Oxford, England. Sep 09, 2014 -- The PLMIG announces the publication of the new PLM Project Justification Handbook, which contains a complete, practical methodology to quantify the costs, benefits and commercial value of implementing PLM. It is ideal for use when the priority is immediate financial justification of PLM.

 

The Handbook and its supporting toolset enable PLM Managers to prove that PLM is worth doing from a purely financial viewpoint. Its core premise is that you should be able to quantify anything that PLM can achieve for a business, and build those metrics into PLM proposals. It fulfils one of the main aims of any capital expenditure submission, which is that the justification can be approved on financial grounds alone.

 

The Handbook is designed to be as easy to understand and use as possible. Its methodology is practical and straightforward. It enables the PLM Team to produce properly costed proposals for new PLM projects, that can be assessed for demonstrable success after they have been implemented.

 

More information is available on the PLMIG web site. The Handbook and its supporting toolset are available via PLMIG membership.

 

The PLM Interest Group
The PLM Interest Group is the leading neutral industry group for PLM. It has developed the first ever PLM Governance Standard, together with a new generation of applied PLM material including the PLM Best Practice Library and the Path to PLM. Previously PLMIG workshop series have produced the PLM Benchmarking Handbook; the PLM Maturity Reference Manual; and the PLMuERP Handbook.

For more information, please contact:
Roger Tempest
PLMIG