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Medical Division Doubles Milestone Attainment with Integrated Project Scorecards
3M is a diversified technology company with a yearly revenue of nearly U.S.$23 billion. In 2004–2005, the company‘s Medical Division was not achieving its new product launch goals. Lack of a standard, simple format for communicating project status was creating project delays. To solve this problem, the division turned to an intuitive project scorecard solution, which it created with an integration of the Microsoft® Office Enterprise Project Management (EPM) Solution and Microsoft Office Visio® Professional 2003 drawing and diagramming software. The EPM solution maintains project information while Office Visio pulls the data into color-coded project scorecards that are easy to understand and share. Since using the integrated solution, the division has doubled its milestone attainment, improved business insight, simplified communications, and saved significant time on project status tasks.
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