Project Portfolio Dashboard is useful tool which helps to visualized, track and manage performance of projects on dashboards.it basically helps project managers or executive stakeholders to observe the project on track, monitor project health issues, progress of project and manage, decision making and budget schemes. For example Agile portfolio dashboards are visual tools provides real time insights into the project.
Components of Project Portfolio Dashboard Template:
- Project Summary: Project summary includes project Name, manger Name, starting and end date with timeline presentations.
- Budget Plans: Monitoring Actual budget, Estimated Budget and remaining budget with graphically representations and manage completion of project within budget.
- Issues and risk overviews: It related to the project risk and issues and summarize it with the help of dashboards presentations.
- Performance Indicators: Color based indicators describes on dashboards excel, shows green for on and red for off.it shows the measurements of project performance and project health against goals.
Types of Project portfolio Dashboards Templates with examples:
Project Management Dashboard Template:
These are some portfolio dashboard examples. Above example of dashboard which is used in project portfolio management. it includes meeting agenda, plan, tasks assign to ,techniques, staff, testing system represent in the form of bar graph and graphs, pie charts also included to give overall task status and budget planning. portfolio used for multiple purposes in project plan dashboard tracking & monitoring.
Risk Management Project Portfolio Dashboard Template:
Above Template is used to track the risk and issue in project and observe progress is in progress, complete or on hold. These type or issues/risk can give negative impact in the progress of project portfolio. This template is the combination of progress track and risk management. Checkout our risk management dashboard for PowerPoint templates. Download RACI Matrix Template in Excel
Resource Utilization Portfolio PowerPoint Template:
Above Template is useful tool in portfolio used to locate or track the resources like tasks assigned, budget, tasks progress report and used many projects in dashboard portfolio. portfolio name, resources used in portfolio and day/week/monthly report prepare shows visually vs planned resources utilization in a graphically representations.
Financial Project portfolio Dashboard Template:
Financial dashboards are different from above portfolio dashboards, it is deigned for tracking investments, budget, resources and risks. This can be made in google sheets, excel and PowerPoint presentations. A typical ppm Financial dashboards are made to track visual and actual budget planning and overall budget cost on project. This type of budget sheets can be used in different project tracking programs to make changes. you may also search best financial dashboards from https://www.myplanningtemplates.com/
Uses and Benefits of Project portfolio Dashboards:
Project portfolio dashboards are useful to analyze, managing and monetarize different projects simultaneously. they provide better decision making, better victualed and clear authentic budget variations in which you can compare actual and virtual project expenditures. Theses dashboards also point out issues in the project and different areas in project which needs attention for stakeholders and managers. performance reporting process simplifies the project overall strategies, performance and progress, so that stakeholders reports can overview the reports without any hustle and errors.
- Budget Tracking: Tracking all insight budget issues related to the project portfolio and systemized it with actual budget schedule.
- Risk identification: Highlight risks/issues related to project and solve them with the help of charts, graphs and bars.
- Stakeholder Communication: Provide better visualized and clear up to date and reports to stakeholders and then they decide how to improve project strategies and remove all negative errors.
GANTT Charts Portfolio dashboards:
Simple Gantt charts are used in dashboard for project progress and tracking. These are visual representation of timeline data, start date, end date and milestones.
Frequently Asked questions:
Q1: Which type of Data used in Project Portfolio Dashboard Templates?
- Risk and issues
- budget related issues like actual vs. visualized
- Key milestones
- project health milestones
Q2: What are the challenges for Project portfolio Dashboards?
If issues are not solved in portfolio dashboards on time they can loss their effectiveness. For example manual data entry, poor data entry, complex dashboards hard to understand for stakeholders or team members ignore dashboard related issues.
References:
Main Elements in Project Portfolio Dashboards
4 project portfolio dashboard examples to compare
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