Being able to act rapidly to market dynamics is critical for the survival of a company in the current market where changes happen quickly and disruptions may undermine your entire business model. Today competitive advantages come from more than pricing and product differentiation alone. The focus to your customers’ changing demands through flexibility and responsiveness is what it takes to succeed.
Typically, within an organization there are thousands of projects that are described across a vast array of incomprehensible documents, spreadsheets and whiteboard drawings. In the end, such an approach is unsustainable and resource intensive as the information might be inconsistent, not readily available or even non-existing.
What it means for you
Managing the portfolio of your projects from investment to execution is crucial if you want to align the performance of your business transformation with the overall strategy and state of the company.
Not managing projects in a single coherent portfolio system can cause a multitude of potential hazards for enterprises such as excessive use of resources, lack of synergy, poor integration between project and organization, bottlenecks and commonly project failure.
How we can help
With project portfolio management in QualiWare, you create transparency in your organization in terms of what projects exit, their purpose and their outcomes, to enable positive change. It gives you the insights you need to re-engineer your business so that it operates more efficiently and profitably, with an increased focus on customer satisfaction.
You will be able to manage all your projects and project portfolios in a single tool with the ability to easily arrange and manage projects and continuously improve company performance while simultaneously retaining previous improvements.
With QualiWare Excellence Manager you will have access to a vast array of objects and model types specifically relevant for project portfolio management. On top of that, the Analytics module will enable you to measure, analyze and present the effectiveness of your projects and portfolios in an easy and intuitive way.
The Collaboration suite will enable you to communicate the projects and portfolios and their contributions to the enterprise via acknowledgement and subscription features, accompanied with an integrated statistics engine to help you keep track of how well the information is being communicated throughout the organization. Additionally you can gather feedback from the whole organization in the form of change requests, comments and ratings structured via the governance workflow engine.
QualiWare even enables delegation of modeling responsibilities within project portfolio management. Web Object Editing and Web Modeler can be used to, for example, grant specific business process owners the ability to model business processes and write descriptions themselves. This way you can let the domain area experts provide the needed information directly into the repository.