It portfolio management tools

Scoring Gather scores from across the organization throughout the project lifecycle for prioritization of the highest value work and requests.

Prioritization Drive ranking and prioritization using objective, repeatable methods to quantify investment value.

Integrate with Bottom-Up Plan Refine the plan based on bottom-up project and resource estimates and actuals. Predictive Portfolio Analysis Identify the optimal mix of projects: Predict, plan, and re-plan portfolios when resource needs or availabilities change. Capture project requests, new ideas, and project work.

Use demand management software to score and prioritize work that brings the most value. Demand management Tools Manage your demand pipeline against capacity Use demand management software to see new demand and route requests through a centralized intake process. Centralize Demand Management Capture all types of demand — product ideas, project and work requests, emerging technology, and new epics and features — with the appropriate information for evaluation.

Work Intake Management and Demand Pipeline Management Automate intake flow with gates to organize, evaluate, and define decision points. Demand Prioritization Use demand and capacity management tools to rank and prioritize using objective, repeatable scoring criteria comprised of quantitative factors such as ROI, or on qualitative ones such as strategic fit, impact, or risk. Scenario Planning Evaluate multiple scenarios to ensure the best portfolio mix. Use capacity planning software to analyze resource capacity and demand across the organization.

Analyze Capacity and Identify Constraints Identify bottlenecks by role, team, location, and other factors to uncover issues before impacting the portfolio. Forecast Capacity Requirements Use capacity planning tools to enter anticipated resources required by role, team, skill, and location to gain an early picture of future needs. Reallocate Capacity Shift teams, groups, and individuals in the capacity plan to keep priorities on track. Assess Impact of Change What-If Analysis Model reallocation of teams, groups, and associated funding across the portfolio within capacity planning software to understand impacts and balance trade-offs.

Scenario Planning Create and compare scenarios to evaluate alternative staffing and funding approaches for achieving portfolio objectives. With Planview resource management, gain visibility into utilization and demand. Optimize resources by individual, role, or skillset. Resource management Focus your resources on the right work at the right time Use Planview resource management software to gain a dynamic view into all your people — internal and contractor — across project teams, departments, and the enterprise.

Optimize Utilization Resource planning software provides real-time data to balance assignments across competing projects and support work, assess total demand before accepting new work, and sequence work based on priority and dependencies. Integrated View of Resources and Work Combine resources, work, and supporting attributes in a single view to streamline assignments to teams and people based on availability and skills.

Automated Alerting Set notifications for new and out-of-tolerance assignments. Understand How Your Resource Plans Align to Work Performed Improve resource staffing plans by understanding the impact of non-project work and interruptions.

Time Reporting Use time tracking across project and non-project work to understand effort and costs. Effort Analysis Compare resource plans to actual time spent for improved estimating of effort level required for future projects. Project management offers real-time visibility into all project details staffing, financials, progress, risk, issues, etc.

Project Management Manage project portfolios in a single system Gain project visibility with a unified view of all work and resources using enterprise project management software from Planview. Project Financials Manage project schedules, tasks, resources, and financials to deliver projects on time. Variance Reporting Measure performance against baselines to see differences between forecasted and actual effort.

In-Flight Statusing Use real-time status of work to action tasks, issues, and risks that need attention. Optimize Resource Utilization Monitor current and forecast future resource requirements to reduce bottlenecks and avoid project delays. Risk Management Track and mitigate risks to minimize surprises and improve communication across teams.

Give team members a focused way to understand assignments, log their actuals, and update status tied to projects and programs with PPM time tracking. Timesheets for Traditional PPM Simple, web-based timesheet allows team members to report time to assigned work and standard non-project work Portfolio-level timesheet enables resource managers to submit summarized time at the weekly level on behalf of team members Project managers easily update project schedules and account for effort without having to chase down status information Timesheets for Lean and Agile Work Automatically track time at the story, feature, and epic levels based on the natural flow of Lean and Agile work Collect CAPEX and OPEX time systematically, removing the need for manual reports and reconciliation of timesheets.

Empower teams with purpose-built execution tools — from collaborative work management to Lean-Agile methods. With FLEX, your organization gets access to digital workspaces that give your teams Planview ProjectplaceTM and Planview LeanKitTM or a mix to deliver: Project Work and Project Team Collaboration Manage discrete projects — milestone-driven, collaborative, task-based Focus on project milestones, project visibility, and end-goal achievement Lean and Agile Work Manage the flow of work with highly configurable Kanban boards Focus on process excellence and continuous improvement Align Work to Portfolios With Planview PPM solutions, all work delivered is tied back into the integrated strategy and portfolio plans that provide stakeholder visibility, drive organizational alignment, and enable enterprise-wide transformation.

Improve PPM governance: Streamline your workflow and gated processes for projects, outcomes, changes, risks, and issues with configurable templates. Establish process consistency and ownership of deliverables Gain efficiency with faster approvals via automated notifications Drive quicker, informed decisions with insights, real-time reports, and interactive dashboards Enable Compliance with Project Management Practices Easily navigate the project lifecycle from initiation through execution to closure using Planview enterprise project management software.

