Project Portfolio Management

Govern your project portfolios with powerful real-time metrics.

Many IT organizations are adopting a Project Portfolio Management (PPM) discipline to help balance and align their portfolios with corporate objectives. IT projects that are currently active are the domain of PPM.

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Compuware Changepoint spans the entire life cycle of portfolio management; from the initial investment planning and resource allocation through work execution and ongoing assessment to provide support for your full IT governance process.

Improve project decisions

Changepoint provides real-time information to help IT executives like you make better decisions about which initiatives to fund. You can use Changepoint to gather critical information in support of potential portfolios of work. Within Changepoint, Portfolio and Investment Planning helps you define which projects should be prioritized so you can align the entire portfolio with your organization’s business strategies and objectives.

Once a proposed project has been approved and funded, Changepoint enables efficient delivery through our web-enabled Project Management capabilities. Project portfolios can contain many projects, and can be updated dynamically based on preset criteria.

Increase visibility into portfolio health

Portfolio management capabilities within Changepoint give you unprecedented views into portfolio health through graphical summaries, including portfolio health assessments, project scorecards, bubble charts and portal visibility. Portfolio health can be assessed through leveraging predefined metrics related to cost, schedule, scope and quality. Additional metrics such as risk and satisfaction are easily incorporated.

Keep projects on track

To support Project Portfolio Management, information gathered from surveys help stimulate IT staff/client collaboration throughout a project, while providing feedback at various stages throughout the project that helps projects stay on track and meet expectations. Project Portfolio Management surveys help gather ongoing qualitative risk assessment data that, when coupled with more traditional metrics of project scope and schedule, can become an integral part of a strong risk management strategy. When a project is complete, surveys can be used to assess whether a project’s estimated benefits were achieved.

Understand project return on investment (ROI)

Projects within the portfolio can be grouped by the type of request; examples include new applications, maintenance or upgrades. You can also specify scoring methodologies such as improvement ratings, risk assessment and financial calculations to better understand the return on investment from each individual project within the portfolio. This helps you prevent redundant, overlapping or underperforming projects.

If you want to drill deeper into the details of an individual project, Changepoint provides real-time visibility into the status and performance of all approved projects through integrated Project Management functionality. This functionality provides you with continuous feedback to support your investment decisions and enable corrective actions when necessary.

Conduct "what if" analyses

Because your project portfolios must change to respond to changing business needs, Changepoint enables you to conduct "what if" analyses to determine the portfolio impact of project changes, such as budget changes, in support of those changing business priorities. Resource demand analysis allows you to consider the demand from current project portfolios in addition to potential work and request driven work, to ensure that capacity can meet demand.

With Changepoint, you can easily define, assign and track weighted metrics and thresholds to support your IT governance processes and ensure every project brings value to the organization. Reporting IT’s spending and delivery, while measuring the overall return on investment, positions IT as a contributor of business goals rather than a cost center.