Running Scenarios Using Portfolio Modeler

With Portfolio Modeler, you can create alternate versions of a plan to model what-if scenarios: comparing, analyzing, and experimenting with different versions to help decide on the best course of action. These project models serve as a strategic planning tool, used to research and validate on model projects (rather than live projects). Portfolio Modeler is therefore used primarily by executives to evaluate the capacity of the organization to take on new projects.

Specifically, executives and resource managers can use Portfolio Modeler to plan on project resource allocation by basing assignments on skill requirements. Users can quickly view the effects of various staffing options at the schedule start, schedule finish, and resource allocation levels. With Portfolio Modeler, managers can quickly identify staff problems across projects in an organization and then model how staffing changes can potentially affect schedules, costs, and workloads. Model results can be saved as reports, which can then be used with the Resource Substitution Wizard in Project Professional to apply the model to live enterprise project plans.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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