Project Portfolio Management
Triskell is the only company-wide Saas solution on the Project Portfolio Management market today to offer you all the flexibility and all the capabilities to:
+ Break down any Business Strategy into multiple Portfolios and Organizations.
+ Dynamically prioritize, fund and staff initiatives and actions according to strategic targets, but also available budgets and resources.
+ Plan work and schedule your resources in a standard or agile mode.
+ Dynamically control execution and progress on several axes and identify the potential gaps with the original targets.
+ Realign periodically strategy and execution.
Project Portfolio Management Challenges
Typical issues faced by organizations include:
• Too many projects running at the same time that do not deliver because of a lack of focus.
• Strategic objectives that are not supported by a project or program.
• Investments in a project or program that are not supported by a strategic objective.
To overcome these challenges, project portfolio management needs to be embraced by organizations to achieve three main objectives:
1. Strengthen the strategic alignment of programs and projects to prevent initiatives being undertaken that do not support the enterprise strategy.
2. Enhance the overall economic value of the portfolio to get the optimal return on investment, focusing on tangible business benefits of programs and projects.
3. Enhance executive decision making on programs and projects based on company-specific criteria, including:
• How does the initiative fit in the defined enterprise architecture?
• How do risks and interdependencies come into play?
• How does the organization deal with compliance initiatives?
Such a triangulated approach enables organizations to ensure optimal value creation from their investments in programs and projects.
Project Portfolio Management Features
Full Web Gantt Chart
Triskell Gantt chart allows users to schedule any object (i.e. projects, maintenances) in full web mode. The Gantt chart is 100% embedded in Triskell (no interface required). It includes natively:
+ Hierarchical management of tasks.
+ Multi-unit for duration and effort (hours, days, weeks, months).
+ All types of dependencies between tasks (FS, SS, FF, SF) with Lag.
+ Multi-baseline management.
+ Critical path.
+ Multiple modes for resource assignments (fixed duration, effort driven, dynamic assignment).
+ Imposed dates.
+ Progress management with auto-progress feature.
+ Rollup of actuals from timesheets.
+ Auto rollup of task assignments to pools and attributes.
+ Highly graphical and easy to use.
Full Web Scrum Board
Triskell embeds also a full web scrum board to allow the agile management of any object: deliverables, risks, issues, tickets, customer requests, ideas… Triskell scrum board includes:
+ Direct assignments of objects to resources.
+ Objects can be moved from one resource to another in one click.
+ Objects can be moved over time or made longer/shorter graphically.
+ They can be progressed through their lifecycle graphically.
+ Advanced filtering to help users focus on real issues and speed up management process.
+ Full definition of the object with its attributes, roles and features.
Triskell allows creating several portfolio structures to manage for instance products, projects, maintenances, applications, investments and more.
+ Portfolios can be hierarchical (i.e. program / projects / work package).
+ They can include several types of objects. For instance, an IT portfolio may include projects, maintenances, support activities, risks, deliverables, tasks, issues.
+ Each portfolio can have its own breakdown structure, with custom roles and objects attached.
+ Portfolios can be attached to organizations. For example, the IT department can manage the IT portfolio, the R&D the product portfolio.
Dynamic Datamart for Reporting
Triskell includes natively a dynamic datamart that can be used for reporting and interfaces:
+ Automatic refresh as soon as data is updated – no manual process nor delay.
+ Any data managed in Triskell is accessible through the datamart.
+ Data stores can be built in Triskell on the datamart to extract data – no extra- development needed.
+ Data stores can include parameters to make them even more customizable.
+ Custom reports can be built on these data stores. Output can be processed in Triskell or in MS Excel (with templates for layout and extra-calculation or graphs).
Time-Phased Attributes for Budgeting & Resourcing
Time-phased attributes allow users to edit / view periodic data in tabular mode. They can be used to manage costs, headcounts, benefits and any other kind of time-phased data. You can create as many time-phased attributes as you need and they can be attached to any objects (i.e. projects, products, departments, customers, risks, deliverables). They include natively:
+ Public and private versions (i.e. budget, forecast, actuals): versions are secured by role and lifecycle. No limit in number of versions. Versions can be edited simultaneously in the same grid.
+ Up to 5 analysis axes for data entry (i.e. cost types, regions, resource types, budgetary buckets) with automatic aggregations.
+ Multi-currency for budgeting: edit data in Euros, Dollars and any other currency in the same grid.
+ Multi-unit for resourcing : edit data in hours, man-days, man-month and any other unit in the same grid.
+ Multi-timeframe : enter and view data by month, quarter, year or globally.
+ Automatic rating of amounts based on custom rate tables.
+ Embedded rollups from child related objects, from pools and timesheets.