Skip to main content

Analyzing Open Source Project Portfolio Management Tools

Project Portfolio Management Tools : Issue/Incident Management

Why PPM : 
Its similar to manage a portfolio of different asset classes  in financial world with varied set of information available to manager. Every portfolio manager wants to increase return on investment with limited available resources.

In the same fashion every Project Manager demands for successful completion of project best quality project deliveries, within budget and on-time. In managing such diverse information and resources one may face challenges like, change of requirements, internal competition for resources of staffing, infrastructure etc. So a robust PPM framework enabled with online tools is necessary to manage projects.

Project Portfolio Management Tools:

A set of projects portfolio managed across organization via a common tool for issue tarcking and incident managemtn helps a lot in managing and resoloving issues within a definite time period. Organizations are using project portfolio management (PPM) as a way of executing projects and delivering the results of benefits to end customer.


In case of projects, one of the open source tools used in as part of project execution is "Jtrac" web based software application used for incident management and issue resolution which is very effective in online collaboraion on a single page.
It has certain feature which is of use like email exchange, customized work-flows, fields etc., and also having a dashboard with search option across all project with custom roles. More information about the JTrac can be availed at location : http://www.jtrac.info/.

Project Portfolio Management Tools not only give a dashboard view of resources but also serves the purpose of knowledge management tool to have repository of resources available from project execution.



Comments

Popular posts from this blog

Aligning Projects with CSR (Corporate social responsibility)

CSR ( Corporate social responsibility ) in context to Project management : Projects are unique entity units, they have a start and a logical end. Projects executes in a time frame with certain goals and objectives to achieve by the end of project and obviously Business as whole is connected with project where sustainability matters. Project managers seek responsibility and accountability from each team members in projects to make project a success, there comes the role of CSR wherein project managers can engage project members to achieve the stated objectives in a project in a sustainable way with responsibility. Corporates do CSR but at the corporate level, if we drill down CSR initiatives at the implementation level and align operational objectives with CSR which can drive projects in a holistic way by driving individuals inside-out from organization perspective and projects outside-in. CSR is just not one word but a gamut of activities are associated with it where in on...

Organization development in context

Egyptians left a mark of the civilization in the form of pyramids. pyramids are symbol of high integrity. Pyramids tells a story of time and  built symmetrically in layers. Pyramids have been built over a period of long time and not easily destroyed. Organizations development is a phenomenon which encompasses human potentials to be explored and directional in nature. Lets look at the pyramid again with help of a mirror, moving up from flat to top from concrete to transcendental and moving from flat to bottom reflects. Organization development OD is contextual again based on relevance. OD evolves on group and team purpose and objectives. OD Types  likely hood are hierarchical ,bureaucratic, matrix, ,pyramidal, entrepreneurial, flat, team oriented etc. in nature. Size of the organization also determines the type of development. OD reflects the culture of the org and it will encircle the overall vision and mission of the org by operating procedures. OD in recent ti...

Agile vs. Metrics

Vectorized from: Ken Schwaber, Mike Beedle: Agile Software Development with Scrum Prentice Hall PTR, 2001 (Photo credit: Wikipedia ) Over the years, its by human nature to quantify most of the aspect when it comes to Return on investment . Project dashboard are meant to provide bird view of the project's overall health from a top level perspective. Although it gives a broad level view of the time lines , resource utilization, budget and so on so forth. Can we quantify performance indicators like human aspect of deliverable like motivation levels of team members, quality of customer sustenance, business continuity etc. Since emotional intelligence has certain predominance over IQ definitely it matters. In concurrent times of agile development where practices like scrum, iterative development , extreme programming are kind of just in time techniques to deliver solutions to different kind of projects. can we be able to quantify human aspect of indicators in agile ...