The PMO is responsible for delivering projects and meeting deadlines. But communicating what is needed to make those deadlines is not always easy to do. Portfolio dashboards enable stakeholders to get insight into projects for better forecasting, improved visibility and better alignment of projects with business goals.
Take a look at the whitepaper Drive Toward Better Decisions with Dashboards to find out how dashboards can help:
- Efficiently communicate information up to stakeholders, down to team members, and across departments
- Increase the accuracy of forecasts by aligning project demand with resource capacity
- Consolidate real-time data, facilitating decision making and discussions
Download the whitepaper and find out how portfolio dashboards can help all levels of the PMO achieve more success with projects.
Heading in the Right Direction – Introduction to Dashboards
Portfolio dashboards are an effective method for tracking metrics and progress across the organization over time. Just like sitting in the driver’s seat of a vehicle, viewing information in an intuitive dashboard provides you the relevant information to continue heading in the right direction. Utilizing the consolidated dashboard to absorb relevant, real-time information enables you to make better decisions – such as pulling over for gas, scheduling an oil change, or filling air in a low pressure tire.
Similarly, portfolio dashboards provide insight into all aspects of projects, resources, and programs that are relevant to stakeholders – such as status, financial performance, and utilization – enabling healthier conversations and decisions. Ultimately, the goal is to give the overall picture of how the day-to-day work aligns with the company’s strategic goals or objectives. Whether you are keeping the business moving down the right road or measuring metrics to help reach the destination on time, portfolio dashboards have significant benefits for organizations of all maturities.
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