What Is Portfolio and Resource Management?
Summary
This mixed-media article provides a high-level overview of what you can do with Portfolio and Resource Management and how to navigate the application
E-Learning: Navigate Portfolio and Resource Management
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E-Learning: Overview of the Portfolio and Resource Management Application
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Understand: What Is Portfolio and Resource Management?
Enterprise One - Portfolio and Resource Management is software that provides a single source of truth that enables better decision making. Typical outcomes for organizations using Portfolio and Resource Management are that they can:
- Gain quicker access to project information and make faster decisions.
- Identify the optimized portfolio and compare it with other portfolio scenarios.
- Focus resources on high-priority projects and ensure that the portfolio is consistent with the organization's capacity.
- Focus on the delivery of a balanced portfolio and the mitigation of risks.
- Take full control of budgets and outcomes, ensuring that portfolio costs are sustainable within the organization's financial constraints.
- Improve decision making on key financial management information and Project and Resource Management KPIs.
- Complete month-end financial processing faster.
- Provide a consistent, auditable, and trackable portfolio and resource management process.
Portfolio and Resource Management lets you plan projects, create their budgets, maintain their schedules, assign people to work on them, and track time spent on the work.
Portfolio and Resource Management is used to maintain projects and keep the information current and consistent. Both project managers and those who maintain long-term strategies and enterprise-wide plans can instantly assess the progress of their projects via an extensive collection of reports and analytics.
Unique to Portfolio and Resource Management, and a major benefit to you, is a focus on rich portfolio analytics and reporting that provides the visibility you need to make the decisions that drive the business forward.
Figure 1 shows an example of how the application is organized.
Figure 1: Planview Portfolios