Online project portfolio management

Complete projects on time and on budget

Project portfolio management (PPM) tools help you determine the right combination and timing of projects, and then follow them from concept to completion. Plan, track and update work activities with a click. Improve teamwork through transparent decision-making.

Identify key performance indicators
Design strategy goals
Support fixed and variable pricing
Estimate schedules, timelines and costs

CRM

Sales tracking
Communication history
Forecasting

Project management

All projects in one place
Document management
Resource allocation

Work time tracking

Estimated vs. actual work
Expense tracking
Shared calendars

Automated invoicing

Flexible pricing
Customizing
Accounting integration

Business reporting

Real time reports and forecasts
Dashboard overview
Access profiles and hierarchies

Online Project Portfolio Management through Severa

Project Portfolio Management (PPM) is a methodology to manage multiple projects in an organization so that successful completion is achieved. PPM takes in account various factors such as work load, profitability and customer expectations to arrange project timelines and work tasks.

What is PPM?

Project Portfolio management allows organizations to get a “big picture” view of projects so that they can be arranged in the most optimum way. PPM is a good way to get the most value of work done in a project-based organization.

Who uses PPM?

Most Professional services organizations utilize Portfolio Project Management – either as a software tool or as unwritten project prioritizing standard. For very small businesses, arranging projects on a first come-first served basis insufficient. But as business expand, more complicated rules must be enforced, that take into account resource utilization, client satisfaction, billing rates of resources, etc. PPM is the most useful for businesses that:

direct simultaneous projects (Law cases, IT support contracts, creative projects, construction sites, etc)
maintain work load balance for different resources (clerks, assistants, account managers, senior consultants and equipment
pay different rates for resources (average from $20/hour to $200/hour billable rate)
and have varied client types (Enterprise accounts, SMEs, SOHO, Individuals)

This would include businesses such as advertising agencies, accounting firms, business consultants, engineering and Architect houses, Law firms and IT consultants.

What are the benefits of PPM?

Project portfolio management aligns project management objectives with business drivers. PPM improves both the efficiency and the effectiveness of projects across the organization. This results in the following benefits:

Balances projects in long and short term, and with low/high risk of completion.
Eliminates resource bottlenecks and ensures that the number of projects does not overwhelm the organization.
Improves resource utilization and billable hours of workers.
Lowers project failures by highlighting areas of concern.
Improves project communications across the business, consistent project management decisions and processes.
Strengthens competitive positioning with a history of project success.

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