Online Portfolio Management Tool: A Case Study

LogoFor any size business that undertakes multiple simultaneous projects, the ability to manage the project portfolio is a constant struggle (1). Think about what happens at most companies, large and small: over time, more projects get started before existing projects are complete, and new ideas become higher priority. Engineers are expected to work on not just one or two projects, which is ideal, but now must multi-task across multiple projects. On top of that, important customers demand new software features or enhancements to existing products or services, further diluting the focus on current projects. Statements like “every project seems to be late, never early”, “we always underestimate project cycle time” and “we constantly pull team members from a project to fix high priority customer requests” are common, especially in small to mid-sized firms. There are simply too many projects for too few resources, and the system grinds to halt. This article will describe a simple-to-use, cost effective online portfolio management tool.  Continue reading