Project Portfolio Management Software
What tools do PPM teams use to manage their projects? Learn best solutions and best practices for managing your project portfolios.
Project leaders use a variety of tools to keep their project portfolios on track. When choosing PPM software, it’s important to get powerful tools that work across the organization, for better project visibility.
When you’re managing projects across a portfolio, there are many moving parts you need to track. There’s the strategic alignment, change management, budget allocation, and resource management across the enterprise. Plus, project portfolio management can inherently mean more risks and constraints, all of which require robust PPM tracking tools that can be extended to multiple teams. Without the proper tools and techniques, these problems can become quickly overwhelming.
What is Project Portfolio Management Software?
Project portfolio management is a project and program management technique employed by project managers and PMOs in order to plan, manage and execute numerous projects without abandoning strategic alignment or constraints.
By combining projects into a portfolio, PPM managers can analyze statistics for several projects at once to better allocate resources, tasks and funding. Without this top-level view, it can be easy to lose the control required to balance several projects while meeting budgets and deadlines.
Before you take on a project portfolio, it’s critical to equip yourself with the best project portfolio management tools available to handle the layers involved when executing several projects simultaneously.
PPM Features of ProjectManager.com
Get Real-Time Project Portfolio Dashboards
Project changes are unexpected and can happen quickly. Get real-time business intelligence anytime, anywhere with our always-on Project & Portfolio Dashboards, and react to changes quicker than ever.
Get deep data views on project performance and team workload, project budgets and task status across all your projects and teams.Visual graphs make it simple to decipher critical data when you need to make a decision that can make or break a project.
Create Project Groups
Create groups of projects to represent individual project portfolios, or even portfolios within each other. When you create project groups in ProjectManager.com, you can get group or portfolio-level dashboards, reports and even Gantt charts on select groupings of projects.
Organize by team, region, schedule or portfolio manager. Get group dashboards of each portfolio so you can analyze trends across a variety of key data points.