Portfolio Planning: Project Portfolio Planning

One tool to manage project requests, prioritize and score all of your potential projects, objectively compare your potential projects and make sure that you select only those with the highest returns.

In addition, you'll streamline the project startup and staffing, being able to manage your resources and launch projects directly from the portfolio planning tool. Never start the wrong project again; focus on those that will return the greatest dividends.

Features

• Captures and easily manages all incoming project requests.
• Manages, evaluates, scores and approves projects in one easy process.
• Easy-to-use Business Case Wizard enables you to document all parameters relevant to your decision.
• Decision support reporting and matrices.
• Scorecards all potential projects to determine which you should initiate.
• Calculates estimated ROI and internal rate of return.
• Measures project risk factors.
• Ranks projects by value added.
• Forecasts resource needs.
• Staffs projects from available resources.
• Spending trend analysis.
• Creates, staffs and launches projects into TDNext directly from portfolio planning.
• Detailed project pipeline tracking and reporting.
• Portfolio planning dashboards.
• Tracks which areas of your business request projects most often.
• Details which vendors you use most or least often.
• Requester portals seamlessly communicate the status of requested projects.
• Tailored to your portfolio planning process; fully configurable.
• Fully integrated with other TeamDynamix products.

Benefits

• Make sure projects align with your business strategies.
• Objectively evaluate which projects you should be doing.
• Decisions are supported with clear and flexible reporting tools.
• Understand project spending across the organization.
• Analyze spending trends.
• Reduce losses from projects that shouldn’t have been started in the first place.
• Only do the projects providing the most impact for your money.
• Never start projects that you don’t have the resources to complete.
• Understand the financial implications of your upcoming project load.
• Make staffing and launching projects easy with the embedded staffing and project initiation tools.
• Understand which business units or locations account for the majority of your project dollars.

Questions Answered by Portfolio Planning:

• How can I objectively know what projects we should be doing?
• How can I easily compare all of our requested projects?
• How can we objectively select and decline project requests?
• How do I know if I have the resources to complete future projects?
• How do we know what areas of the business are proposing and receiving project dollars?
• How can I access up-to-date project pipeline information without someone spending hours to generate the reports?

Audience

• PMO
• Staffing Coordinators
• Project Requesters
• Executives