Oxford, England. May 16 2016 -- It is now widely agreed that major business improvement projects need Executive Support from the very top of the organisation if they are to succeed.
For PLM projects to get the right level of Executive Support, the appealing ideas for business improvement need to be backed up by real financial figures.
Senior VPs and directors see the high-level view, but they also live in the world of management accounts. To make a convincing case, only real facts and figures will do.
Now there is a toolset that can provide them. The PLM Team can stop dealing in 'qualitative' benefits, and present the justification in terms that are clear and precise.
The PLM Project Justification Handbook contains a practical and effective methodology for quantifying the Benefits of PLM. This enables the PLM Team to produce detailed metrics that can be approved by the Board, and measured for eventual success.
The Handbook leverages the standard set of documentation that would be required for any capital expenditure or project justification, and so the overhead of work required to prepare the PLM justification is kept to a minimum. Full details can be found on the PLMIG web site.
The PLM Interest Group
The PLM Interest Group is the leading neutral industry group for PLM. It has produced the PLM Project Justification Handbook for PLM financial justification; the PLMuERP Handbook for enterprise-wide PLM-ERP integration; as well as tools for Benchmarking, Maturity Measurement and Self-Assessment.
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