The Portfolio Simulation add-on lets you model different scenarios. Explore the optimal project combinations, balance resource capacity, and align initiatives with strategic goals— all based on your data. With customizable simulations tailored to your organization’s priorities, you can confidently select the best path forward and maximize portfolio value.
This short video, we will guide you through the essential steps to accurately simulate and manage project budgets, ensuring you can handle the financial aspects of your projects with confidence and precision.
Working smarter through better PPM capabilities and timesheeting. When Projectum first met Nordea, the challenge presented was that their PPM solution for Time reporting and PPM matters was costly in software licenses, lacking user-friendliness and integration capabilities.
"Power PPM is a great tool letting us manage the entire lifecycle of projects in our company" - IT Manager - Healthcare and Biotech
PORTFOLIO SIMULATION FAQ's.
What is Portfolio Simulation and how does it benefit my organization?
Portfolio Simulation is a process of modeling the consequences of portfolio and project investments with historical data and financial modeling techniques. Portfolio simulation aids in evaluating investment strategies, optimizing risk management, and improving decision-making by modeling potential outcomes.
How do I get started with portfolio simulation and what scenarios can I simulate?
Portfolio simulation requires that you define and align objectives in your team as well as having the necessary information on hand. Tools like the Projectum xPM Portfolio Simulation add-on can collect data from other sources and minimize preparation by having the necessary information ready to simulate on in a safe environment. With Portfolio Simulation, you can simulate on finance, resources, and strategic consequences.
What levels of customization are possible and can What If be tailored to my organization?
The Projectum xPM Portfolio Simulation add-on has various customization options, such as timelines, data types, fiscal years. You can define the concepts and terms that are relevant for your organization according to your operational model and processes.
How accurate are portfolio simulations?
No simulation tool can predict the future, but portfolio simulation will help you prepare for different scenarios and bring forth any possible risks before they occur.
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