Enterprise-wide visibility of project / program performance.
Prioritise investment by business strategy and objectives.
Analyse the true ability to deliver each initiative on time and to budget.
Eliminate / combine under performing investments.
Accelerate strong investments.
Balance the risks and rewards of projects.
Clearly predict ROR and ROI.
Manage organisational capacity and direct resources that deliver the best return.
Evaluate the potential of new projects and track their progress.
Perform impact analysis and assessment of new and existing projects.
Manage benefits and model operational costs, revenue streams, investments and cost reductions.
Exploit comparative data to refine business plans aligned to corporate strategy.
Hydra Executive uses commonly understood terms and techniques to allow an organisation to easily assimilate the 'headline information' or 'executive dashboard' view of your project portfolio and the detailed 'what-if' and 'drill down' capability required for detailed analysis.
Hydra Executive is the first product designed to follow and comply with best practice as outlined in the UK Government SPRITE initiative, the Programme Management Specific Interest Group, and the British Computer Society working party initiative on Benefits Management.
Summary of Hydra Executive Features:
Many to many relationships between benefits, programs and projects. Hydra Executive is unique in providing the ability to manage complex interdependencies between benefits, programs and projects. Programs, aligned with corporate strategy deliver benefits, and projects provide deliverables to the program. Many projects can be aligned to one or many programs ensuring executives have the complete picture.
Alignment with the Hydra Process Framework. Hydra Executive completely supports the Hydra Process Framework ensuring the organisation is not only introducing the right mix of business initiatives but introducing and managing them in the correct manner.
Business plan baselines. Throughout key stages of a program or project, a 'snap-shot' or baseline maybe taken and grouped by stage for comparison at a later date. Using this comparative data organisation's now have the ability to further refine business plans aligned to corporate strategy.
Capacity Planning. Manage the organisation's total capacity by resource classification, by period and by cost rate. Capacity can be viewed by time and headcount. Modelling variances and capacity based on the above criteria provides powerful 'what-if' functionality and the ability to direct resources to the projects and programs that will deliver the most return.
New Suggestions Management. Hydra Executive encourages communication and collaboration within the organisation by allowing everyone to contribute to the strategy planning process by 'posting' new initiatives thereby putting them into the prioritisation and selection process. Users can track their ideas and suggestions to see if they progress into programs, projects and ultimately benefits.
Advanced Financial Modelling. Link financial profiles direct to key Hydra milestones enabling dynamic updates and forecasting. Model operational costs, revenue streams, investments and cost reductions over varying time periods including monthly quarterly and annually.
Exporting. All key data held within the central database maybe exported to other corporate tools for further reporting and analysis.
Recommend this page
Download the Hydra Executive PDF brochure
Learn more about benefits management
See Hydra Executive in action
Attend a FREE seminar and learn more about best practice