Microsoft Project Online is a flexible online solution for project portfolio management (PPM) and everyday work. Delivered through Office 365, Project Online enables organizations to get started, prioritize project portfolio investments and deliver the intended business value—from virtually anywhere on nearly any device. “Hammerhead” from Projility adds robust business intelligence and reporting directly into Microsoft Project Online and Project Server. Access on-demand, flexible dashboards and a reporting framework to provide the PMO, Executives, Resource Managers, and Project teams with the visibility and insight needed to make key business decisions. José Marroig, founder and chief executive officer of Projility writes: “The metrics that work for the PMO don’t necessarily work for the project manager. Project managers need detailed, real-time information to effectively plan, design, execute, and monitor projects. In addition, team members require personalized metrics to stay on task and on schedule. Metrics should be based on time, cost, resources, scope, quality, and action items. A Project Manager dashboard shows:
- Team Members Working on Each Project
- Project Status Overview (Name, Progress, and Issues)
- Late Tasks (Task Name, Project Name, Start Date, Finish Date, and Progress Indicator Bar)
- Upcoming Milestones
- My Tasks
- And in the detailed Project Information View:
- Deliverables
- Project Information
- Health Indicators (on Health, Risk Level, Quality, Scope, Schedule, and Budget)
- Issues (Open – Description, Priority, Owner, and Due Date)
- Risks
- Metrics
- Tasks
“With the right metrics, PMs have all the information they need to implement and manage their projects successfully. Hammerhead provides PMs with access to these metrics in the form of role-based, data-driven dashboards – without the risks or costs associated with customization. Hammerhead is an enterprise solution that delivers the right metrics, to the right people, for smarter decision making. In addition to Project Metrics, Tracking Methods within Microsoft Project Online and Project Server are also useful in planning your tasks”. – José Marroig.
Interesting, we’ll be looking at this and perhaps even touch on it at our 1-day Portfolio Management Training Course on February 9, 2017 in New York City where participants will:
- Understand the essential concepts and benefits of project portfolio management
- Discuss the principles of portfolio management
- Create an overall model for selecting, balancing, prioritizing and authorizing work
- Define the steps to establishing and managing a portfolio of initiatives
- Understand and define portfolio governance and its strategic importance
- Report and control of programs and projects in an effective manner that utilizes best practice reporting tools for portfolio management