A constant, real-time overview of projects and resources allows you to assess which endeavors contribute to business objectives and determine the best way to invest accordingly.
It allows you to manage and distribute financial, inventory, technical, and human resources. In addition to offering resource allocation on an individual project basis it permits you modelling ‘what-if’ scenarios and apply them across the entire portfolio.
Provides a central repository for various change requests. This allows you to quickly assess inquiries as they arise, and match available resources to overall demand. Additionally, change management allows you to monitor project timelines and budgets in real-time.
These capabilities let you spot updated financial progress as it happens. If you are able to determine when projects will fall short of financial expectations, you can change the parameters or cease investment before incurring losses.
This allows you to analyze the risk present in each existing and potential project to determine confidence levels across the portfolio.
A self-service reporting dashboard provides a top-level view of projects, resources, budgets, requirements, and timelines. Analysis, predictive functionality, and “what-if” scenarios provide cohesive insights across investments to help leadership determine which efforts have the best prospects for high returns, assess the impact of changes to the portfolio, and reveal potential interdependencies. Project performance metrics from real-time data aggregation increase transparency.