Automated Workflows Define and configure workflows aligned to your chosen methodologies. Templates Standardize and accelerate delivery with WBS and document templates. Best Practices Incorporate industry and company best practices into your processes to efficiently progress projects from one milestone to the next. Gain visibility into gate deliverables and status Visualize trends with configurable gate status fields and dashboards.

With portfolio reporting tools, get overall health and key project information with stakeholders to know that work is delivered on time and on budget.

Visibility and Reporting Analyze portfolio and project performance Centralize and gain visibility into projects and portfolios to accelerate time-to-value. Gain a Complete View of Project and Portfolio Status Planview portfolio reporting tools embed analytics and reporting into the user experience so you and your stakeholders can take action sooner, stay on track, or pivot.

Embedded Reports and Dashboards Status and KPIs are embedded into the user experience to analyze information as part of daily workflow.

Best Practice Reports Immediate access to hundreds of configurable best practice Planview FastTrack reports that provide project portfolio visualization and information you need starting day one.

Configurable Ribbons and Tiles Leverage a unique ribbon on each screen that contains tiles, providing access to chart, table, or visualization data. Get instant visibility into objectives, KPIs, and finances and ensure strategic delivery.

Use project portfolio visualization to stay on track. Portfolio dashboards and Analytics Discover trends and potential solutions with portfolio analysis Enable users across the enterprise to easily access and share real-time information and take action to keep the business running efficiently. Ad-Hoc Analysis Self-service analysis to slice, drill down, roll up, and pivot to turn data into actionable information. Advanced Visualizations Leverage the latest in visualizations through Microsoft Power BI and Microsoft Excel to understand and share portfolio, project, resource insights, and delivery metrics including cards, features, and stories.

Robust Data Access Easy access to the breadth of your data with predefined data sets across portfolios, projects, products, applications, and resources. Share Progress Through Executive Dashboards Provide executive-level visibility and insights into portfolio and project performance through dashboards available via browser, mobile phone, or tablet.

Holistic View of Performance Provide high-level visibility into KPIs in an easy to consume view spanning strategy, initiatives, programs, projects, products, and resources. Interactive Dashboards Drill down, filter, and pivot to investigate and uncover critical issues. Use program management software to view and manage cross-program dependencies to better understand program timelines and risks.

Plan Program-defined Timeframes Program managers can create plans that define delivery timeframes, set key milestones, and establish release dates.

Top-down, Integrated Financial Planning Define expected costs and benefits for strategies, programs, and projects. Roadmap Visualization Synchronize and communicate schedule, milestones, releases and financials of each application, capability, and product with key information about the associated programs and projects.

Manage Dependencies Visualize the dependencies across programs, projects and work to understand relationships and optimize delivery. Use roadmapping software to drive strategic delivery across the business. Connect strategy, investments, projects, and resources to deliver outcomes. Roadmapping Plan and manage programs, products, and outcomes with roadmapping software Define a roadmap to orchestrate delivery of outcomes, communicate priorities, and show progress toward business results.

Define Program Timelines, Milestones, and Releases Break down work into iterations, allowing for ongoing measurement to determine if performance warrants continued funding. Align Funding with Priorities Synchronize the schedule, milestones, releases, and financials of each outcome with key information about associated programs and projects. Communicate the Plan Across the Business with Roadmap Visualizations Leverage a framework to partner across the organization to deliver on-strategy.

Support the Project to Product Shift Shift your organization to focus on products, customer experiences, and value streams. Budget, Actuals, and Forecasts Effectively manage your project portfolio budget with real-time actuals. Financial Analysis Analyze the breakdown of financial spend to assess portfolio and work health, as well as the balance across portfolios and priorities.

Close modal. Empower Teams. Empower Teams to Speed Delivery The world of work is changing. Hybrid ways of working involves a mix of execution methods within a business unit or across an enterprise, with teams using the best approach for the program or product. Projects View a larger version of the image.

Iterative Work View a larger version of the image. Collaborative Work View a larger version of the image. Project-based Agile View a larger version of the image. Flexible Capacity and Resource Planning Capacity planning evolves as team empowerment grows. Role-based Teams Traditionally, capacity planning balances utilization of named resources with demand, noting constraints and gaps.

Product- or Capability-aligned Teams To build further momentum, teams must build expertise. Network of Empowered Teams Over time the focus moves from efficiency to effectiveness. Work-in-Process Limits View a larger version of the image. Elevate Portfolio Prioritization and Funding Traditional portfolio planning prioritizes specific projects, often based on balancing the demands of various stakeholders. Capability, Application, Platform e.

Product Line, Customer Experience. I really like Personal Capital,and also use Quicken. NonK — Review a portfolio and make suggestions of securities that might be a better investment. For your security research. That is a difficult question, as individual security selection requires study and analysis. If you enjoy researching and studying individual securities, then you need to devote time to learn this process. If seems to be a really misleading strategy suggestion to direct people into traditional IRAs and Ks without any warning about the future tax rates gotcha.

