Ultimate PM

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Ultimate PM is a revolutionary performance monitoring and project management all-in-one solution. It utilizes unparalleled communication, meeting management, capacity planning, vital reporting and metrics to all levels of management. Find out why it is a revolution in business excellence, efficiency, and best practices.
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THE ULTIMATE TOOL FOR PERFORMANCE MONITORING AND PROJECT MANAGEMENT

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[accordion-item title=”Projects On Time and On Budget” id=ProjectsOnTime]Projects cannot be on time and on budget unless the budget and schedule adequately reflect ALL of the costs incurred. By using a patented process to establish the most accurate budget and schedule, Ultimate PM® is the world’s only tool that accurately accounts for capacity planning, the expected time value of risk, meeting time, training and recruitment, project manager costs, and much more.[/accordion-item][accordion-item title=”True Cost™ Metrics Dashboards” id=TrueCostMetrics]True Cost™ Metrics dashboards are windows to the actual cost of doing business. The numbers do not merely estimate a simple time and expense formula, but a scientific and patented formula we call True Cost™ Metrics. This means additional costs such as initiating and planning, training and recruitment, meeting time, project manager cost, and much more are included in the estimate and performance metrics. Ultimate PM® is the only tool that accounts for capacity planning. This adjusts for non-worked and non-productive hours. For example, most software calculates ten employees working a ten-hour day, equals 100 hours of productivity. This has proven scientifically not to be the case, and Ultimate PM® uses the statistics from scientific research to account for the amount of productive time lost in each day.[/accordion-item][accordion-item title=”Transparency for Lenders and Investors” id=Transparency]In one year, failed IT projects cost businesses over $6 trillion globally.  Lenders and investors have a window into their investment performance like no other reporting mechanism when using Ultimate PM® dashboards. It is a current and accurate measurement of the financial performance told with clear and descriptive numbers such as: CPI, SPI, ETC, EAC, Budget, and Budget Variance. All metrics are measured and securely available on the web or mobile devices in real time. This transparent monitoring allows for greater accountability for the borrower and risk-avoidance for the lender.[/accordion-item][accordion-item title=”Encoded with True Risk™ Management” id=EncodedTrue-Risk]When top project managers attribute a value to risk, and the values are not properly calculated into the budget, a project can suffer catastrophic failure. Only Ultimate PM® calculates the True Risk™ directly into the system. Others only capture the estimated monetary value of risk, or EMV, Ultimate PM® also calculates the estimated time value of risk – ETV. Activities and milestones impacted by risk are calculated in the critical paths and are automatically added into budget. True Risk™ ensures the complete cost of a risk is accounted for, because it understands the relationship between activities and instantly knows when there is an impact to the schedule.[/accordion-item][/accordion]

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PROJECT MANAGEMENT COMMAND SYSTEM

[accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Ensures Top 1% of PMP Best Practices” id=Top1PMP]Ultimate PM® encodes the best practices used by only the top 1% of project management professionals. The formulas and procedures imbedded in Ultimate PM® go above and beyond those recommended by the PMBOK® Guide. Ultimate PM® begins by following a simple work breakdown structure with activities and milestones. This determines the critical path to project completion – far superior to a Gantt chart. Calculating the project baseline includes cost overlooked by 99% of PMPs; such as: initiating and planning, meeting time, project manager cost, capacity planning, and the expected time value of risk. These best practices have been taught in PMP advanced training courses for many years and are known as the Pinnacle Principles™.  However, a tool to implement this level of excellence has not been available until now. [/accordion-item][accordion-item title=”Estimate and Monitor the True Cost™” id=EstimateTrueCost]Ultimate PM® is the only product that measures the true cost of projects. The patented True Cost™ formula captures expenses that do not appear in the work breakdown structure of a project. This includes meeting time, training and recruitment, incentives, and much more. Estimating a project reliably and knowing the True Cost™ is more accurate than “guesstimating” or “padding” budget numbers. These practices put projects at risk of failure. Without Ultimate PM® calculations, project estimates are unpredictable – often as much as 200%-300%! By contrast, Ultimate PM® is designed to keep a budget variance of less than +/-10%.  [/accordion-item][accordion-item title=”Team Efficiency and Collaboration” id=Collaboration]Ultimate PM® helps project teams be more efficient and collaborative. For example, as each activity is completed the next team member is automatically notified. This eliminates the need for endless status update meetings. Ultimate PM® also stores notes, conversations and documents. They are available anytime, anywhere, over a secure cloud. This facilitates open team communication and avoids confusion as to “who said what and when”. It is all stored as part of the project record, and is instantly available for project audits. [/accordion-item][accordion-item title=”Combines Agile and PMBOK® methods” id=AgileandPMBOK]Ultimate PM® combines the best of Agile methodology with the disciplined work breakdown structure guidelines of the Project Management Institute. It is like having 10,000 yellow Post-It notes, intuitively communicating with each other. Like Agile, Ultimate PM® is flexible in setting up two-week scrums and prioritizing activities. Yet it also incorporates a WBS: Work Breakdown Structure, as PMBOK® regulates. This puts a completion date to each project – a solid and measurable date. Unlike Agile, Ultimate PM® each project has an end date and can be measured from beginning to completion. And, unlike Agile, this allows stakeholders to more easily identify ROI. More on Agile/PMBOK[/accordion-item][/accordion]

