). The business object pertains to the organization itself, including its products, services, companies, and tasks. The investmen ..read more
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Understanding Domains and Their Role in Portfolio Management
UMT360 Blog
by Mike Gruia, Co-founder
11M ago
In the previous blog post titled Mastering Portfolio Management: Understanding the 7 Interdependent Elements, we explored the complexities of portfolio management and highlighted the importance of understanding the interconnectivity and influence of different components of the portfolio management process. Those components include decision objects, decision domains, decision menu, time, structure, humans, and rules. This blog post delves deeper into the concept of domains in portfolio management and their critical role in investment organization and management. The three domains, namely market ..read more
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Mastering Enterprise Portfolio Management Under Uncertainty: Strategies for Overcoming the 7 Key Challenges and Making Better Decisions
UMT360 Blog
by Mike Gruia, Co-founder
11M ago
How organizations can overcome uncertainty by adopting an unsatisfied mindset, hedging strategies, and shifting to variable costs while recognizing the value of acquiring better information for accurate decision-making. Are you tired of feeling powerless in the face of uncertainty? Do you wish you could take control and make the most of the opportunities? If so, then this blog is for you. Uncertainty is a fact of life, and it affects every aspect of our investment management decisions. Uncertainty can make us feel vulnerable and helpless. But it doesn’t have to be that way. With the right mind ..read more
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UMT360 Strategic Portfolio Management Software positioned in the 2023 Gartner® Magic Quadrant™
UMT360 Blog
by Ben Chamberlain
1y ago
For the third straight year, UMT360 software is included in Gartner’s Magic Quadrant for Strategic Portfolio Management report. It’s just one more data point in the continuation of the growth and acceptance that UMT360’s solutions are seeing across the industry. “From record sales growth, to continued strong adoption of our software and services, to key integrations and partnerships, UMT360 is hitting on all cylinders, and this recognition by Gartner is simply reflective of the strength of our vision,” said UMT360 CEO Catalin Olteanu. Gartner’s 2023 report warns that companies which do no ..read more
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Unlocking the Secrets of Business Transformation: Why Projects are Failing and How to Improve Outcomes
UMT360 Blog
by Mike Gruia, Co-founder
1y ago
Organizations have been investing heavily in business transformation projects in the hope of improving operations, increasing efficiency, and driving success. But the current trend suggests that these projects are failing at an alarming rate, with the benefits realization success rate often below 15%. This raises a series of provocative questions about why these initiatives are struggling to meet their objectives. Fig 1. Performance Analysis: An Overview of Key Metrics for Business Transformation and Process Optimization The data shows that business transformation initiatives have a lower succ ..read more
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From the Ancient Pyramids to Behavioral Mastery: Tracing the Metamorphosis of Project Portfolio Management
UMT360 Blog
by Mike Gruia, Co-founder
1y ago
Investment has always been a driving force behind humanity’s biggest achievements, from conquering new lands to building thriving empires. Consider Christopher Columbus, who sought investment from all corners of Europe in his quest to find new trade routes to Asia. Despite being rejected by most investors, he eventually secured funding from the Spanish crown and went on to change the course of history. Fast forward to the 1600s, when the Dutch became the dominant players in world trade, financing their wars and solidifying their power through credit and timely repayment of loans, backed by a r ..read more
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