Nova for PPM
Product and service companies are challenged to grow their businesses through innovation, but they often lack the capabilities or discipline to do this effectively. To make smarter development investments and effectively deliver on them, companies need better visibility to innovation portfolios and project pipelines.
Nova for PPMTM is a practical model based on leading practices in product development and innovation. It accelerates the implementation and adoption of innovation process management and enabling tools with a flexible, rapid prototyping approach. Nova is the leading fast-track model for improving innovation portfolio visibility and increasing pipeline value.
Combining deep expertise with years of hands-on experience, Kalypso can help your company improve pipeline visibility, develop practical management processes and facilitate strategic innovation planning. Nova accelerates the adoption of innovation process management with a flexible design that integrates portfolio, phase-gate, resource, program and idea management practices. These capabilities provide the analysis, governance and business rules to drive innovation growth by:
- Monitoring investments and aligning them with strategy
- Proactively managing budget and resource constraints
- Communicating strategic priorities and objectives
The Nova for PPM model includes metrics, reporting, valuation techniques, business process flows and decision making structures for these capabilities. This practical model can be easily and rapidly deployed, tailored and validated—either on its own or enabled in enterprise PPM systems. The model includes:
- Idea and project evaluation criteria
- Portfolio and resource reporting, analysis and optimization techniques
- Governance and decision making structures
- Scalable phase-gate approach
- Cross-functional team design
- Business process models
- Role and responsibility definition
- Supporting tools and templates for quick enablement
To learn more about Nova for PPM, email Pamela Soin or call at +1.646.918.0214.