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Gain insights to move from strategy to

business outcomes with Strategic Portfolio Management

ServiceNow Strategic Portfolio Management allows the organization to align portfolios with organizational goals and objectives, prioritize investments, and make informed decisions based on real-time data and insights. It helps the organization to optimize resource allocation, track project progress, manage risks, and evaluate the overall performance of its portfolio.

With a comprehensive set of features, ServiceNow helps us to make informed decisions about which projects to prioritize, where to allocate resources, and which risks to mitigate. By leveraging this tool, it can streamline our portfolio management processes, increase efficiency, and improve their bottom line. LMTEQ gives the teams to flexibly work in Agile, traditional, or hybrid methodologies while adhering to strategic objectives.

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Here are some key features and capabilities of ServiceNow's Strategic Portfolio Management:

Contributions of SPM to our organization

Portfolio Governance

SPM helps organizations establish a structured governance framework to prioritize and align projects and investments with strategic goals. It provides visibility into project portfolios, enabling stakeholders to assess the status, health, and performance of each initiative.

Investment Analysis

SPM provides tools and methodologies to assess the financial viability and potential impact of strategic initiatives. It helps organizations evaluate investment options, perform cost-benefit analyses, estimate the return on investment (ROI), and make informed decisions about resource allocation.

Demand Management

It allows organizations to capture and evaluate the demand for new projects and initiatives. It provides a centralized intake process, where project requests are collected, evaluated, and prioritized based on predefined criteria and strategic alignment. This helps organizations optimize resource utilization and focus on high-value initiatives.

Collaboration and Reporting

SPM facilitates collaboration and communication among stakeholders involved in strategic initiatives. It provides dashboards, reports, and analytics capabilities to track key performance indicators (KPIs), monitor project progress, and generate insights for data-driven decision-making. It also enables teams to document and share best practices, lessons learned, and project-related knowledge.

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Why Choose LMTEQ as a
ServiceNow Service Provider?

  • Certified ServiceNow Professionals.
  • Expertise in Implementation and Integration.
  • Tailored Solutions to Meet Your Needs.
  • Time-Zone Aligned Support.
  • Top-Notch Ongoing Support and Optimization Services.