Portfolio Management Application

Data management is a critical function, but busy project teams don’t have the time or skills to stay on top of it.

Though information is harvested and reviewed at the project level, rarely is data rolled up in a way that makes it possible to identify opportunities and inefficiencies on a broader basis. This leads to resource conflicts, waste, and last-minute surprises and emergencies that could have been avoided.

Executives often don’t have good visibility into where projects are having problems, even when the difficulties are serious enough to impact other efforts within the portfolio. Communication strategies aren’t always robust enough to ensure the leadership team is aware of emerging challenges, and status reports may not highlight those problems that require executives’ attention. Unless senior management makes a concerted effort to stay on top of issues, they likely don’t have enough knowledge about the health of their portfolio to make the best strategic, operational, and financial decisions.

 

Few companies have a process for reviewing their entire project portfolio. This leaves the executives in the dark when it comes to evaluating how well the team is delivering its projects. Without a proven portfolio management and analysis strategy to guide them, organizations spend time and money fixing the same problem over and over, and never have the information necessary to improve their long-term performance.

Businesses don’t always have the project management proficiency and related tools to create and maintain accurate project plans. As inconsistent planning and control methodologies are used across the portfolio, any deficiencies in skills or expertise are magnified. The result? Big gaps in the organization’s approach to portfolio management.

How Our App Can Help

Immediate Visibility
You will have access to the status and trend of each project in the portfolio – is it on-time or at risk and is the end date getting better or worse over time.

One Safe Source of Status
You will have access to a list of all projects – their status, priority as well as a high level summary, available in a single place.

Assurances on Progress
You will know if the team is making progress each week, positive gains that ensures the expected finish date remains doable.

Early Warning System
You will have an early warning system that alerts you when the team’s progress is slowing to a point that requires corrective actions in order to avoid delays in the future.

Executive Status
You will have access to an Executive Dashboard so you can quickly evaluate the status of projects / programs and review the corrective actions the project team is undertaking to remedy any delays.

Aligned Execution
You will have a weekly control process that provides the structure to keep the portfolio current and the discipline to keep team members / project managers engaged and accountable.

Schedule a Demo

Project Experience

Experience
Portfolio Management
Successful portfolio management calls for exceptional data management skills and diligent oversight across multiple efforts.
Experience
Manufacturing
Demanding, time sensitive, and finely tuned, manufacturing projects require close attention and experienced oversight.
Experience
IT Projects
Organizations must be able to successfully execute challenging and highly visible technology projects to maximize revenue.
Experience
Power Plants
Power Plants must be able to keep these vital infrastructure assets current, efficient, and economically positive.
Experience
Energy
High-profile hurdles and expensive risks of failure make these projects critical to manage properly from the very beginning.
Experience
Aerospace
Presents complexities at nearly every stage, from allocating resources to controlling schedule variances, or clearing regulatory & safety hurdles.
Experience
Cross-Functional
Ensuring team members are able to move outside the silos of their department or discipline is the key to achieving success.
Experience
Product Dev
Design and other early-stage activities must be carefully orchestrated while maintaining visibility on future impacts and resource needs.
Experience
Mergers & Acquisitions
Among the riskiest and most strategically important initiatives a company can undertake, and their outcomes can make or break the business.
Experience
Finance & Insurance
Technology implementations call for the right level of planning detail and diligent oversight.
Experience
ERP & SAP
An ERP implementation can be among the most disruptive and strategically important initiative an organization can undertake.