Starting project planning with Excel is often the first step to professionalize project management: overview of currently running projects, sorting by demand possible.
However, growing complexity of projects and the desire to organize them into portfolios soon leads to a "death by Excel". The more efficient and smarter way works best with a modern solution project portfolio management.
Teams that utilize spreadsheets and other tools to track their portfolio can spend hours reconciling data from multiple sources in order to create even basic portfolio reports. Data from spreadsheets and isolated tools are static and often out-of-date by the time the information is reported to senior management. This is why businesses are increasingly turning to modern project portfolio management solutions to overcome these challenges. With the right PPM platform in place, portfolio managers can accelerate timelines across the board thanks to increased visibility and real-time scheduling tools.
This insight helps reduce costs considerably, giving portfolio managers clarity into spending – as well as which projects are valuable, and which are lesser priorities. project portfolio management solutions also help organizations make better investment decisions. It creates an environment that leads to predictable and repeatable project success. This can be ensured by using best practices, principles, and proven methodologies during the project life cycle by establishing a PMO and using the project portfolio management solution to guide through the process.
Capture SmartStart is a methodology that allows you to start small and expand step-by-step - freely following the motto "Walk before you run":
Depending on the package you choose, the following features are included as options:
Jump start your project portfolio management processes with our quick-start solution, experts, pre-configured processes from best practice, proven implementation methodology and sustainable support services – no matter where you are on your PPM journey.
More information about this topic you can find in our whitepaper (see 'Downloadables').
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