Portfolio composition

Portfolio Composition
Compose, compare and optimize project portfolio alternatives from project outlines and plans. A portfolio of high-value projects aligned with the organizational goals, based on solid business case input.
Project Input
  • Project input data entry by the project owner or product specialist
  • Input of project properties, project planning (timing, staffing, costs), risks, and benefits (which markets are addressed and how)
  • Versioning of all input over time to incrementally capture new insights
  • High-level actuals to monitor progress
  • Integrated management of supporting documents and links
  • Annotation of inputs for capturing comments
  • Quick what-if updates for chosen key inputs
Business Innovation Model
  • Project partnering configurations (costs, resourcing, as well as revenues are shared with external partners)
  • Build-in support for initial and recurring revenues (with an installed base model)
  • Mix of external and internal funding
Goal Setting and Monitoring
  • Explicit definition of business goals and constraints, such as growth, profitability, maximum R&D costs, as well as non-financial targets such as sustainability improvements
  • Management of portfolio balance requirements across different dimensions (stages, type of innovation, markets, etc.)
  • Portfolio checks for contribution to these goals
Portfolio Optimization
  • Choice of optimization goals and automatic generation of optimal portfolio compositions within constraints.
  • Signalling of changes in optimal portfolio composition when project data changes
  • Interactive adjustment and combination of portfolio compositions

Insight analysis

Insight Analysis
FLIGHTMAP offers powerful and relevant analyses of each project and of the full portfolio. Address all what-if questions for the portfolio so consequences of decisions are clear.
Project Analysis
  • Full financial analyses (P&L and cash flow), including the financial forecasts over time (of the business case)
  • Risk-adjusted financial analysis with proper inclusion of stage progress probabilities and launch success rate
  • Key performance indicators (KPI-s) per project based on (a combination of) the plan and the actuals
  • Analysis of value (NPV), strategic score, total cost, resourcing, and indicators for project status, data quality, project progress, and risk
  • Sensitivity analysis on each KPI to identify project improvement areas
Financial and Strategic Portfolio Analysis Model
  • Portfolio-level calculation of total financial and strategic impact
  • Analysis of future revenues, profits, costs, cash flows (and their components) for each portfolio composition
  • Strategic scoring mechanism for integrating strategic value in the portfolio analysis
Portfolio Resource Planning
  • Dynamic resource forecasting for each portfolio alternative with proper inclusion of stage progress probabilities
  • Interactive exploration of postponing projects, bringing in additional resources, and various partnering options
Portfolio Visualization
  • Real-time portfolio composition visualizations in X-Y bubble plot, funnel chart, roadmap
  • All resource and financial parameters over time (from revenue to cash flow)
  • Tabular overviews of all projects and their KPIs (with export to Excel)
  • Portfolio balance charts for determining contribution to value, costs, resourcing of individual projects and sub portfolios
Reporting and Exports
  • Standard user-defined export to Word, PowerPoint, and PDF document for project and portfolio inputs, analysis, and outputs
  • On-the-fly report construction during analysis
  • All numerical and financial analysis results export to Excel
  • Customizable document templates

Progress monitoring

Progress Monitoring
On-going tracking of the status of running projects, to complement the planned input. Include status of running projects as well as new proposals for integral portfolio-level decision making.
Funnel Management
  • Funnel chart showing progress through stages and planned and actual risk reduction
  • Portfolio roadmap GANTT chart for quarterly planning
Activity Monitoring
  • Earned value based progress monitoring for projects versus their planning and signals deviations for re planning
  • Project history over versions in X-Y bubble plot with development of cost, risk, and value over time

Business intelligence

Business Intelligence
Use external market and logical developments as input for project and portfolio analysis. Outside-in market and technology information is built into the decision-making process consistently.
Market Intelligence
  • Explicit management of market trends (market size, customer value and profitability) with portfolio impact of trends
  • Consistent analysis of all projects targeting the same market, including market segmentation and grouping>
  • Plug-in custom market model functionality for dedicated market logic
Technology Intelligence
  • Technology roadmaps with forecasts of technology performance linked to product or service costs with impact of technology trends
  • Technology platform projects linking to derived projects
  • Plug-in custom technology functionality for dedicated algorithms
  • Assign partners to projects indicating their contribution
  • Manage partner data consistently across the portfolio
Scenario Analysis
  • Impact modelling with scenarios across markets, technologies, and portfolios

Process control

Process Control
FLIGHTMAP tracks data entry and verifies data quality. Decisions are based on information with a clear status and of sufficient quality.
Roles and authorisation
  • Project leader role: enters, updates, and owns project data, and analyses own project, assign rights to others for viewing or editing their project data
  • Portfolio manager role: owns (part of) the portfolio, analyses alternatives, and captures the decision (by approving projects), assign rights to others for viewing or editing their portfolio
  • General manager role: assigns portfolio managers to each portfolio
  • Analyst role: checks project data by means of project and portfolio analysis, can set status accordingly and create and manage alerts
  • Administrators manage the portal and the user accounts, users manage their own account settings (such as their password, e-mail notification, defaults)
Data Quality and Alerts
  • Interactive data quality checklist configuration for the analyst
  • Automatic data quality analysis and reporting
  • Built-in versatile alert mechanism to resolve data quality issues, remarks and actions
Workflow and Approvals
  • Customizable workflow and approval mechanism per project for each stage in the stage-gated process
  • Portfolio level approvals linking to budgeting process
  • Quick task overview per user for pending tasks in the workflow
Innovation Calendar
  • Management of portfolio and project reviews (type, scope, frequency, and dates)
  • Data quality tracking for reviews during the preparation period
Defaults Configuration
  • Administrator toolbox for default values, admin settings, user management
  • Extensive configuration options for terminology and KPI selection, business logic, and process flow