Strategic Portfolio Management

Engage in a visually immersive, easy-to-use, streamlined Planview Platform user experience, tailored to you and the information you need to see.

• Create unique views based on status, progress, and other data-oriented use cases needed to pinpoint where to focus, issues to address, and risks to mitigate
• Bring data and insight transparency into all decisions and to all decision-makers within your organization
• Power-up your productivity with the ability to action, investigate, respond, and react from a single screen and with a single click

Fund what matters most. Prioritize investments within initiatives that will best deliver strategic objectives, while understanding the impact of trade-offs and decisions.

• Allocate funds and budgets to achieve objectives
• Reprioritize regularly, reallocate funding, and analyze trade-offs with continuous planning
• Adjust funding across portfolios to reflect changes in priorities and desired outcomes

Adapt how you fund major investments with strategic portfolio management, making the move from approving specific projects to broader programs and products that drive measurable business outcomes.

Enterprise-Wide Funding of Strategic Programs

Prioritize and fund program investments based on quantifiable business benefits – ROI, NPV, customer retention metrics, etc.

Product-Based Funding

Accelerate digital transformation by funding roadmaps for internal products, such as a platform, application, or set of business capabilities.

Value Stream Funding

Drive a culture focused on outcomes by funding value streams and the desired outcomes, rather than specific investments.

Creating new digital products and services requires evolving business capabilities and investing in enabling technology. As your organization shifts to a product-centric approach, business capabilities are often the basis for internal products.

Use Planview’s strategic portfolio management solution to assess impact of strategies on business capabilities and develop a roadmap to enhance or create capabilities that enable strategic outcomes.

• Visualize capability maps with associated technology, processes, suppliers, products, and services to identify gaps and required investments
• Ensure investment into technologies that will create or support the right business capabilities
• Assess impact of strategic portfolio investment decisions on capabilities

Optimize Your Application Portfolio Across New Investments and Existing Software

Consolidate the current application portfolio to reduce risks, technical debt, and costs in non-compliant, legacy, or redundant applications. Accelerate new applications and technology for digital transformation.

Capture ideas for planned and new strategic initiatives – products, services, programs, projects – with associated information for evaluation. Assess proposals based on impact to business outcomes, the funding and capacity required, and risk involved. Prioritize and model trade-offs.

Manage Demand and Capacity

Leverage flexible capacity planning capabilities based on specialized skills, as well as types and variety of teams across the enterprise.

Demand Prioritization

Rapidly reprioritize competing investments for achieving outcomes. Use objective, repeatable scoring criteria comprised of quantitative factors such as ROI, and qualitative factors such as strategic fit, impact, or risk.

What-if Scenario Planning

Shift priorities by evaluating multiple scenarios to ensure the best portfolio mix. Create and compare scenarios to evaluate the impact of new investments on in-flight programs and products. Assess trade-offs of accelerating, descoping, delaying, rejecting, or canceling each investment.

Bring teams together from across the enterprise to deliver on strategic initiatives and transformation programs. Embrace the different ways they work and create a common understanding of priorities, status, spend, and progress.

Planview’s strategic portfolio management solution supports multiple work methods – waterfall, collaborative, and Agile, or a hybrid mix of work approaches best suited for the teams.

Gain Insights Into Delivery No Matter How Your Teams Execute

Seamlessly connect strategy to delivery for top to bottom line of sight into progress, status and risk. Whether teams are delivering traditional projects, collaborative work, or leveraging lean-agile methods, you gain complete visibility.

Plan and manage programs that span departments to support strategic outcomes. Understand relationships, visualize constraints, and mitigate risk to ensure successful program delivery and value creation. Drive performance measurement from individual initiatives to the overall strategic plan.

Plan Program-Defined Timeframes

Program managers can create plans that define delivery timeframes, set key milestones, and establish releases dates. Develop realistic plans based on the financial and resource constraints of the organization.

Top-Down, Integrated Financial Planning

Define expected costs and benefits for strategies, programs, and projects. Remedy variances with the plan as actual costs and forecasts change.

Develop and Share Roadmaps

Synchronize and communicate schedule, milestones, releases and financials of each application, capability, and product with key information about the associated programs, projects, and technology.

Visualize and Manage Dependencies

Proactively manage dependencies by capturing and visualizing the relationships across programs and technology so you can mitigate risk, resolve issues, and optimize delivery.

Enable effective governance with “just enough” oversight of strategic portfolios, programs, products, and products with Planview strategic portfolio management technology.

• Establish process consistency and ownership of deliverables
• Set guardrails that indicate what and when to escalate
• Gain efficiency with faster approvals via automated notifications
• Drive quicker, informed decisions with insights, real-time reports, and interactive dashboards

Enable Compliance With a Focus on Outcomes, Not Activities

• Ensure corporate resources are well spent by measuring outcomes, not controlling specific execution approaches
• Outline goals and measure progress with OKRs

Automate Phased- and Stage-Gated Processes

Fail fast, deliver faster with improved efficiency and consistent, informed go/no-go decisions.

