Product | Features
Portfolio Management
  • Portfolio Management is a synthesis of
 
  1. Aligning IT with Business
  2. Breaking a project down into smaller components linked as a Program
  • Project portfolio management organizes a series of projects into a single portfolio consisting of reports that capture project objectives, costs, timelines, accomplishments, resources, risks and other critical factors
Why Portfolio Management?
  • Companies adopt IT portfolio management for four primary reasons:
 
  1. To make IT a more transparent cost center
  2. To better demonstrate the value of IT
  3. To better align IT with business strategy
  4. To increase ROI
Features
  • Portfolio definition at a strategic, tactical, or operational levels in the organization
  • Complete automation and effective management of all phases of Portfolio Management

 
  1. Portfolio Designation
  2. Portfolio Evaluation
  3. Portfolio Selection & Prioritization
  4. Portfolio Execution
  • Configurable Portfolio Types, Factors and Rating Scales
  • Project Evaluation based on User-definable and Pre-defined Financial Factors. Following methods are used for evaluating, selecting and prioritizing Projects

 
  1. Net Present Value
  2. Return on Investment
  3. Cost Benefit Analysis
  4. Earned Value – Cost Performance Index and Schedule Performance Index
  5. Payback Period
  6. Internal Rate of Return
  7. Project Status
  8. Project Time
  • Prioritization and Ranking of Programs & Projects
  • Borda Report
  • What-if scenarios for identifying business alternatives
  • Opportunity-Threat Matrix
  • Reports that capture project objectives, costs, timelines, accomplishments, resources, risks and other critical factors
  • Knowledgebase of Project Evaluation Details
Benefits
  • Establishes a structure for selecting the right programs and projects
  • Assesses whether requirements can be accommodated within existing organizational capability and capacity
  • Allocates right resources to the right programs and projects
  • Ensures ongoing alignment of programs and projects with strategic objectives and targets
  • Resolves conflicts and contentions for scarce and costly resources
  • Identifies and manages interdependencies between programs and projects
  • Monitors progress on programs and projects against key outcomes
  • Ensures ongoing successful delivery of programs and projects
  • Optimizes organizational investment
  • Maximizes returns from investment