You can probably get the gist by now and I just did not see any modeling software descriptions in your top-7 which seemed like they would help in this modeling any better than what one can do in EXCEL. Please let me know if I am wrong.

Hi Steve, You raise a really good and often neglected point. The reality of future tax rates could be a major problem for wealtlhier investors. Please keep me posted on this topic and whether you uncover an existing software that can handle future tax consequences modeling. Regards, Barbara. Do any of the above portfolio tools allow for hypothetical portfolios that include historical data? If I want to construct a proposed portfolio for a client I too am a financial advisor and show them the historical performance, can this software accomplish this?

I looked at a different package Qwanti in this past, but this was quite pricey. Any suggestions? Hi David, I like the portfolio visualizer. Give it a try and let me know what you think. I tried Portfoliovisualizer is it Great to try out. And very granular detailed it need it to be. It helped me make my own portfolio back testing it that beat the SP about six times.

But trying to find money to make use of my plan! Financial people knock backtesting but I am sure they use it too. And probably had supercomputers to do highlevel views of sentiment of the public, corp earning changes, political and world influences, job less rates etc. Thanks for writing in. Hi Barbara, this is a great and thorough analysis. I am looking for a very specific use case and hoping you know of a tool that could help.

In this example, we can use Microsoft as the stock. I have a portfolio of around 40 etfs. My ETFs have much crossover in holdings but vary enough to hold multiple. For example, how much Microsoft do I own or what percentage of my total etf portfolio reliant on Microsoft.

I also know that ETFs are occasionally rebalanced or adding and removing stocks. I would check out Morningstar xray. They may be able to tell you how much of an overlap you have in your holdings. Good luck, Barbara. Hi D, All financial accounts at major banks and financial companies have insurance to cover losses. PC has the same level of security.

If brokers offered a read-only OAuth login for systems like PC, it would make sense and then be secure. Is there a Canadian version of Personal Capital Software? Can you recommend a software platform that has been Canadianized I. Do any of these software tools let one do the following? Or you might want to check out Zoonova dot com. Good luck. Hi Barbara, thank you very much for putting together this article. It was highly instructive.

As some other readers, I am mostly focused on investment portfolio management. However, after reading your article I have made a note to check out Personal Capital in more detail. You mentioned sigfig which I also think is a nice tool. However, in this category, I believe the Ziggma Portfolio Manager really stands out.

It has been built from a portfolio management perspective, contrary to almost all other platforms I know. To get started you simply link your bank account via Plaid so I think it is trustworthy, but in any case ziggma takes no confidential information other than the email address after which you get portfolio level analytics on risk, diversification and fundamentals on your investment portfolio. I am not going to go into too much detail here, just wondered what your thoughts were and why they did not make the list.

It is a very recent product so it may not even have been around at the time you wrote this article. The Ziggma Portfolio Manager is really helpful when it comes to monitoring and optimizing a portfolio. There is a feature called smart alerts. It allows you to set alerts, such as maximum exposure to a single company, which when hit trigger an email to notify you of the event. With this alert in place, I no longer have to watch for my exposure limits.

As the Investment Account Manager, ziggma is conceived for investment management, not budgeting or financial management tasks. However, in my view it has two major advantages. Let me know what you think. By Barbara A. The Best Portfolio Management Software Makes Your Life Easier Investors need the best portfolio trackers to monitor their mutual and exchange traded funds, individual stocks and bonds for many reasons.

Personal Capital 2. Quicken Premier 4. Investment Account Manager 5. Sign up for Personal Capital. What is investment management software? What is the best portfolio tracker app?

What is the best investment tool? Learn how IT portfolio management can be utilized to define, implement and execute on your cloud deployment strategy. Discover how you seamlessly scale Agile development, delivery and decision making across your entire enterprise.

Promote greater stakeholder participation and maximize the user experience. Be bold on change when you understand the impact from every angle with Alfabet for IT software portfolio management. Be business-like on IT change Run IT like a business by evaluating assets, returns and risks to make smart investment, divestment and hold decisions.

Deliver on key initiatives to support core business strategies—company acquisitions, operations, globalization, business model transformation and compliance. Respond successfully to digitalization challenges: new technologies, new business channels and new security threats.

Determine what will be affected by any given project or change to reduce project risk and be able to take on more projects. Make your IT portfolio agile Increase your portfolio of IT assets' agility in implementing business initiatives faster, thus improving time-to-market for new business products. Streamline portfolios and use Agile portfolio and feature management capabilities to leverage Agile delivery methods and align delivery to business and IT strategy.

Reduce change-related system disruptions and cost overruns by knowing how applications and processes are connected. Understand the upstream and downstream implications of change to plan better and aggressively pursue strategic projects. Set the pace for change Differentiate between the need for speed—whether to support a business innovation, a new market segment or the back office—and determine how fast systems need to change.