Microsoft Office Project Portfolio Server 2007 helps your organization realize its potential by identifying, selecting, managing, and delivering portfolios that align with your strategic priorities.
Automate and Enforce PPM Governance Processes
An intuitive workflow designer helps you quickly define and automate your project portfolio management (PPM) governance processes.
Define workflows to subject each project to the appropriate governance controls throughout its life cycle.
Employ best practice methods and use out-of-the-box templates to effectively manage all project, program, and application portfolios.
Figure 1. Portfolio Builder Module: An example of a governance workflow in Office Project Portfolio Server 2007
Consolidate and Standardize Data Collection
Customize forms to streamline and standardize the collection of data for each investment across your organization.
Define templates to standardize the collection of data and metrics for each investment—project, program, and application.
Consolidate all investments in a central repository to help ensure executives gain visibility, insight, and control across the entire portfolio.
Capture all project requests and develop detailed business cases in accordance with your organization’s governance processes.
Figure 2. Portfolio Builder Module: An example of project requests captured by each line of business in Office Project Portfolio Server 2007.
Prioritize and Effectively Evaluate Competing Investments
Use best practice techniques to automatically derive prioritization scores and develop intuitive charts to help you effectively evaluate the competing investments from varying angles
Objectively define and prioritize your organization’s business strategy.
Automatically derive prioritization scores such as strategic value, financial value, risk, architectural fit, and operational performance to objectively assess projects, programs, and applications.
Use prioritization scores to build intuitive charts to effectively evaluate the competing investments within the portfolio.
Figure 3. Portfolio Optimizer Module: An example of a bubble chart used to evaluate project, program, and application portfolios in Office Project Portfolio Server 2007
Select Portfolios That Best Align With Your Business Strategy
Employ sophisticated optimization algorithms to select the optimal portfolio under varying budget constraints, such as costs and full-time equivalents (FTE).
Identify and break the constraints prohibiting the portfolio from reaching the Efficient Frontier.
Automatically calculate the portfolio’s alignment with your organization’s business strategy.
Enforce a rational rather than emotional approach to selecting portfolios.
Figure 4. Portfolio Optimizer Module: An example of what-if optimization scenarios run under varying budgetary constraints in Office Project Portfolio Server 2007
Manage Portfolio Performance Effectively
Measure and track the performance of each investment throughout its life cycle to help ensure you realize the forecasted benefits.
Create multiple portfolio scorecards to manage and track the active portfolios.
Drill down from the portfolio level to view the latest status report for each investment.
Complete periodic status reports to measure performance of a project, program, or application over time.
Use flexible report generators to create and publish templates to standardize and streamline reporting across the organization.
Figure 5. Portfolio Dashboard Module: An example of a portfolio tracking dashboard in Office Project Portfolio Server 2007.