Conference%20Attendance%20Cost/Benefit%20Analysis

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• Conference AttendanceCost/Benefit Analysis
• Note This presentation contains hyperlinks to
  the web for more information about certain topics

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The Business Case

• Is Balancing Multiple Projects with Limited
  Resources important to you?
• Do you find that there are too many projects and
  not enough time, money and people to get
  everything done?
• Is it difficult to set priorities when every
  project is urgent?
• Do you feel that your organization could get a
  lot more done if only things were organized and
  planned better?
• Has your organization optimized the product
  portfolio for maximum economic value?

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The Business Case

• How much would it be worth to your company, if
  you could
• Select the right portfolio, leverage platforms
• Effectively allocate resources across multiple
  projects
• Resolve conflicting priorities
• Determine the right number of projects to feed
  into the pipeline
• Organize and motivate people
• Ensure product strategy meets corporate goals

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Quantifiable Payback

• Learn
• How to leverage multi-project management to
  achieve huge savings in development costs
  (engineering hours) as well as growth in sales
  and market share (speaker Michael Cusumano)
• How to allocate resources to maximize portfolio
  value and ROI (speaker Dr. Scott Edgett)
• How agile project management methodologies can
  address the shortcomings of traditional project
  management approaches in a rapidly changing
  environment (speaker Jim Highsmith)
• Receive input and advice from top experts whose
  daily rates alone would be more than 3x the cost
  of attending

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Quantifiable Payback

• Case Studies
• How Sprint reduced cycle time by 40, increased
  throughput by 55, and managed IT resources
  within 1 of budget (speaker Paul Sapenaro,
  Sprint)
• How Texas Instruments implemented a simple tool,
  polarity mapping, to reconcile conflicting
  priorities
• (speaker Curt Raschke, Texas Instruments)
• How Cisco Systems stays on top of changing
  customer requirements as well as rapidly moving
  technologies (speaker Bob Frazier, Cisco
  Systems)
• Receive practical real-world insights from
  leading companies that have tackled Pipeline and
  Portfolio management issues head-on

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Expert Advice

• Receive advice from respected product
  development and portfolio management experts in
  pre-conference workshops and case studies
• Workshops on
• Setting Project Priorities for Effective Pipeline
  and Portfolio Resource Management led by Mark
  Deck and Jeff Dupuie of PRTM
• Agile Pipeline/Portfolio Management How to
  Create Buy-In led by Greg Githens of Catalyst
  Consulting
• Implementing the TOC Multi-Project Method led
  by Tony Rizzo of PD Institute
• Additional Case Studies from
• Sprint, Toyota, LSI Logic, Texas Instruments,
  Hercules, Cisco and more.

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Economic Analysis

• The Cost of Attending
• Travel to Chicago (easy flights from most
  airports)
• Hotel room (Chicago Hyatt OHare relatively low
  cost)
• 2-3 days out of office
• Conference fee
• Miscellaneous
• Estimate 2500-4500 plus the value of your time

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Cost of Not Attending

• The cost may seem high, but consider the cost of
  not attending
• No change in pipeline and portfolio management
  methods (throughput, cycle time, or profits
  remain the same)
• Potential stagnation
• Potential staff burnout
• Lack of competitive insight
• Lack of tools to facilitate improvement
• Estimate The costs of these are difficult to
  estimate, but could easily range in the
  thousands - millions in productivity,
  especially when you consider missed opportunities
  and lost market share
• Be sure to consider how conferences can be a
  catalyst for organizational change and improvement

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Summary of Benefits

• Value of Participating
• Reduce complexity
• Improve agility and responsiveness to market
  needs
• Save development costs
• Improve time to market
• Increase profitability
• Improve staff morale
• Enable innovation
• Improve throughput
• Meet strategic objectives

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Economic Analysis

• Quick Calculator
• Use this quick Excel-based cost calculator to
  cost justify your decision to attend this
  important conference. (Double-click the chart to
  the right to activate Excel - NOTE You can not
  access the spreadsheet in slide show mode).
• Note There are numerous approaches that can be
  used to calculate the value of cycle time
  reduction.

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Getting More Value

• To build a holistic approach to the entire
  product creation process, consider attending the
  NPD Executive Roadmap Series

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• For more information or to register
• Call Management Roundtable at 800-338-2223
• Or visit our website at
• www.ManagementRoundtable.com