Portfolio Management Template

Portfolio Management Template - Excel XLS Template

Portfolio Management Training Video

Portfolio Management Best Practices

Portfolio Management centralizes the management of all projects across an organization and their associated components, such as goals, resources, staffing, timeline, and budgets. Portfolio Management provides a high-level overview of the business’ projects and requirements, which allows managers to more effectively prioritize and implement upcoming projects based on ROI, risk factors, and strategic fit. In its broadest sense, Portfolio Management can be applied to any set of projects, but it is most often applied to business strategy and new product innovation management.

More about Portfolio Management

Description of Portfolio Management

Portfolio Management is an indispensable management tool and process that provides a high-level perspective of how aligned the organization’s projects are with its strategic objectives. It enables managers to not only track implementation of current projects, but also anticipate the necessary resources and likelihood of success of proposed projects, identifying potential barriers and risks prior to new project selection. This then allows for a more effective prioritization, implementation, and evaluation process. Portfolio Management also creates an inventory of all past projects, which assists in leveraging existing organizational capabilities.

Praxie's Online Portfolio Management Tools & Templates

Strategy teams responsible for managing a strategic portfolio of resources, business assets or sub-groups should look for tools and templates that allow them to track multiple complex asset categories in one place. Specific tools used in Portfolio Management often include the new online template from Praxie which enables enterprise-wide insight into portfolios. More and more, Portfolio Management includes creating dashboards that outline KPI’s and metrics to ensure investments are made using a balanced view of low, medium, and higher risk projects. Portfolio Management centralizes the management of all projects across an organization and their associated components, such as goals, resources, staffing, timeline, and budgets.  

Portfolio Management Software like the app we’ve developed helps strategists and business leaders track performance of a portfolio of assets or companies within a portfolio and allows for detailed analysis depending on how the business leader or strategist wants to cut or manipulate the data. Get started with our Portfolio Management template.  

How to use it: 

  1. Review the template to assess and prioritize your portfolio.  
  2. Adjust the Criteria labels and weights to reflect your company’s needs. 
  3. List your ideas of projects/products. 
  4. Provide scores under each category of opportunities and risks. 

Unlike most traditional Portfolio Management techniques, Praxie’s online Portfolio Management collaboration tools allow any team or organization to instantly begin working with our web templates, input forms and metrics dashboards. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.