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ENTERPRISE PERFORMANCE MONITORING

[accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Measure True Cost™ Metrics in Real Time:” id=MeasureTrue]Just like airplane pilots used instruments to measure speed and altitude, Ultimate PM® dashboards display multiple measurements that are precise with up-to-the-minute accuracy. Ultimate PM® is a true Enterprise system, reaching across entire organizations. Other products use simple red, yellow, green lights to measure performance, while others claim to have “business intelligence”. Yet no other tool captures the true Earned Value. Contrary to competitors, Ultimate PM® understands that Earned Value is attributed to all items comprising the budget.  In the patented True Cost™ formula, the Earned Value results from risk, project management, initiating and planning, meetings, incentives, etc.  Essentially, if it is a cost – it must be in the budget.  If it is in the budget, it must result in Earned Value.  If not, metrics are meaningless.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h4][accordion-item title=”CPI – Cost Performance Index” id=CPI1]CPI is literally the ratio of Earned Value/Actual Cost.  This ratio represents the comparison between the two – which indicates how the project is actually performing against the budget. Because Ultimate PM® captures every activity in a project it constantly monitors CPI.[/accordion-item][accordion-item title=”SPI – Schedule Performance Index” id=-SPI1]Often overlooked, the SPI – Schedule Performance Index is an indicator of whether a project is on pace to finish on time. Ultimate PM® knows the dependencies between activities, so can instantly detect variance in the project critical paths that effect the SPI. [/accordion-item][accordion-item title=”ETC – Estimate to Completion” id=ETC1]The ETC – Estimate to Completion simply indicates from this point in the project, how much will it cost to finish.[/accordion-item][accordion-item title=”EAC – Estimate at Completion” id=EAC1]For a project to be successful the EAC – Estimate at Completion must be equal to, or less than the budget. [/accordion-item][accordion-item title=”Percentage Complete\Percentage Spent” id=PercentageComplete]Ultimate PM® also calculates Percentage Complete – the percent of the project complete, and Percentage Spent – the percent of the budget is spent.  Viewed in tandem, the Percentage Complete should be at or more than the Percentage spent.[/accordion-item][accordion-item title=”Budget” id=budget1]This metric is steady unless there is a formal change order made to the project. Using the highest standards in the project management industry, Ultimate PM® produces extremely reliable budget estimates. This means that everything that adds a cost to the project is captured. This includes project manager cost, meeting time, incentives, training and recruitment, non– worked and non–productive time, etc. The Ultimate PM® True Cost™ formula accounts for the real cost of business and is not derived from “guesstimates” or “padded” numbers.[/accordion-item][accordion-item title=”BV – Budget Variance” id=BV1]When a budget variance is negative it’s a good thing. This means the project is under–spending it’s allocated budget. [/accordion-item][/accordion]

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EXECUTIVE PLANNING AND CONTROL SYSTEM

