Project portfolio management software brings all your projects under one roof, helping teams plan, manage, and execute them effortlessly without switching screens. It enables teams across multiple projects to collaborate in real-time and track portfolio activities from initiation to completion.
With a powerful portfolio management system, you can make the most of the available resources, manage your budget and monitor the performance of each project for overall portfolio success.
A portfolio management tool creates a centralized space where multiple projects can flourish together. It helps you navigate through all project activities in a shared calendar. A single dashboard to manage projects and monitor their progress without switching tabs makes portfolio management easier and seamless.
Managing tasks is a real challenge with multiple projects at hand. A project portfolio management software gives a centralized view of tasks across projects or inside a project, making it easy to track their progress. It’s also possible to check the status of tasks, their due dates, and the team members working on them from a single screen.
Different teams working across multiple projects can hit collaboration and communication. The right project portfolio management software allows teams to collaborate via comments and share files on the go. It keeps teams across all projects on the same page with real-time notifications and easy collaboration.
It’s easy to lose focus on the ultimate goal while juggling multiple projects at a time. With a portfolio management tool, you can create a roadmap for your portfolio, estimate its time and cost and get a clear picture of how each project is progressing. With more clarity and less chaos, it’s easier to focus on each project without losing track of the end goal.
Get a visually illustrated view of all your projects, tasks, and subtasks with a Gantt Chart. Set the start and due dates of all projects and track them from start to finish on a single dashboard. Manage tasks by simple drag and drop and track their progress with progress bars. See all project activities on a single screen and never miss a deadline.
Successful portfolio management is all about optimum resource utilization. Break down projects into small tasks, so you know the resource requirement of each project. Analyze your teams’ bandwidth and accordingly assign work. Allocate resources based on priority projects and tasks. Manage the workload of your team members and let them work to their full potential.
A powerful portfolio management system helps you keep a constant check on how your projects and tasks are progressing. A single view to monitor project activities and progress ensures that nothing slips through your fingers. Set workflows for your projects and get a transparent view of your pending and completed tasks in Kanban, Gantt, or calendar modes. Keep an eye on who is working on what and analyze whether we are on time or behind schedule.
To improve something, you need to measure it. Modern project and portfolio management software offer insightful reports that give a detailed account of project status, time spent on each task and project, and much more. Leverage this treasure trove of data to spot bottlenecks and fix them. Make informed decisions to bring your portfolio on track. Share these reports with internal and external stakeholders to keep everyone on the same page.
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