Unlock Portfolio Value with Portfolio Optimisation Tool
- Maximise business value by prioritising projects based on strategic importance and deliverability factors.
- Improve project success rates by optimising decision making, resource allocation, and risk management.
- Receive tailored recommendations that align with organisational goals and available capacity.
- Access a summary dashboard for insights on project rankings and strategic balance.
The Portfolio Optimisation Tool (POT) is a holistic portfolio solution incorporating Seven Consulting’s extensive industry experience to improve portfolio management. Its full suite of portfolio functions allows portfolio managers to:
- Capture business and project information, including dependencies, constraints, and the organisational objectives used for determining prioritisation.
- Provide recommendations on project prioritisation according to alignment to organisational objectives and available capacity.
- Present a summary portfolio dashboard that offers leadership a clear view of project rankings, and business versus deliverability factors.
- Allow executives to override prioritisation recommendations, reflecting the group’s final decisions while highlighting any loss of benefits and resource gaps.
- It captures weighted organisational objectives and project characteristics.
- It calculates weighted scores based on customised factors and aligns project portfolios with organisational capacity.
- It provides a summary portfolio dashboard with project rankings, through data-driven prioritisation and resource allocation. These may be over-ridden at executive discretion with these decisions recorded and impacts noted.
- Fosters executive decision making using prioritisation criteria, weightings, and capacity considerations, ensuring a repeatable and adaptable framework.
- Drives data-driven decision making by integrating both quantitative data and qualitative insights.
- Provides the flexibility to incorporate unanticipated needs and adjusts for changes in project benefits and costs.
- Supports the ongoing alignment of resources with business imperatives.
- Enhances overall project management efficiency.
- A prioritised project portfolio, with clear information on which projects the organisation should continue, stop, start, or defer.
- A comprehensive project pipeline view, detailing project backlog, inflight, and completed initiatives.
- An updated assessment of the optimised organisational delivery capacity, with confidence that resources are allocated to the most critical projects.
- A robust and sustainable framework for regular portfolio reviews and adjustments, maintaining alignment with organisational goals and funding priorities.
Why POT
It is essential for every organisation to focus on the right projects to deliver business value. Faced with many projects and limited capacity, resources are often allocated to the most influential stakeholders, rather than the most strategically important projects. This of course means organisations do not always achieve the best possible benefit from their investment. The Portfolio Optimisation Tool ensures:
- Structured Prioritisation: Ensures a consistent and objective approach to ranking projects.
- Enhanced Decision-Making: Delivers data-driven recommendations reducing the influence of subjective stakeholder pressures on project selection.
- Optimised Organisational Resource Allocation: Aligns projects with organisational capacity constraints and improves efficiency and maximise portfolio ROI.
Our Clients That Use POT
Case Study
Corporate
AU $7,500/month
- 100 Users
- Unlimited uses
- Full set up
- Full support
ePMO
AU $5,000/month
- 5 Users
- Unlimited uses
- Full set up
- Full support
SME
AU $2,500/month
- 1 User
- Unlimited uses
- Full set up
- Full support
Individual
AU $1,000/p.a.
- 1 User
- 5 uses
- No set up
- Limited support
About POT
Enhance your project portfolio management with the Portfolio Optimisation Tool (POT) developed by Australia’s leading program delivery experts. Simplify the complexities of project prioritization and resource allocation with our innovative, user-friendly tool.
In a streamlined process, POT provides a structured approach to ranking and prioritising projects, customised to your organisation’s unique business priorities and deliverability factors. Gain actionable insights and make informed decisions to ensure your resources are optimally allocated.
As a global leader in delivery consulting with a proven track record in managing large-scale portfolios, Seven Consulting invites you to leverage our advanced tools designed to drive exceptional project outcomes. Experience the future of project portfolio management with POT.
We understand that projects and organizations are unique, and great project delivery must accommodate this uniqueness. We appreciate projects have different requirements, and different organizations have different capabilities and cultures. We believe that the optimal project delivery method takes both sets of characteristics into account, resulting in better project outcomes. This is why we developed the Pathfinder tool – To help understand the details that help you deliver projects with the highest probability of success.
