Quality issues are discovered after the work is finished, a budget is overrun, and silos create communication breakdowns. These are problems that keep project stakeholders up at night. VPO’s Portfolio Management tools alleviate these issues by streamlining processes and creating a central hub for your projects.
Budget reporting
VPO Portfolio Management tools create visibility into the costs of individual projects. Users see where the costs of each project stand through the real time tracking of budgets, commitments and approved change orders. This powerful information helps prevent overrun and supports better decision-making, giving users confidence that their budgets are under control.
Scheduling
Scheduling in VPO at the portfolio level provides a unified system where timelines for all projects can be tracked and visualized together. This enhanced visibility allows for better project oversight and team coordination. Users can view Gantt charts, scheduled start and finish dates, and progress across multiple projects, making it easier to identify potential delays and allocate resources efficiently.
By integrating project timelines and schedules, users can assess contractor capacity and plan workloads efficiently. This reduces the risk of delays and ensures that business partners are equipped to handle the assigned work.
Bidding
Bids in VPO are managed at the portfolio level, streamlining procurement processes and enabling departments to oversee all bidding activities centrally. This improves transparency, efficiency, and access for procurement teams.
Configurations that meet individual needs
VPO’s ability to configure the needs of each client scales up to the portfolio level as well. Customized project permissions and access controls are managed at the portfolio level. Project Intake forms manage the approval and scope of projects, allowing project owners to manage and prioritize upcoming projects. Open workflow items for projects roll up to the portfolio level tracking even the most granular tasks.
Clean visualizations
VPO integrates seamlessly with Power BI allowing all the information mentioned above to be displayed in a comprehensive dashboard. This reporting tool also allows filtering by project, phase, manager, or type, we well as create roll-up reports for stakeholders.
VPO’s dashboard capabilities make it easier to prepare executive summaries, board reports, and status updates, eliminating the need for manual compilation and reducing errors.
By consolidating data, standardizing processes, and enabling real-time reporting, VPO users are equipped to deliver successful projects and drive organizational success.
To learn more about VPO Portfolio Management contact VPO’s Solution Consulting Team by clicking here.