Enterprise-Wide Solution Manages Portfolio of Programs and Projects in Support of the Marine Corps’ Mission Essential Initiatives
CORASCloud, a global leader in business and work management solutions that reduce the cost and complexity of enterprise applications, in partnership with Digital Cloak LLC, today announced that the U.S. Marine Corps Systems Command (MCSC) has selected CORASManage™ as the standard for managing their portfolio of programs and projects in support of the Marine Corps’ mission essential initiatives. Specifically the Program Manager Information Systems & Infrastructure (PM IS&I) Product Manager Total Force Information Systems (PdM TFITS) is implementing CORASManage, a flexible, customizable Project and Portfolio Management (PPM) solution that will enable stakeholders to plan, manage, and execute work in a disciplined fashion across the organization’s dynamic environment.
This implementation includes the integration of a government funded and developed solution, Product Managers’ Tool Kit (PdM TK), and was deployed and operational within 45 days on the CORASWorks™ application platform. It will provide program and project managers an enterprise tool to manage and control program cost, spend plans, schedule and performance, as well as monitor risks across their individual projects and greater portfolios. Importantly, it will give organizational senior leaders the ability to manage and monitor in “real-time” situational awareness of a programs’ status.
“PdM TFITS as well as other Federal customers including DISA, Army and the Air Force are using the CORASManage ePM solution for numerous reasons including its ease-of-use, ability to adapt to established business processes, data integration, scalability, transparency throughout the acquisition/program management lifecycle, and speed at which it can be configured and fielded,” said Jim Benson, Chief Visionary, CORASCloud. “CORASManage’s ability to empower project officers and leadership to gain project/program insights across their portfolio within seconds is unmatched.”
Furthermore, this enhanced solution provides a customizable management solution that enables stakeholders to plan, manage, and execute work in a disciplined fashion across a dynamic environment. It supports analysis and decision making by visualizing data from across all programs within PdM TFITS ensuring a consistent, standardized collection of data that can be readily aggregated, analyzed and shared.
CORASManage includes a flexible foundation to provide executives, project managers, and other stakeholders the tools they need to effectively manage portfolios and projects. It is platform agnostic having the ability to aggregate multiple data sources into one location and is fully customizable so that the user has complete control of the look and feel of the data and reports.
The core project management functionality is supported by a variety of other key features including:
- Scheduling -- Plan, track, and modify work/projects with robust, interactive scheduling engine and Gantt charting.
- Cost management – Monitor and manage costs to stay within budget. Track estimated vs. actual EVM capabilities.
- Risk management – Identify, assess, and track any risk or issue.
- Dashboards and reporting – Dynamic, interactive dashboards and reports. Drill down into details, conditional formatting, and dynamic PPTX generator.
- Performance management – metrics, thresholds and KPI’s
- Data Integration – Native integration with Microsoft Project. Read/ write to external data or third-party apps. Enterprise reporting with Excel, Access, SQL Reporting Services and more.
In addition to these features, CORASManage performs full program life-cycle cost estimates supporting acquisition (or investment) program baselines. CORASManage Spend Plan functionality supports the financial planning, programming, budgeting and execution processes for identified investments; providing a centralized repository of program funding profiles for the tracking of budgets and funding lines across programmed investments, and emerging requirements; capturing planned and actual financial transactions (obligation vs. execution) for appropriations across multiple programs and funding sources.
About CORASCloud
CORASCloud is a global leader in management solutions and platforms. The company works with public and private organizations on every continent reaching more than one million users around the world to provide solutions that address individual and industry management challenges. CORASCloud takes a “business-first” approach by providing solutions that are agile and can respond to the changing needs of the business without the cost, complexity and complications of traditional systems development. CCORASCloud solutions create operational efficiency, cost and productivity savings and decision analysis and transparency and can be virtualized to run in any infrastructure, on any device. For more information or to schedule a demo visit: http://corascloud.com/#
