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QSM's Estimation Integration to Rational Focal Point SLIM-Estimate 8.0

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Most projects overrun their schedules and budgets because of lack of good estimates at the time commitments are made. Project and Portfolio Management tools like Rational Focal Point are useful to analyze proposals and help build a solid business case on which to base project approvals. These products usually focus on justifying the project through the business benefits and or savings derived from the implementation of the proposal’s business requirements. They generally do not assess proposal risk of meeting a business stakeholder’s desired project schedule and budget. QSM’s Integration to Rational Focal Point brings this powerful capability to market and helps identify high risk proposals before they get into an organization’s project stream. Portfolio managers can see the likelihood of meeting the desired schedule and cost based on organization history as well as the industry data collected by QSM for over 30 years.. This capability can significantly reduce schedule slippage and cost overruns that can reach tens of millions of dollars for many large fortune 1000 organizations.

Business information

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  • + Functional details

    1) Connect to Focal Point 2) Select a project 3) Import a solution 4) Post probability of meeting schedule and cost to Focal Point business cases

  • + Business problem

    The main business problem this solution solves is to avoid approving high risk proposals that have a very low probability or meeting their schedule and cost commitments. By mitigating these risks early in the project lifecycle, organizations can avoid disappointing customers and exceeding project timelines and budgets.

  • + Business opportunity

    The business opportunities presented by this solution are to help organizations identify proposals early in the project lifecycle that are at high risk of not meeting business stakeholders schedule and cost expectations. The best time to negotiate business stakeholder expectations is prior to project approval. By better aligning business stakeholder expectations with the development organization’s demonstrated capabilities, organizations will save millions of dollars associated with cost overruns and have satisfied customers whose commitments have been met.

  • + Return on investment

    The return on investment is directly related to size of the organization implementing these software management processes. A recent telecom company division reported reducing the percentage of their projects out of financial control from 80% ($14 million) to 10% ($1.6 million) within two years of implementing these software management methods.

  • + Competitive advantage

    This brings the industry leading SLIM estimation capability directly into Focal Point. No other PPM solution on the market has this sort of risk mitigation capability. Statistics on cost risk reduction on an organization’s portfolio of projects can be used to justify their investment in IBM and QSM’s Estimation-PPM solution.

  • + Industries

    Aerospace & Defense Industry
       Aerospace
       Defense
       Ship Building
    Automotive Industry
       Automotive OEMs (Manuf of Cars, Light Trucks, Motorbikes)
       Automotive Suppliers
       Distributors, Importers, Retailers
       Heavy Equipment
    Banking Industry
       Banking - Other
    Chemicals & Petroleum Industry
       Chemicals & Life Sciences
       Petroleum
    Computer Services Industry
       Outsourcing
       Prepackaged Software
       System Integration
    Electronics Industry
       Electronics
       Technology Systems and Microelectronics
    Energy & Utilities Industry
       Combo Electric/Gas
       Electric
       Electric and Gas Energy Services Traders
       Gas
       Waste
       Water
    Financial Markets Industry
       Financial Markets - Global Customer Management
       Financial Markets - Other
    Government Central/Federal industry
       Defense and National Security
       Environ., Transp. & Pub. Works
       Finance and Administration
       Postal
       Public Safety and Justice
       Scientific
       Social Services
    Government, State/Provincial/Local Industry
       Env/Trans/PubWrks, City/Mun.
       Env/Trans/PubWrks, County/Shire
       Env/Trans/PubWrks, Spec. Dist.
       Env/Trans/PubWrks, State/Prov.
       Fin. & Admin, City/Municipal
       Fin. & Admin, County/Shire
       Fin. & Admin, Special District
       Fin. & Admin, State/Prov./Reg.
       Other Government
       PS & Justice, City/Municipal
       PS & Justice, County/Shire
       PS & Justice, Special District
       PS & Justice, State/Prov./Reg.
       Soc. Services, City/Municipal
       Soc. Services, County/Shire
       Soc. Services, State/Prov/Reg.
    Healthcare Industry
       Alternate Healthcare
       Healthcare Other
       Health Plans / Payors
       Integrated Healthcare Systems / Hospitals
       Pharmaceuticals
    Industrial Products Industry
       Mining
    Insurance Industry
       Insurance Carriers - Life & Asset Management (L&AM)
       Insurance Carriers - Property & Casualty (P&C)
       Insurance Intermediaries
       Other Insurance, N.E.C.
    Life Sciences Industry
    Media & Entertainment Industry
       Advertising
       Associations
       Broadcast
       Cable
       Entertainment
       Printing & Publishing
       Sports
    Professional Services Industry
       Business Services
       Legal Services
       Management Consulting
       Marketing & Public Opinion Research
    Retail Industry
       Retail - Apparel Manufacturing
       Retail - Department Stores
       Retail - Direct Marketing
       Retail - Retail Food
       Retail - Food Services
       Retail - Hard Goods
       Retail - Mass Merchants
       Retail - Pharmacy/Drug
       Retail - Specialty
    Telecommunications Industry
       Broadband
       Telecommunications
       Wireless
    Travel & Transportation Industry
       Car Rental
       Freight Airlines
       Freight Forwarders & Arrangers
       Freight Services
       Gaming
       Global Dist. Systems / CRS
       Hospitality
       Lodging
       Passenger Airlines
       Passenger Water Transportation
       Post Operations
       Rail
       Shipping
       Tour Operations and Arrangers
       Travel Agencies
       Trucking
       Urban Transportation
    Wholesale Distribution & Services Industry
       Wholesale - Food/Food Svc/Drug
       Wholesale - General Trading Co.
       Wholesale - Non-Durables
       Wholesale - Durables
       Wholesale - Services

