Folio is proud to report that the security of the Folio Priority System has been reviewed and tested by the U.S. Department of Energy, and it has passed their stringent Certification & Accreditation process–a testimony to the quality and security of our product.

Folio Technologies partner Lee Merkhofer will be giving a 2-day training workshop through EUCI on project portfolio management in the utilities industry on March 23-24, 2010, in Toronto, Ontario. Details and registration available here.

In this insightful video commentary, Charles Alsdorf, of Deloitte Financial Advisory Services and with whom Folio often collaborates, outlines the importance of capital budgeting and capital efficiency in the midst of (or coming out of) the recession. Among Charles’s points, the following trends and recommendations (all addressed in Folio Priority System) are worth noting:

• an increased scrutiny on spending, hence the need for an audit trail,
• the need for a thorough and quantified treatment of risk in the prioritization process,
• the importance of a tool that levels the play field and allows the comparison of “apples and oranges” across business units,
• the value of thinking about capital budgeting as more than just go/no-go decisions.