Leading Companies Trust Meisterplan
Your Lean Project Portfolio Management Tool
You have 100 projects going on at the same time across multiple offices and international locations. 50 of them are considered the number one priority, the other 50 are a close second. 10 new projects are proposed every month. Your key employees are expected to be involved in every single project. A recent merger means that 100 more projects and 100 new resources just got added to the mix.
Sound familiar? It doesn’t matter if you have 1,000, 100 or 10 projects, project portfolio management is dynamic and complicated. But, it can be easier.
When you use Meisterplan as your lean PPM tool, you get a cloud software that provides the capabilities you need to simplify your project portfolio management. You gain visibility into just the right information for a complete PPM process without complicated excess data. The functionalities that you need for lean project portfolio management fall into the following five categories. And Meisterplan has you covered.
Project Portfolio Management
Build portfolios with the right people working on the most important projects at the best possible time.
You will be able to easily manage your project pipeline and stage gate processes from project initiation through to completion. You can assess whether a project realistically fits into your portfolio. When circumstances change, you can use scenario planning to see the impact of those changes not only for that specific project, but also how it impacts all of your employees, your financials and the project portfolio as a whole. You can then react quickly and make the best decisions for your company.
Create a master portfolio and sub-portfolios
Track delivery and milestone timelines for each project
Get quick answers to what-if questions through scenario planning
Know which people with which skills are available when, so you can assign the right people to the right projects.
You get the tools you need for every stage of resource planning. You can start with role-based planning. Then, when ready, staff specific employees to the projects. You can include employees’ skills to easily match the most qualified employees with available capacity to the most important projects to maximize resource utilization. You will not only see when employees are over-allocated, but you can resolve those over-allocations. You can also simulate capacity changes using scenario planning to find out what happens if you add or remove internal or external capacity.
Start with role-based allocations and then staff the roles with employees based on skills and availability
Get accurate resource availability incorporating vacation and other leaves
Spot resource over-allocations and use scenario simulations to quickly resolve them
Strategic Alignment and Project Prioritization
Ensure that the most important projects receive top priority and are aligned to the corporate strategy.
With a simple drag and drop, you can match each project with the corresponding goal for a strategically balanced portfolio. You can also prioritize your projects directly in Meisterplan. You can simply rank each project and drag them into the desired order, or you can use the scoring feature to score each project and then sort by those scores. Resources are first assigned to the projects with the highest rank, so your key employees work on the top priority projects ensuring their success.
Ensure each project is aligned with strategic goals
Use the Project Score feature to prioritize and sort the project list
Easily reorder projects if priorities change
Track budgets and financials across your entire project portfolio.
You will see at a glance the amount of capital and operating expenses committed to the portfolio as well as its benefit. This lets you easily identify your most profitable projects and ensure that your project portfolio is in line with your budgets. You can include a chargeable rate for each role or resource so that you know the estimated resource costs for each project. Using scenario planning, you can quickly simulate and observe how financial resources are impacted by changes to projects.
Add specific financial information for each project
Keep track of budgets for the portfolio
See how financial resources are impacted by project changes
Project Analytics, Dashboards & Reports
Manage and analyze your project portfolio to make informed decisions.
With Meisterplan’s interactive dashboard, scenario comparison capabilities and internal reporting features, you will see and analyze your data in real-time. The integrated pivot reports give you the information you need to design a better portfolio and to communicate its benefits to senior management. This makes in depth analysis effortless, so you will get answers and make the best decisions without wasting any time or effort. You can also use your existing BI solutions, including Tableau® and Business Objects®, to enrich your Meisterplan data.
Immediately visualize plan alternatives with graphical scenario comparisons in the Gantt chart
Use integrated pivot reports for better portfolio planning and to easily communicate the benefits of a proposed plan
Enrich your data by integrating your existing BI solutions
Learn More About Meisterplan
Create achievable and adaptable plans and portfolios.
Let your teams work the way they want to work.