Information technology is a strategic business asset. Managing it like one is as important as ever. Which technology investments are critical to business success? What is the best way to plan technology initiatives? How do you measure the progress of technology initiatives? The practice of portfolio management helps organizations that manage technology answer these questions so they can get the most from their investments.
Portfolio management enables organizations to establish clear objectives and rank investments before selecting them. It enables them to collaborate through the development, execution, and completion phases, using a common vocabulary about the impacts of their investments. It also enables organizations to adjust their portfolios to keep investments balanced.
With Primavera Portfolio Management, organizations that manage technology can fully automate their portfolio management processes, and not just for technology investments. PPM can be used to manage any critical resource or initiative where objective data is governed by subjective input. These include clients, services, human resources, service-level agreements, and product development.
The application is divided into several solution modules:
- Investor
- Scorecard
- Workbook
- Forms
- Dashboards
- To-Do
These solution modules give managers proactive insight into key investments. They enable investments to be managed effectively, using what-if scenarios for planning and trade-off analyses for funding decisions.
Modules provide different levels of detail and functionality, but all of them use a centralized database of information and display investment and performance category information in customizable formats.