Finance integration connects costs, schedules, and forecasts
Seamlessly integrate your financial controls, resourcing, schedules, and forecasting. When finance data flows alongside project data, the COO and the CEO get a complete picture of how operational decisions affect the bottom line.
"It's about visibility and about early warnings. We're now doing this on all of our 37,000 projects. It all gets done in one tool, globally. For the first time ever, everyone's doing it in the same way, with the same methodology, in one tool."
-- Phil Howe, Project Management Excellence Leader, Europe, Honeywell Building Solutions
PPM aligns with COO roles across operations and execution
The chief operating officer is the overall leader of execution. COO roles span resource deployment, process standardization, risk mitigation, and cross-functional coordination. Cora PPM maps directly to these responsibilities by giving the operating officer a single platform where every project, program, and resource is visible.
At the executive level, the COO needs to know which projects are on track, which ones carry operational risks, and where teams are stretched thin. The experience of managing a portfolio in spreadsheets is frustrating and slow. Cora replaces that experience with live dashboards and automated alerts that keep the coo agenda focused on the jobs that matter most.
"By instantiating our global design model into an IT tool, we reinforce the standard work that the program managers and controllers and engineers are doing. And that improves the quality of the data that we have. Digitization helps you reinforce the standards that you've defined."
-- Vice President, Project Solutions, Honeywell
The chief operating officer uses PPM to manage operational risks
Chief operations leaders in charge of delivery need early warning systems that surface operational risks before they become cost overruns or missed deadlines. Cora PPM gives the COO the ability to see threats to cost, schedule, and resources across every project in the portfolio.
The career of any COO is shaped by how well they handle surprises. With Cora, the operating officer spots issues four to six quarters out and acts before they hit the bottom line. This is what separates reactive operations from a proactive coo job: the right data, at the right time, at every level of the business.
"We didn't understand where our resources were working. Were they working on the right things? Were they working on the top priorities? Our project health has gone up 20 percentage points with regards to schedule on the speed of the project."
-- VP Enterprise PMO, Copeland