For portfolio management and the PMO
Are budget and people in the initiatives that work?
Whoever runs a portfolio is measured on the value it delivers. ValueSpoc shows each initiative with its goal, expected benefit and people, so budget and capacity go where they work.
Where money and time are lost
Three situations every portfolio knows
The budget round asks for a cut
Cutting evenly also hits the initiatives with the most benefit. A scenario shows in advance which goals and which benefit hang off a cut.
Align initiatives with goalsTwo departments want the same people
Key people sit in several initiatives at once. Capacity per person shows the overload before a date slips, and staffing requests go through an approval.
Spot bottlenecksThe portfolio's value has to be shown
Management asks what the portfolio delivered. The benefit register holds plan, forecast and actuals, and the realisation index shows the evidenced share with its arithmetic.
Realise benefitsWhat changes
Budget and capacity follow the benefit
- Initiatives without a goal stand out, with the reason. You decide whether they continue.
- Cuts can be explained initiative by initiative.
- Overload per person is visible before it costs dates.
- Status comes out of the work, so nobody collects it before every meeting.
What stays with you
Which initiative comes first is decided by you and the executive team. ValueSpoc puts goal, benefit and capacity next to it and records the reasons.
What people often ask
- We already have a tool for the project portfolio.
- It can stay. ValueSpoc links the projects to goals and benefits and connects through interfaces.
- Our teams work in Jira.
- That stays. Epics go to Jira, the status comes back.
- Nobody here will maintain another system.
- The project lead keeps the status in one place, and the portfolio comes out of it. That saves a step.