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Project Portfolio Management (PPM)

Executive boards, portfolio management officers (PMOs), and business officers (IT, production, etc.) must manage heir project portfolios efficiently in order to ilter requests and manage human and financial resources. They must also balance their portfolios according to the organization’s strategy.

With NQI Orchestra’s solution, your company will be able to:

  • Model project management methodologies to better control them and communicate a common project culture.
  • Set up project triggering based on coherent and shared criteria (strategic alignment, needed resources, risks, etc.).
  • Formalize, centralize, and share information among all stakeholders.
  • Give a global view of projects to the top management and PMO to better control costs and deadlines, enhance reactivity, and facilitate decision-making processes.

Its features allow you to:

  • Create an unlimited number of portfolios (corporate, products, IT, HR, etc.).
  • Group portfolios based on a hierarchy which reflects the organization’s structure or the decision-making process.
  • Define standard and context elements to be completed in order to log a project request.
  • Define categories of project requests.
  • Model the strategic areas of the organization on which projects will be aligned.
  • Implement approval channels for project requests.
  • Define standard and custom metrics to assess project requests.
  • Group project requests within portfolios for analysis purposes (dashboards and metrics).
  • Publish projects approved by PMO, department heads, and top management.
  • Achieve transparent integration of project scheduling and tracking tools for project managers (see Project scheduling and tracking).
  • Collect and cascade the information provided by project managers and task heads (progress, budgets, etc).
  • Get a global view of the human and financial capacities of a department, service or organization.
  • Group current projects within portfolios for tracking purposes (dashboards and metrics).
  • Generate reports for portfolio tracking meetings.

Find out about the features of NQI Orchestra’s main tools for managing project portfolios: Portfolio management, Project scheduling, Budget management, Resource allocation, Activity tracking, Event processing (ie: project requests), Document management.