Who is Projectric and what are our key capabilities that will help you?
Projectric is a cloud-based Project Portfolio Management (PPM) solution that provides a top-down view of your full portfolio of projects. With features such as real-time project management dashboards, resource management tools, easy-to-understand charts, and customizable scoring settings, Projectric enables you to quickly understand the status and impact of your projects so that your organization can function more efficiently.
An Overview of the Projectric Project Portfolio Management Solution
In a business landscape that demands transformation and innovation at a rapid pace, organizations must automate processes, maintain existing IT infrastructure and oversee the roll-out and migration of new systems – or risk falling behind the competition.
Managing Project Portfolios as an organizational asset requires much more than just a project management tool. You need to know more than just project status. To optimize your project management you need to know:
- Which projects are in trouble?
- What resources will be available when the next project starts?
- How to evaluate prospective projects and prioritize based on the value to your organization
- How to get a real-time portfolio health analysis via a comprehensive dashboard
Projectric, a cloud-based PPM solution, can answer these and many more Project Portfolio questions by identifying the right projects for approval, allocating and managing resources, and providing insight into these initiatives.
The benefits of using Projectric for your Project Portfolio Management (PPM) solution include:
- A secure, enterprise-ready PPM that delivers transparency and governance
- Managing the IT portfolio like an investment
- Proactive management of the portfolio
- A focus on value and portfolio goals
- Supporting stakeholders throughout the organization
Projectric Delivers Portfolio Intelligence
Portfolio Intelligence enables the transformation of project and program data into relevant, actionable information for making business decisions. Projectric delivers to key decision makers portfolio-level KPIs and metrics via dashboards and graphs, delivering unparalleled insight that assures your organization’s initiatives provide the transparency and governance necessary for your business to quickly adapt and succeed.
Scoring enables your organization to focus on what projects and portfolios will deliver the maximum return on investment. To accomplish this, Projectric enables you to define scoring criteria, establish scoring weights, compare the various projects by their value to the organization, forecast the impact of your portfolio against strategic goals and to measure the actual impact. Scoring criteria should include strategic, financial, and risk categories. Once scoring is complete, your governance team can rank the projects and come to consensus on prioritizing them.
Projectric dashboards display real-time key performance indicators for all stakeholders. Using a dashboard, you can track overall performance and progress and highlight areas that need attention. Powerful reporting and graphical features provide transparency across the organization. Your dashboard might include:
- Progress reports
- Key metrics
- Task status for planning, design, development, and testing phases
- Team status
- Cost status
- Resource allocation
Portfolio Intelligence’s signature lifecycle and workflow process organizes and guides projects through a tracking and decision making process from initial idea to finished work. You can manage and track project initiation, planning, execution, and closure.
With Projectric, you can easily add metadata tags to your projects to support analysis and reporting. These tags can, for example, link your projects to departments, geographical locations, and other assets to make reporting easier.
It is simple to roll Projectric out. No installation necessary and it’s accessible to your team anywhere.
Projectric offers automated messages that can alert you when significant events take place. You may want to set notifications for when when key milestones are met, or when timelines are slipping, or when important dates are imminent.
Real Time Portfolio “Health Analysis”
Many organizations use tools such as Excel to track the progress of projects. Projectric has features that enable you to quickly determine the health of your projects or portfolios.
Projectric provides insight into real-time resource utilization across all projects and programs in your portfolios.
Issues are flagged across your portfolios.
Projectric enables you to easily and quickly drill down to the phase, task, or milestone level of any project in the portfolio.
Projectric enables128 bit SSL encryption to secure usage across the organization.
There it is—a list of ways Projectric can help your organization succeed.
Try a demo today, or read our definitive guide to best practices in Project Portfolio Management.