Benefits of Cora’s Value Stream Management
Identify Savings and Streamline Projects
Identify efficiency savings using Cora’s Value Chain Analysis tools, which enable you to streamline projects and their business processes, so you deploy your resources more effectively, reduce costs and minimize waste.
Generate Total Flow Efficiency Metrics
Get insights into project progress with the Total Flow Efficiency metrics produced automatically with Cora’s Stage Gates functionality. This gives you the percentage of how long a stage is active (Value Add) versus inactive (Wastage) and helps you identify roadblocks and future risks and costs.
Generate Time-To-Value Metrics
Measure and assess Time-To-Value (TTV) metrics across multiple hierarchies such as product line, geography and portfolio to help improve customer retention and satisfaction.
Evaluate Primary and Secondary Activities
Use the Cora smart form designed specifically around Porter’s Value Chain Analysis to evaluate a project’s primary and secondary activities in terms of Costs, Benefits and Confidence in Execution.
View Data and Metrics Graphically
Roll your value chain metrics up to program and portfolio level to see which projects and portfolio structures produce the greatest value, and view them on interactive graphs and Gantt charts which function intuitively and dynamically.
Improve Decision Making and Strategic Planning
Use these value chain metrics for investment-level analysis, which enables your senior management team to identify trends and gaps across the value chain, to help with decision making around strategic planning, procurement, after-sales support and future products and services.
Watch This Video
See how Northrop Grumman increased the value their projects generate once they installed Cora PPM.
Reduce Wastage and Increase the Value Your Resources Generate
Increase the value your assets and resources generate on the individual projects where they’re deployed, and increase the overall ROI that your portfolio produces.
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Value Stream Management FAQs
What is Value Stream Management?
Value Stream Management helps you to identify efficiency savings and to streamline projects and business processes to improve decision making and strategic planning.
What features does Cora have to improve your value stream management?
The Cora Value Chain Analysis tools enable you to streamline projects and their business processes. While the Total Flow Efficiency metrics produced automatically with Cora’s Stage Gates functionality give you the percentage of how long a stage is active (Value Add) versus inactive (Wastage), helping you identify roadblocks and future risks.
It gives you the tools to generate Time-To-Value (TTV) metrics across multiple hierarchies, such as product line, geography and portfolio, which help improve customer retention and satisfaction.
And you can use the Cora smart form designed specifically around Porter’s Value Chain Analysis to evaluate a project’s primary and secondary activities in terms of Costs, Benefits and Confidence in Execution.
What are the benefits of using Cora project management software?
Cora project management software digitizes all your data and documents and brings them all together into the one, central hub.
It streamlines all your processes and systems so that everyone works in the same, standardized way. Your teams, business units and departments all work towards the same strategic objectives instead of working in siloes.
And it provides you with both granular visibility into each individual project, and with that 30,000 foot bird’s-eye view of your portfolio as a whole.
Can Cora be integrated with existing platforms and software solutions?
Crucially, Cora can be seamlessly integrated with any existing processes, platforms or software solutions.
With the result that whatever systems you currently employ, around for instance financials, resourcing or risk management, will all now be coordinated and organized using the one system. Making you the control tower, in charge of orchestrating each of the elements in your projects, programs and portfolio.
Will we get buy-in from our employees once we install Cora?
Cora has been designed and built as a no code low code platform to ensure immediate buy-in from all your employees. This means that it gets configured twice.
First, we take the out-of-the-box Cora and configure it for you so that it does exactly what you need it to.
Then, once you ‘go live’, the users that you’ve given access to will quickly and easily configure it for themselves, by taking the wide range of templates that are available to them, and dragging and dropping whichever features and elements they require for that particular functionality.