• Gain visibility into gate deliverables and status
• Visualize trends with configurable gate status fields and dashboards

Provide “Just Enough” Governance for Value-based Delivery

Lean governance offers flexibility for team autonomy, learning, and speed

• Introduce Lean guardrails as structure for budgetary governance, spending policies, and practices for values streams within a portfolio
• Support teams prioritizing work in relationship to desired strategic outcomes

Creating new digital products and services requires evolving business capabilities and investing in enabling technology. Additionally, as your organization shifts to a product-centric approach, business capabilities are often the basis for internal products.

Use Planview’s strategic portfolio management solution to assess impact of strategies on business capabilities and develop a roadmap to enhance or create capabilities that enable strategic outcomes.

• Visualize capability maps with associated technology, processes, suppliers, products, and services to identify gaps and required investments
• Ensure investment into technologies that will create or support the right business capabilities
• Assess impact of strategic portfolio investment decisions on capabilities

Optimize Your Application Portfolio Across New Investments and Existing Software

Consolidate the current application portfolio to reduce risks, technical debt, and costs in non-compliant, legacy, or redundant applications. Accelerate new applications and technology for digital transformation.

Planview’s strategic portfolio management software lets you perform investment and capacity planning in a dynamic, what-if environment without impacting execution.

Forecast Capacity Requirements

• Enter anticipated staffing required by role, team, skill, and/or location, to deliver the strategic roadmap
• Identify and address gaps by role, team, location, and other factors
• Adjust staffing levels and shift sequencing of programs and investments to balance against capacity
• Ensure dependencies are considered as part of prioritization of investments to avoid costly decisions
• Avoid redundant decisions across large portfolios prevent duplicate efforts

What-if Analysis

• Model reallocation of teams, groups, and associated funding across the portfolio to understand impacts to program timelines
• Capture dependencies between programs to understand how shifting people may impact more than just the specific investment

Scenario Planning

• Create and compare scenarios to evaluate alternative staffing and funding approaches for achieving portfolio objectives
• See impacts of moving resource pools on overall costs and ROI with automatic re-costing

Capture ideas for planned and new strategic initiatives – products, services, programs, projects – with associated information for evaluation. Assess proposals based on impact to business outcomes, the funding and capacity required, and risk involved. Prioritize and model trade-offs with Planview’s strategic portfolio management solution.

Demand Pipeline

Automate demand workflow with gates to organize, evaluate, and define decision points. Make decisions based on value and fit to determine which ideas can be killed, put on hold, or advance for further consideration.

All Strategic Demand

Capture and manage ideas that tie to your strategy. Define processes for different types of demand, whether for planned initiatives, unplanned new ideas, or product innovation.

Demand Prioritization

Rapidly reprioritize competing investments for achieving outcomes. Use objective, repeatable scoring criteria comprised of quantitative factors such as ROI, and qualitative factors such as strategic fit, impact, or risk.

What-if Scenario Planning

Shift priorities by evaluating multiple scenarios to ensure the best portfolio mix. Create and compare scenarios to evaluate the impact of new investments on in-flight programs and products. Assess trade-offs of accelerating, descoping, delaying, rejecting, or canceling each investment.

Effective decision-making and timely course corrections require access to enterprise-wide status, spend, interdependencies, KPIs, and other leading business performance indicators.

The Planview’s strategic portfolio management solution offers connectivity to work management and enterprise applications to automate information flow for advanced reporting, analysis, and performance management.

Gain Insights Into Delivery No Matter How Your Teams Execute

The strategic portfolio management solution seamless connects with Planview’s work management solutions for top to bottom line of sight into progress, status and risk. Whether teams are delivering traditional projects, collaborative work, or leveraging lean-agile methods, you gain complete visibility.

Integration With Your Application Ecosystem

Automate information flow between strategic portfolios and any other application, be it cloud or on-premises, off-the-shelf, or homegrown. Planview’s proven integration approach speeds delivery, reduces costs, and de-risks implementation. Seamlessly integrate with apps your business relies on every day:

• Financial and enterprise resource planning (ERP) systems
• Reporting and data warehousing
• Agile development tools
• Spreadsheets and other office productivity tools
• IT service management (ITSM)
• Configuration management database tools (CMDB)
• Customer-developed tools via APIs

Capture the benefits of strategic programs by how they add value and contribute to the strategic objectives of the organization. Create clear benefit realization plans that drive change and activities of the program to effectively maximize the ROI of your portfolio.

Track benefits over time and automatically calculate financial metrics such as IRR, NPV, ROI, and Payback Period. Dashboards offer visual performance measurement across the portfolio.

With strategic portfolio management software from Planview:

• Identify both financial and non-financial benefits to be achieved to create value
• Capture benefits over time at a portfolio level and/or rollup from strategic initiatives to objective to measure portfolio performance
• Define metrics (KPIs) to measure the benefits to ensure that the activities of the program will result in the change needed to realize desired benefits
• Monitor KPIs providing the foresight to make decisions and act judiciously

Benefit realization with an outcome-first approach to determine what actions and changes need to occur in the organization. Use benefits realization to elevate programs from an investment in change management to a means to achieve tangible value for the business.