Determine what the strategic value is of your project.
Use different perspectives to check the spread of your projects
Determine the value of your project using its business case
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Functionality in 5 steps
Invite users and set up your company specifics
Involve your employees
We built bizztracker in such a way that managers and employees can
start listing their initiatives without it being visible to every one, but only for a specific group
within the company. This can assist in collecting the ideas of your employees, discuss them upfront
within your team before proposing them in the appropriate project portfolio. It is a great way to
develop strategic thinking within the entire organization.
Get an overview of your ongoing, planned and suggested projects
Get an understanding
Make sure you understand what projects are running and what change initiatives are requested. As
simple as that. It is however one of the biggest challenges for an organisation to get this complete overview. Using bizztracker leads to central data management and insight in the completeness of the
data. This is essential for successful project portfolio management.
Use scoring to create several perspectives
Categorize your projects
bizztracker allows you to define your own custom categories to make portfolio analysis manageable. Think of it as buckets in which you score a project: is this a
project contribution to your strategic objective "cost reduction" or "market growth"; is the main
project focus on the Sales or Operations department; does it have a low or high risk profile, and so
on. Use these categories for perspectives that are important in your company. It will generate
amazing insight, leading to an optimal portfolio.
Use our reporting tool to get deep insight
Prepare your portfolio decisions
Decisions which projects should be included in a portfolio are crucial for a company's success. Often
too little time and effort is made to prepare these management decisions. With the reporting functionality of bizztracker you get insight in the entire project portfolio. Is your project balanced, what is the total ROI, how many high risk projects are we
doing, what does it mean for our cash flow position? If we make another selection of projects, what
is the consequence in terms of ROI...? In short, different perspectives lead to better decision
Act on it
Decide on the best portfolio matching your objectives
Set up your project portfolio
After analyzing the different perspectives, decide which projects generate the highest strategic value for your organization. bizztracker supports you all the way to make sure that you have the tools to compose a portfolio that maximize value and return on
investment. Executing it is up to you but we are convinced that integrating this strategic planning
cycle on an ongoing basis throughout the year will increase your portfolio success exponentially!