  • + Solution areas

    Aerospace & Defense
       Integrated Production and Supply
       Program Management
       Service Lifecycle Management
       Other
    Automotive
       Design and Development
       Embedded Device Lifecycle Management
       Marketing, Sales and Service
       Pervasive Computing/In-Vehicle
       Production
       Other
    Chemicals and Petroleum
       Chemicals and Petroleum Supply Chain Optimization
       Demand Management
       Geoscience
       iPlant
       Production management
       Upstream Petroleum
       Value chain management
    Electronics
       Production Management
       Sales and Service
       Value Chain Management
    Energy and Utilities
       Asset Management
       Generation Solutions
       Infrastructure and Systems Management
       Network Transformation
       Strategic Outsourcing
       Wholesaling and Risk Management
    Financial Markets
       Business Efficiency
    Financial Services/Banking
       Automated Solutions
       Branch Transformation
       Core Banking
       Core Systems Transformation
       Customer sales & service
       Enterprise Payment Platform (Back Office/Payments)
       Infrastructure and Support Services
       Internet Banking
       Marketing insights & analytics
       Multichannel Transformation
       Operations & Processing
       Product Manufacturing
       Regulatory Compliance
       Risk management & compliance
       Service to Sales (Front Office)
    Government
       Case Management
       e-Government
       Finance and Administration
       Multichannel Distribution
       Record Management
       Regulatory Compliance
       Safety, Security & Privacy
       Security & Surveillance
       Tracking Management
       Transportation Management
    Healthcare and Pharmaceutical
       Administrative Systems
       Clinical Care
       Finance and Accounting
       High Performance Computing
       Medical Imaging
       Operations and Regulations
       Patient Care and Services
       Physician Office Automation
          Claims administration
          Clinical information systems
          Computerized physician order entry
          Health information systems
       Picture Archival and Communication Systems
    Insurance
       Administration Systems and Services
          Claims Administration
          Policy Administration
       Agent Management
       Core Insurance
       Insurance distribution and services
    Life Sciences
       Clinical Genomics
       Drug Development
       Drug Discovery
       Life Sciences Research and Development
       Medical Imaging
       Regulatory and Compliance
    Media and Entertainment
       Business Transformation
       Infrastructure Systems and Management
    Retail
       Customer Service
       Logistics
       Merchandising
       Retail Sell-thru Bundles
          Merchant Reach
       Sales Management
       Self- Service solutions
    Telecommunications
       Internet Data Center
       IP Telephony
       Network Infrastructure
       Network Management
       Network Operations
       Resource Systems and Management
       Service Management
    Travel and Transportation
       Airline Operations
       Airport Operations
       Corporate travel
       Demand Management
       Infrastructure Systems
       Security operations
    Wholesale Distribution
       Business management systems
    Cross industry
       Business Continuity
       Business Intelligence
          Data Mining
          Data Warehousing
          Financial Analysis
          Fraud Management
          Relationship Marketing
          Sales Analysis
          Text Mining and Analysis
       Business Process Management and Integration
          Production/Ops and Logistics
          Security and Disaster Recovery
       Computer Services
          Client Consolidation
       Customer Relationship Management
       Dynamic Infrastructure/Smarter Planet
       e-Business/e-Commerce
          Billing Systems
          Infrastructure Systems and Management
       Product Lifecycle Management
          Design
          Engineering and Analysis
          Implementation
          Planning
          Product Data Management and Collaboration
       Science and Technology
          Data Management
          Engineering
          Research and Development

  • + Customer size

    Primary target
    Midmarket Business (500 to 1000 employees)
    Large Business (greater than 1000 employees)
    Secondary target
    Small Business (50 to 99 employees)
    Midmarket Business (100 to 499 employees)

  • + Languages supported

    English

  • + Countries/regions available for distribution

    Australia , China , Hong Kong S.A.R. of China , India , Japan , Korea, Republic of

    Austria , Belgium , Denmark , Finland , France , Germany , Italy , Netherlands , Norway , Poland , Spain , Sweden , Switzerland , United Kingdom

    Israel

Technical information

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  • + Hardware/OS platforms

    Windows XP family
       Desktops and Notebooks (all brands, including ThinkPad/ThinkCentre PCs by Lenovo)
       IBM Systems: IntelliStation Pro
    Other Windows
       Desktops and Notebooks (all brands, including ThinkPad/ThinkCentre PCs by Lenovo)
       IBM Systems: IntelliStation Pro

  • + Services

    Business Solutions: Application Innovation
    Business Solutions: Strategy & Change
    Consulting
    Custom Systems Integration Services
    e-business Services
    Services: Application Implementation
    Services: Custom Application Development
    Services: Integration


Date last modified:    Jan 7, 2013


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Contact information

Elisabeth Pendergrass
703-790-0055

Company

Quantitative Software Management, Inc.
2000 Corporate Ridge
Suite 900
McLean, VA 22102
United States

703-790-0055

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