Project Portfolio Management (PPM) is a continuous cycle that includes identification, selection and management of a collection of projects that align with both key performance drivers and strategic objectives. PPM allows organizations to choose the right projects for the business by analyzing demand against capacity, identifying optimal sequencing and ensuring all business investment objectives are being met for the most profitable portfolio.
Define, create and manage all project requests to better understand demand. Capture all requests including ideas, strategic projects, and operational work initiatives. Project requests contain built-in workflow for automated alerts and approvals. Seamlessly promote project requests to projects and create project sites to begin execution.
With visibility into real-time project investment status, it is possible to monitor progress in terms of actuals and forecasts on key dimensions such as cost, schedules, benefits, and risks and communicate status to all stakeholders. Increase the efficiency and effectiveness of the business by reducing the complexity of managing multiple projects through improved portfolio visibility.
PortfolioEngine allows you to optimize your business performance through pre-built workflow templates for approvals and stage gating. Streamline project approval through workflows to automatically initiate project execution. Easily customize your business processes to meet your approval needs.
Make better business decisions leveraging the EPM Live Project Optimizer App! The Project Optimizer app allows business decision makers to easily analyze project data to make informed No or Go decisions. Easily weigh resource and cost data to select the best project plan to ensure the right work is being executed providing the best value and highest ROI for your organization. Click here to learn more!
Demand takes many forms including large investment requests, simple project requests and large program requests, all vying for the same resources. Once you have visibility into all demand, you can classify, evaluate, and appropriately prioritize work to allocate resources to the highest value opportunities.
Capture key business drivers that matter most to the business by leveraging pre-built templates and forms for various project and work requests to standardize data capture and enforce consistency. Ensure strategic alignment by capturing data such as proposed benefits and ROI.