But even Silly Putty can present serious issues for Meyer, CIO of the Los Angeles-based Funrise Toy Corp. "You can have 200 projects in the pipeline at any point," says Meyer. "Of those, 10 to 20% will make it." That means creative, engineering and manufacturing teams can all be working on several projects at once. "It's really a matter of managing resources," he says.
Trying to get a grip on
Meyer decided on Project Insight, which specializes in PM tools such as dashboard reports, Microsoft Office and Outlook integration, and cross-project resource scheduling for midsized companies. Funrise is a midmarket company that was recently acquired by Matrix Holdings.
"It was the right sweet spot for us," says Meyer, who spent about $30,000 on the software and did some in-house customization of Project Insight's templates. "From a management standpoint you can see how many projects are in the pipeline, how many are in jeopardy of falling behind and how many are making it."
He also invested about six months studying existing processes at Funrise before defining his new software needs, he says. "Now," says Meyer, "we're really able to maintain timelines in a way we could never do before." Problem solved.
Ellen O'Brien, a former senior editor at CIO Decisions, is now a senior editor at Storage magazine. Write to her at firstname.lastname@example.org.
This was first published in September 2007