Project Portfolio Management
Project Portfolio Management
With a line of sight from strategy to delivery, Planview’s Project Portfolio Management solution enables leaders to optimize program and project portfolios, balance capacity against demand, prioritize work, focus resources, and empower teams to deliver.
Modern project portfolio management approaches let you empower your teams with the right work experience and tools for the type of work being delivered – waterfall projects, iterative, collaborative, lean-agile. This work can be tied back into the integrated strategy and portfolio plans, enabling stakeholder visibility and organizational alignment.
Overview
Planview’s Project Portfolio Management journey enables your organization to transform how you orchestrate, prioritize, and coordinate value from strategy to delivery. Business outcomes include:
- Strategic Roadmaps — Define and create organization-wide, cross-functional, strategic roadmaps that are translated into actionable and quantitative plans.
- Program Planning — Assess and prioritize ideas then group them into funded initiatives (programs) that will deliver the roadmap, understanding the impact of trade-offs and decisions.
- Work Delivery — Provide team members with the right tools to suit their way of working, while retaining visibility.
- Program Management — Measure program execution against strategy and realization of the roadmap, identifying issues and roadblocks to the achievement of the roadmaps.
- Portfolio Visibility — Projects reporting variances in scope, budget, dates, or quality can be brought under control to mitigate the risks for the achievement of on-time project delivery.
The path to achieving these business outcomes will be different for each organization. Planview’s interactive PPM Journey Mapping tool can help you identify your current stage on the PPM modernization journey and where you want to go, and Planview’s Modernization Journey Workshop tools can help you map your organization’s transformation from traditional to modern PPM.
Select a journey stage and find more resources
Get help choosing a stageProject Management is this first step of the modernization journey, with the primary focus for the organization being portfolio visibility, work and resource management, and financials. In this stage, you’re using one of Planview’s PPM tools, along with other disconnected tools, while relying on meetings and other communication to understand the status of the portfolio. The following information will help you understand how best to leverage your PPM tool to meet these traditional goals.
Get Started with Project Management
Enable your team with adoption guides, best practices, and resources.
Read moreOrganizational Funding
This capability allows organizations to define and manage time-phased budgets or financial targets at the organizational level. Planned and in-flight investments can be analyzed against targets to assess the organization’s ability to take on new projects.
Read moreCapacity Planning
This capability provides the mechanism to set resource capacity targets which can be used to analyze capacity against demand and assess the organization’s ability to continue with existing investments or adopt new investments.
Read moreProject Portfolio Planning
This capability supports a clearly defined process for the initiation of business requests into a single repository and provides a consistent demand management process for all new projects. It ensures an appropriate governance structure is applied throughout the project lifecycle.
Read moreWork Management
This capability provides managers the ability to develop a work plan, view and manage all work details, define and classify risks, issues, and change requests, track and manage project delivery, and provide reports on the overall status and health of projects.
Read moreResource Management
This capability provides a single repository of resource availability information to an organization. Managers can track and manage assignments of named resources to forecast future demand. Time reporting information is also collected.
Read more
Team Foundation creates the environment for empowering team members to work in the way best suited to them by utilizing new modern tools for collaborative work, such as project workspaces and agile Kanban boards.
Get Started with Team Foundation
Enable your team with adoption guides, best practices, and resources.
Read moreProject Team Delivery
This capability provides teams a collaborative, productivity-focused workspace with integrated Kanban boards, as well as a centralized document management solution. Key project status and KPI information is sent to project managers and the portfolio for reporting and analysis.
Read moreAgile Team Delivery
This capability empowers your team to execute work according to their preferred methodology and processes with customizable Kanban boards. Integration of agile team tools is supported so your team can work how they want while seeing all planned and pre-planned work
Read more
Connected Delivery brings team and other tools into your PPM product, surfacing data for the entire organization. This provides full visibility into work being across the organization, allowing you to make accurate portfolio-level decisions and align strategy to delivery with real-time data and status reporting.
Program Management is the shift to an elevated system of strategic planning and financial management. Leveraging strategies and programs, organizations begin to focus more on delivering towards a shared strategic vision, which will be realized through an investment plan based on strategic programs and underlying projects.
Get Started with Program Management
Enable your team with adoption guides, best practices, and resources.
Read moreCapacity Planning
This capability provides the mechanism to set resource capacity targets which can be used to analyze capacity against demand and assess the organization’s ability to continue with existing investments or adopt new investments.
Read moreProgram Portfolio Planning
This capability supports a clearly defined process for the initiation of business requests, and the tracking of programs and related projects through planning, categorization, and review. It ensures an appropriate governance structure is applied throughout the program lifecycle.
Read moreProgram Management
This capability supports the monitoring and management of program roadmap realization by tracking the status and health of programs. Data rolled up from dependent projects is used to update the roadmap, manage program delivery, and communicate with stakeholders.
Read more
Adaptive Portfolio Planning is the final step to becoming a Modern PPM. In this step organizations start to focus on shortening planning cycles from annual to quarterly to off-cycle, shifting to program and product-centric planning that focuses on outcomes and benefits, while performing quarterly checkpoints.
Get Started with Adaptive Portfolio Planning
Enable your team with adoption guides, best practices, and resources.
Read moreStrategic Funding
This capability provides the mechanism to define and manage strategic initiatives and set time-phased budgets and financial targets that investments can be analyzed against. Budgets and financial targets can be adjusted based on changing priorities or desired outcomes.
Read more