Closely Align Your Goals, Processes, and People
PMF provides authors with the ability to easily coordinate metrics and align them with the projects and processes that will be initiated to achieve them, as well as the people responsible for carrying them out. Owners can be assigned to each task, cause-and-effect linkages can be set between dependent activities, risks can be described and linked to metrics and grouped into consequences, and more - providing a clear, visual depiction of what core strategies and goals are, and exactly how the desired results will be reached. Additionally, objectives and related tasks can be modified on the fly, in response to dynamic business conditions.Owners and business users adjust weights, thresholds, and tolerances of metrics and objective with a graphical user interface without any IT or administrative intervention and in real time. 
|
Authors can easily align metrics, processes, projects, cause/effect linkages, and owners to best represent the goals and strategic themes of the business. In this example, clicking on the Best Practices theme highlights its aligned goals and objectives. 
|
- Directly connecting initiatives and goals to operational metrics and budgets, and defining the critical linkages and dependencies between them
- Allowing business users to easily adjust settings - such as weights, tolerances, and thresholds – for more precise prioritization as well as enhanced accountability
- Creating closed-loop performance management processes that allow stakeholders to not only monitor activities, but also update them in real time as well
- Giving users the ability to drill down from goals and KPIs to source transactional data, for a more detailed view of the factors that have the greatest impact on metric results
- Balancing organizational performance with market, financial, and operational risk by consolidating disparate reporting and business intelligence environments into a unified, structured framework
- Areas of measurement that represent specific problems or threats can be described as risks and linked to metrics that display the status of the risks
- Multiple causative risks can be linked into a grouping as consequences
- Enabling full compliance with regulatory guidelines, by simplifying and accelerating both required and voluntary disclosures
- Implementing and enforcing broad-reaching performance management governance policies
- Leveraging prescribed analysis for more pointed, directed discovery of the patterns and trends that influence performance management
