Planview Portfolios

Score8.5 out of 10

177 Reviews and Ratings

What is Planview Portfolios?

Planview Portfolios is an end-to-end project portfolio management and enterprise architecture management tool. It includes two components: Portfolio and Resource Management and Capability and Technology Management. The platform is available as a cloud-based or on-premise service.

Categories & Use Cases

Media

END to END VISIBILITY: Planview offers complete visibility across all strategic endeavors, the status, spend, and progress. This gives organizations a connected view of how all initiatives are tracking without having to manage disparate teams and tools.

SCENARIO ANALYSIS: Unlike strategic portfolio management solutions that only allow users to create different plans and manually compare them, Planview users can compare plans, analyze investment trade-offs, and prioritize investments across different types of portfolios to ensure delivery of the best outcomes. This helps users to ensure the organization's capacity and investments are aligned to the highest priority initiatives.

PERSONALIZED USER EXPERIENCE: Planview can create unique, real-time views based on a job and the status, progress, and other data-oriented use cases. As a result, it can pinpoint where to focus, issues to address, and risks to mitigate in a single view.

DYNAMIC PLANNING AND FUNDING: Unlike applications that do not allow for the reprioritization of in-flight initiatives, with Planview you can pivot plans and key priorities at any time, and continue planning as needed based on your organizational strategies and goals. As a result, you get a portfolio mix of investments, initiatives, products, and projects that meet stakeholder and customer expectations.

GENERATIVE AI ASSISTANT: Unlike other AI Copilots, Planview Copilot taps into decades of Planview knowledge and learnings from thousands of Planview customers to glean insights, derive recommendations based on best practices, and inform strategic decisions. It connects data across project and product initiatives to help you understand insights from all parts of your organization – and it does this using a natural language interface. As a result, you can surface previously hidden insights, identify delivery risks, and act in seconds.

1 / 5

Ravindra Basantpurkar View profile

DEPUTY MANAGER Manufacturing engineering in Engineering at Kohler company (5001-10,000 employees employees)

Use Cases and Deployment Scope

We use for Capital project management

Pros

Capital time line
Management resources
Sap integration

Cons

Tool bar
Voice Assistant
Frequently used command bar

Return on Investment

Good to monitor progress
Investment pay back

Alternatives Considered

AceProject

Other Software Used

Birdview, AceProject, Adeaca Project Business Automation

Usability

Verified User

Analyst in Finance and Accounting (1001-5000 employees employees)

Use Cases and Deployment Scope

Planview Portfolios ensures governance decision auditability by incorporating embedded workflows, approvals management, and key document retention supporting a single configured delivery lifecycle. Additionally, Planview Portfolios serves as primary tool for project financial management, providing accountability and rigor throughout the organization.

Pros

Approvals management
Financial Management
Configured Delivery Lifecycle

Cons

User Guides
Customer Community / User Group
Financials Subtotal

Return on Investment

Not Identifiable

Alternatives Considered

Microsoft Project

Usability

Jason Przybycien View profile

Capital Systems Analyst in Information Technology at Corning Inc (10,001+ employees employees)

Use Cases and Deployment Scope

We use Portfolios for capital portfolio optimization, reporting and analytics, and enterprise project and portfolio management. We integrate it with our ERP systems and with Planview AgilePlace and Projectplace for multiple use cases/processes.

Pros

Manage large portfolios with thousands of projects.
Roll up financials across strategic hierarchy for projects around the world.
Manage access in multiple ways so we can set up each user/role with just the right permissions.
Support a variety of reporting and analytics methods.

Cons

ODATA is powerful but complex to customize, and it is hard to track query changes (who changes what when).
The user interface defaults to the last open portfolio, which can waste a lot of time loading a large portfolio if that's not what you want now.
Job management logs need better error messages to diagnose the issues.

Return on Investment

During multiple market downturns, Portfolios helped us to track the priority of major projects and provided a central source of truth to coordinate stopping projects to preserve cash.
Portfolios have allowed us to decommission several other in-house solutions - a custom Sharepoint database of small cost-saving projects and a legacy Changepoint time tracker.

Alternatives Considered

Microsoft Project

Other Software Used

Microsoft Powerpoint, Planview AgilePlace, Microsoft Power BI, Snagit

Usability

Pam Sargent

Planview Systems Delivery Manager at NASCO (1001-5000 employees employees)

Use Cases and Deployment Scope

We use Planview Portfolios to manage the following: * Manage effort estimates and actuals against projects * Project Financial Management * Resource Management * Support requests to the Planview Support team.

Pros

Connect strategy to delivery.
Manage resource utilization.
Captures effort estimates and actuals.

Cons

Capturing lower-level detailed expenditures within a project so that financial screens can show the details of the roll-up.
Reporting flexibility so that end users can create their own quick ad hoc reports for analysis.
Capturing matrixed skills on resources to ensure staffing is adequate and better align demand to supply.

Return on Investment

Enables visibility to Financial baselines/targets compared to forecast/actuals.
Flexibility to allow companies to grow in their use of the tool by turning on modules one at a time..

Other Software Used

Planview AgilePlace, Planview ProjectPlace

Maya Flowers

Technical Advisor in Professional Services at Dell Technologies (10,001+ employees employees)

Use Cases and Deployment Scope

I currently use Planview Portfolios in a system administrator capacity. I help our users understand Planview capabilities that can help solve their project/program management needs. At the moment our users are looking for solutions to give leadership an idea of what efforts are occurring and who is managing them. In the near future that will expand to the resources delivery that work for those efforts and the costs associated to deliver. The product has already solved for getting project data into the tool and who is managing those projects. It has also helped align those efforts to company/leadership strategies. With a very large organization with anywhere from 700+ projects going at one time, reporting is a key deliverable our teams are looking to Planview for once data enters into the tool. We are currently up and running with reporting options but do feel they could be expanded.

Pros

Ability to create simple or complex lifecycles when needed
Viewing a portfolio of data at once for overall group view
Resource management expansion over the years has allowed more valuable data

Cons

Increases for data system can process when it comes to reporting
Allowing strategic structure capabilities to be similar to all others, currently limited in add/deletes from a structure standpoint and have to go the portfolio route.