 [accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Measure Strategic Plan and Objectives” id=MeasureStrategy]Ultimate PM® empowers executives to measure strategic plan, objectives, project portfolios, down to the project level. As each activity or milestone is completed, numbers immediately roll up to the Ultimate PM® Executive Dashboards. Executives can view meaningful, accurate and current performance data. Ultimate PM’s patented formula reports simple and accurate performance metrics, revealing the True Cost™ of doing business. [/accordion-item][accordion-item title=”Performance Alerts on Secure Cloud” id=Alerts1]Ultimate PM® executive dashboards are available anywhere, anytime over a secure cloud. When projects underperform, alerts appear in the reporting metrics so business leaders immediately know when all is not well. Ultimate PM® uses the highest standards of security and permissions for greater organizational transparency yet following the strictest of corporate guidelines and federal regulations.[/accordion-item][accordion-item title=”Process Improvement in any Industry” id=ProcessImprovement1]Many industries such as construction, software, and manufacturing rely on repeating success and process improvement. Ultimate PM® breaks down work into milestones and activities. This creates project templates and a report of all activities. Using Ultimate PM®, projects get more successful each time as PMPs can modify workflow and processes for each repeated project. Ultimate PM® also creates a record of all activities for project audits.[/accordion-item][accordion-item title=”Measures ROI like no other product” id=MeasuresROI]Ultimate PM’s patented formula reveals to executives the true measure of business activity for any given project. Return on investment numbers are continuously updated as the project progresses. There is no guessing wondering or explaining complex algorithms. Since Ultimate PM® follows the best practices of the top 1% of project managers, business leaders can know with confidence how much was invested and how much was spent.[/accordion-item][/accordion]

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BANK, LENDER AND INVESTOR RISK REDUCTION

 [accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Transparent Performance Metrics” id=TransparentMetrics]Ultimate PM® creates a transparent window for banks and lending institutions to measure the true performance of their investments. Ultimate PM® provides investor with private and secure dashboards that work within corporate disclosure guidelines. Now project financiers can monitor precisely the money poured into a project and be warned of an underperforming investment – before it becomes a catastrophic failure. With Ultimate PM, banks, lenders and investors can offer more favorable rates to businesses because they know with assurance exactly where the money is going and can monitor performance on a daily basis.[/accordion-item][accordion-item title=”Investment Performance Dashboards” id=PerformanceDashboards]With Ultimate PM® dashboards lenders and investors monitor multiple projects across multiple organizations – securely on the web or any mobile device. This breakthrough monitoring system brings investors as close to the information on their investments as corporate policies, and disclosure laws will allow. Ultimate PM® investor dashboards report on vital, real-time metrics including CPI, SPI, ETC, EAC, Budget, and Budget Variance. [/accordion-item][accordion-item title=”Encoded with True Risk™ Management” id=EncodedwithTrue-Risk]When top project managers attribute a value to risk, and the values are not properly calculated into the budget, a project can suffer catastrophic failure. Only Ultimate PM® calculates the True Risk™ directly into the system. Others only capture the estimated monetary value of risk, or EMV, Ultimate PM® also calculates the estimated time value of risk – ETV. Activities and milestones impacted by risk are calculated in the critical paths and are automatically added into budget. True Risk™ ensures the complete cost of a risk is accounted for, because it understands the relationship between activities and instantly knows when there is an impact to the schedule.[/accordion-item][accordion-item title=”Precise Budgeting and Estimates ” id=PreciseBudgeting]Ultimate PM’s patented formula reveals to executives the true measure of business activity for any given project. Return on investment numbers are continuously updated as the project progresses. There is no guessing wondering or explaining complex algorithms. Since Ultimate PM® follows the best practices of the top 1% of project managers, business leaders can know with confidence how much was invested and how much was spent. [/accordion-item][/accordion]

