What is a Project portfolio Dashboard Template?
The project Portfolio dashboard template is a visual tool for project managers and Hr. department which represent in excel, PowerPoint and google sheets. This tool can be used to summarized the information of different project in one place. Dashboard template commonly allow the Project managers to visualized, analyzed and executive track multiple projects in portfolio. we can monitor different projects in project portfolio like project management, project progress and RACII Matrix etc.
Key Factors include in project Portfolio
There are some key factors should include in your portfolio planner to managing risk, issues, team task and other resource management are;
- Timeline with dependable variance
- Team/Task Management through visuals chart
- Risk Management with identify key issue tracker
- Stakeholder easy reporting through project portfolio tracker/reporting section
- Systematic change management during any project life-cycle stages
- Risk portfolio management
- HR operation and key roles identification tracker
- Reporting in every stage of life-cycle
These are some factors must include in your planner or portfolio tracker, if not then you should looking another. Multiple to Single portfolio planner in-trend in market nowadays, so if you require more information about it, y0u can ask EZOWO.
what is dashboard?
A dashboard is a visual display or screen which shows important data in the form of charts, tables, sheets. Dashboards are designed to help team members and stakeholders of the company to track quickly and indicate performance with the help of high profile google sheets, charts and power point projects. This will leads to better decision making, spot trends and deliver real time data. Dashboards display overall status report of portfolio Templates.
Common features of Dashboards are:
- Charts, Graphs and Project Sheets These elements commonly used to visualized and identify the pattern.
- data Tables and Charts These visual tool allow managers and team to explore information in more detailed and granular way.
- KPI’S(Key Performance Indicator) KPI’S play important role as they turn data into insights.
Use of Gantt Chart in Project Portfolio Scheduling:
Gantt charts commonly used in dashboards to view high level projects and track the performance of the project.
What should be included in portfolio excel dashboards?
Dashboards are essential and unique for any organization and company. Portfolio gives the clear and visualized snapshot of project performance and company’s progress. Every project has different intentional outcomes and processes to reach the goal .Here are some essential elements that’s are needed in any dashboard
- Description- Dashboard description provides full size overview of the project as for outsiders it may be helpful to precise project scope, milestones and its objectives.
- Timelines- Timelines gives the visual representation of the project as when they are started and what’s are outcomes so that managers and stakeholders can mange the project activities and see the difference of different project progress and make assumption when they are expected to be completed.
- Graphs and Charts- These are visual data representation so projects milestones and activities can be overview easily and understandable. In your portfolio graphically representations depend on the type of project.
- Budget Information– Most important key element in any project that indicate the progress of any company and shows project is under budget or not.
- Resource management- Dashboards usually shows the key metrics and current optimization of resources. Without resource management dashboard objectives are incomplete, resources include people, time and budget etc.
Types of Portfolio dashboards:
Project Performance Dashboard:
Here are some examples of project dashboards depend on projects which we can create for any portfolio including KPI’S, Project Management, Risk management etc. Below Project performance based dashboard presentation metrics shows Project progress percentage ratio and status.it describes clearly overall progress of a project. Related: Project Life-Cycle Template
Project Portfolio dashboard templates Download: Your Go-To Tools for Success
These project management templates designed according to project management life-cycle. From Initiation to project closure. With some addition templates are already added like communication template, risk management and tracking templates.
When it comes to managing projects, having the right tools can make all the difference. Project planning templates are like your project’s best friend—they save time, keep things organized, and ensure nothing falls through the cracks. Whether you’re a seasoned pro or just starting out, these templates are designed to simplify your workflow. You can see related Templates such as project tracking tool
Portfolio Dashboard examples:
Example 1 Executive Project Portfolio Dashboard :
This dashboard is used for project portfolio for any project.it basically includes all visual images, graphically presentations and timeline sophisticated graphs and bar charts. Different projects clearly summarized with proper description of status, budget schedule, risk/issues and resources.
Completion of project and progress shown with estimated budget and resource person are also allocated who are responsible for project activities.
Using project Portfolio Dashboard in Gap Analysis
You can use project portfolio dashboard in creating gap analysis template. Project portfolio monitor the key metrics of Scope of Work.
RACI Matrix Portfolio Dashboard
Raci Matrix knows as Responsibility Assignment Matrix, used to track roles and responsibilities for specific tasks. it’s important role in any project as consultant, accountable and responsible. We can create Raci matrix dashboard portfolio with the help of power point, Jira, Excel Sheet, Google sheets and Smartsheet.
Here’s an example of Raci matrix performance shown in dashboard, overall working progress within no. of days gives visual and esthetic graphically formation.
Frequently Asked Questions:
Q1: In any case of project missing from dashboard what will do?
In this case, you may consult the dashboard owner or use feedback form.
Q2: How can I achieved project in portfolio financials?
You can locate it in reporting tool, Track financial metrics regularly and integrate resource cost tracking.
References:
Key elements in a project portfolio dashboard
Benefits of a dashboard for Project Management
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