Project Portfolio Management (PPM) is a key management function whose success requires disciplined effort. To be effective, project managers must be able to continuously monitor projects, portfolios and programs to ensure that several key actions are taken. They need a tool that allows them to ensure that strategic investments are aligned with corporate priorities, delivered on time and on budget, and meet requirements and specifications.
Managing the above challenges requires project management capabilities that simply cannot be supported by pen and paper or first-generation software tools. Innovative project management solutions must be able to encompass all project team members and automate multiple critical management tasks. They also must provide analytical and alert capabilities to identify problems before they impact margins and customer satisfaction.
The Solution – SoftExpert PPM
SoftExpert PPM software is the most comprehensive solution for prioritizing, planning, managing and executing projects, portfolios and business initiatives. The software fits any project-focused business applications across the company, such as strategic initiatives and investments, product development, innovation and six sigma programs, service delivery, asset maintenance, resource capacity planning, software development and implementation, construction, etc.
The software helps organizations complete projects on-time and within budget by enabling project managers and team members to optimize time and deadline scheduling, resource utilization, milestone and deliverable completion, cost and revenue accounting, etc.
The modular, scalable suite includes project planning, workforce scheduling, cost and revenue accounting, document management, quality management, risk management, portfolio management, process management, demand and service management, and others.
Project and Portfolio Management – PPM
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GANTT chart
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Project risk management
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Project status report
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Resource calendar
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Timesheet management
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Project dashboard
Main Benefits
Increases productivity.
Reduces operational costs.
Gets the right people on the right projects at the right time.
Reduces resources applied in non-value-added projects.
Increases visibility across your organization.
Easily plans, manages, evaluates, executes and monitors projects and portfolios.
Reduces project cycle time.
Prioritizes investment based on key selection criteria.
Quickly and easily develops detailed and professional project schedules.
Ensures that project schedules stay on track and that delays are minimized.
Resources
Features
Tools
Intuitive tools for managing project scope, schedules, stakeholders, quality, costs, resources and more.
Gantt Chart
Built-in GANTT Chart.
Initiatives repository
Single repository for all the portfolios initiatives rankings and evaluations.
Task manager
Centralized task manager, alerts and notifications.
Status Report
Straightforward status reports.
Customizable dashboards
Customizable dashboards with automatically updated information.
Solution Overview
Solution Overview
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Return on Investment (ROI)
Traditionally when enterprise professionals discussed the ROI of an investment, they were mostly thinking of the "financial" benefits. Today, organizations must also consider the "non-financial" benefits of an investment.
Financial Benefits include impacts on the organization's budget and finances, e.g., reduced costs or increased revenues.
Non-Financial Benefits are the so-called "intangible", "soft", or "unquantifiable" benefits of an investment. Unlike financial returns, there may be no widely-accepted metrics for organizations to apply. However, the SoftExpert solutions present undeniable potential for producing positive impacts on business performance and mission results. These include improved customer satisfaction, more precise information and a shorter cycle time.
Featured Resources
Project communication plan: Its importance and why project managers need to prioritize it
The importance of a project communication plan, its impacts and benefits.