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GOVERNMENT COST CONTAINMENT

 [accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Highest Standards of Estimating” id=HighestStandards]Ultimate PM® gives government officials and agencies the industry’s most powerful tool for estimating and containing costs. Encoded within Ultimate PM® are the best practices of the top 1% of PMPs. The patented True Cost™ metrics accounts for hidden costs that others overlook. This includes initiating and planning, incentives, meeting time, capacity planning and much more. Without True Cost™, project estimates are unpredictable –often of by as much as 200%-300%! By contrast, Ultimate PM® is designed to keep a budget variance of less than +/-10%.[/accordion-item][accordion-item title=”Alerts on Underperforming Projects” id=Underperforming]Information often moves slow in large organizations, and stakeholders are unaware a project is failing until it’s too late. With Ultimate PM® government dashboards, projects are monitored 24/7 and available securely over the web or mobile device. Built-in alerts highlight under-performing projects immediately so adjustments can be made, holding people accountable, even terminating contracts when necessary. [/accordion-item][accordion-item title=”Built-in Performance Improvement” id=PerformanceImprovement]When projects are repeatable, Ultimate PM® becomes an extremely powerful performance improvement tool. Project templates help repeat project success and allow for adjustments each time. With Ultimate PM®, problems are eliminated and successes are repeated. This capability also helps in estimating, as past successes are tracked and monitored. Audit information is continuously stored in Ultimate PM®.[/accordion-item][accordion-item title=”The Ultimate Accountability Tool” id=Accountability]Ultimate PM® adds a new and revolutionary level of transparency and accountability for government agencies and their private contractors. Using government dashboards, an agency can directly monitor active projects with the most accurate numbers in the project management industry. Ultimate PM® tracks and monitors each activity and milestone. The information needed for audits is captured in the system in real time. Ultimate PM® enables robust cost containment and essentially eliminates waste, overcharging, and fraud in the business of government.[/accordion-item][/accordion]

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ULTIMATE RISK MANAGEMENT SYSTEM

 [accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Encoded with True Risk™ Management” id=True-RiskManagement2]Ultimate PM’s patented True Risk™ management accounts for risk in not one but two ways. Other products only account for the EMV – Expected Monetary Value of risk; but Ultimate PM® adds the ETV – Expected Time Value of risk. This is because Ultimate PM® is able to track the dependencies of a project and calculates the critical path when a risk is triggered. True Risk™ also uses True Cost™ metrics in calculating ETV. True Cost™ makes adjustments for hidden costs such as meeting time, incentives, non-productive time and much more.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h4][accordion-item title=”EMV – Expected Monetary Value” id=ExpectedMonetaryValue]Ultimate PM® has a robust project estimation and baseline algorithm that add the correct EMV – Expected Monetary Value of risk.  The EMV of risk is the standard risk calculation added into the budget based on the percent chance risk occurring. Ultimate PM® doesn’t use this number alone, it adds ETV – Expected Time Value as well.[/accordion-item][accordion-item title=”ETV – Expected Time Value” id=ExpectedTimeValue]Ultimate PM® is the only tool to automatically calculate the ETV – Expected Time Value of risk. Ultimate PM® can do this because it is aware of dependencies of activities and milestones and critical paths of a project.[/accordion-item][accordion-item title=”Patented Formula” id=Formula]True Risk™ management is a patented formula adding both ETV – Expected Monetary Value and ETV – Expected Time Value of risk. True Risk™ also uses True Cost™ metrics in calculating ETV. True Cost™ makes adjustments for hidden costs such as meeting time, incentives, non-productive time and much more.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Monitors Risks, Bugs and Test Plans” id=BugsTestPlans]Ultimate PM® manages risks, bugs and test plans – a vital part of project management. In large projects, when things go wrong dependencies change and other planning and testing must occur. Ultimate PM® captures all accurate activities related to bugs risks and test plans so the true project cost is continuously and robustly monitored. Business leaders can be aware, and quickly respond before a small crisis leads to a large catastrophe.[/accordion-item][/accordion]

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SOFTWARE DEVELOPMENT POWER TOOL

[accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Combines Agile and PMBOK® methods” id=CombinesAgilePMBOK2]Developers like using Agile methodology to make consistent progress and improvements to software products. Yet the PMBOK® Guide and Standards follows a traditional work breakdown structure, with a clear beginning and end date to each project. Ultimate PM® combines the flexibility of Agile methodology with the disciplined work breakdown structure guidelines of the Project Management Institute. More on Agile/PMBOK[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h4][accordion-item title=”Regular Improvements like Agile” id=RegularImprovements]Like Agile, Ultimate PM® is flexible in setting up regular project “scrums” of two weeks. Regular and measured milestones help software developers to stay on schedule. It is like having 10,000 electronic Post-It notes that can link and communicate. One problem with pure-Agile products however, there is no end date to the project. Projects that are endless make it difficult to measuring ROI, and are bad for business.[/accordion-item][accordion-item title=”WBS – Work Breakdown Structure” id=WBS2]Ultimate PM® also incorporates WBS: Work Breakdown Structure, as The PMBOK® Guide and Standards of the Project Management Institute regulates. This puts a completion date to each project – a solid and measurable date. Because of this, unlike Agile, Ultimate PM® identifies the ROI – Return on Investment – an important measurement every business should be aware of.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Team Efficiency and Collaboration” id=Collaboration2]Ultimate PM® helps project teams be more efficient and collaborative then ever before. For example, as each activity is completed the next team member is automatically notified. This eliminates the need for endless status meetings. Ultimate PM® also manages risks, bugs and test plans – a vital part of software development. Every team members has a custom dashboard with status alerts for activities, bugs, test plans and enhancements.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h4][accordion-item title=”Store Documents and Conversations ” id=StoreDocuments]Ultimate PM® also stores notes, conversations and documents. They are available anytime, anywhere, over a secure cloud. This facilitates open team communication and avoids confusion as to who said what and when. It is all stored as part of the project record, and is instantly available for project audits[/accordion-item][accordion-item title=”Less Status Update Meetings ” id=LessMeetings]Ultimate PM® eliminates the need for endless status update meetings. As each activity is completed the next team member to perform an activity is automatically notified. This eliminates the need for endless status meetings. It’s like having 10,000 electronic Post-It notes that can link and communicate![/accordion-item][/accordion]

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CONSTRUCTION & MANUFACTURING ALIGNMENT TOOL

 [accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Built-in Performance Improvement” id=Built-inImprovement]When projects are repeatable, Ultimate PM® becomes an extremely powerful performance improvement tool. Project templates help repeat project success and allow for adjustments and tweaks each time. This capability also helps in estimating as past successes are tracked and monitored. Audit information is continuously stored in Ultimate PM® problems eliminated, successes repeated.  Ultimate PM® also empowers Construction and Manufacturing industries to incorporate LEAN or other efficiency improvements into their project template – for repeatable and definable success.[/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h4][accordion-item title=”Create the most Accurate Estimates” id=AccurateEstimates2]With Ultimate PM® budgeting and estimates are accurate to the top 1% of project managers. This means the amount budgeted is the true cost of doing business through the completion of the project. [/accordion-item][accordion-item title=”Custom Integration with Supply Systems” id=CustomIntegration]Ultimate PM® is part numbers and quantities. This allows for custom development to interface with suppliers, SAP or similar systems to accomplish the following: 1. As part numbers are built into a WBS, cost estimates of the parts can be derived from the interface, pulling the latest price for the item into the project plan. 2. As the time nears for a part to be ordered, the system can order in a way to maintain JIT (Just in Time) ordering to maintain minimal to no inventory expense. 3. A menu system for sales teams can be developed which can create WBS sections based upon selections of parts to be manufactured, all the labor to accomplish the work, current prices of parts to be purchased and profit margin to generate a complete bid for the work. [/accordion-item][/accordion][accordion autoclose=false clicktoclose=true tag=h3][accordion-item title=”Capacity Planning for Scheduling” id=CapacityPlanning]Ultimate PM® is the only tool that accounts for capacity planning. This adjusts for non-worked and non-productive hours. For example, most software calculates ten employees working a ten-hour day, equals 100 hours of productivity. This has proven scientifically not to be the case, and Ultimate PM® uses the statistics from scientific research to account for the amount of productive time lost in each day.[/accordion-item][accordion-item title=”Estimate and Monitor the True Cost™” id=EstimateMonitor2]Ultimate PM® is the only product that measures the true cost of projects. The patented True Cost™ formula captures expenses that do not appear in the work breakdown structure of a project. This includes meeting time, training and recruitment, incentives, and much more. Estimating a project reliably and knowing the True Cost™ is more accurate than “guesstimating” or “padding” budget numbers. These practices put projects at risk of failure. Without Ultimate PM® calculations, project estimates are unpredictable – often as much as 200%-300%! By contrast, Ultimate PM® is designed to keep a budget variance of less than +/-10%. [/accordion-item][/accordion]