Assess and Prioritize for Optimal Resource Allocation with SAP xRPM

Assess and Prioritize for Optimal Resource Allocation with SAP xRPM

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Consider how portfolios, projects, and operations for IT, product development, and other areas are managed in your organization. Do they share resources? Are they aligned with current business objectives? What are the criteria used to fund projects? Learn how to use SAP xApp Resource and Portfolio Management (SAP xRPM) to answer those and similar questions.

Key Concept

SAP xApp Resource and Portfolio Management (SAP xRPM) provides capabilities for managing portfolios, human and financial resource capacity, and collaboration across an organization. It enables more precise allocation of resources to support organizational priorities and simplify the monitoring of projects and operations. It uses existing application assets from project management, financial, resource planning, time collection, and human resource systems to provide an enterprise-wide view of IT, product development, and other organizational portfolios. Aggregating this information allows you to enforce planning methodologies and best business practices. SAP xRPM was first released in December 2002; the latest version, 4.0, was released October 2005.

SAP xApp Resource and Portfolio Management (SAP xRPM) is designed to optimize and monitor the collection of activities — projects and baseline services — that an organization undertakes. CIOs and other organizational leaders use SAP xRPM to manage the activities and resources required to execute on their strategic portfolios as they would any other business investment. By scoring initiatives against success criteria defined by the business — such as reducing costs, accelerating time to market, or improving customer satisfaction — SAP xRPM better enables them to select the right projects and services to deliver maximum business value and monitor and govern the resulting mix with consistent metrics and performance criteria.

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