Optimizing Project Portfolio Management

Optimizing Project Portfolio Management

Portfolio management solutions built on the 2007 Microsoft Office system can help you identify, manage, and deliver portfolios which align with your company's overall strategic business priorities. Supported by powerful analytical and real-time collaboration tools, these solutions can help align selected investments with business strategy, so business managers can rapidly prioritize competing projects. These solutions can also track the performance of each investment throughout its life cycle, from business case to benefits realization.


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  Challenges
  Why Choose the Microsoft Office System?
  Microsoft Office System Products


Challenges

Many organizations are looking for solutions to optimize their project portfolio management processes, but a lack of integration of project information can impede the ability to properly analyze the entire project portfolio. This also presents a problem for IT departments, which are often tasked with the time-consuming effort of gathering and rolling up data for reporting purposes.


Why Choose the Microsoft Office System?

Portfolio management solutions built on the 2007 Microsoft Office system include the Office Project Portfolio Server 2007—a world-class top-down portfolio management solution that helps organizations quickly gain insight and control across their project, program, and application portfolios.

Office Project Portfolio Server 2007 integrates with Microsoft Office Project Server 2007 to provide organizations with an end-to-end project portfolio management solution. This integrated system can help:

Maintain data integrity between the two environments through regular synchronization events.

Consolidate projects into an enterprise repository.

Manage the data exchange between general ledger systems and Office Project Portfolio Server 2007, using a flexible import module.

Better manage documents, issues, and risks management and collaboration, through integration with Microsoft SharePoint Server.

Standardize and streamline the reporting process through customized report templates.

Other benefits of a portfolio management solution built on the 2007 Microsoft Office system include:

Familiar Microsoft Office technologies, such as Microsoft SharePoint Products and Technologies that can facilitate deployment and help keep training costs low.

Lower total cost of ownership as a result of using existing investments in Microsoft software products.

A rich network of technology partners well-versed with Microsoft Office technologies.


Microsoft Office System Products

The Microsoft Office System is an integrated set of products, technologies, services, and solutions that enable customers to increase their organizational, team, and personal productivity. For a Project Portfolio Management solution, these are the common technologies that could be used:

Microsoft Office Enterprise 2007

Microsoft Office Project 2007

Microsoft Office Project Portfolio Server 2007

Microsoft Office Project Server 2007

Microsoft Office SharePoint Server 2007

Microsoft Office Communications Server 2005


Related Microsoft Technologies

The following Microsoft products, technologies and services are often part of a Project Portfolio Management solution:

Microsoft Internet Explorer

Windows XP

Microsoft Windows Server 2003

Microsoft SQL Server 2005

Microsoft Windows SharePoint Services

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If you have a solution based on the Microsoft Office System, learn more about opportunities to showcase your solution with Microsoft.

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