Up to 35% cost saving
Over 25 years of experience
Up to 27% time saving
Stay in control of your project portfolio
Single source of truth
Put an end to the inefficiency of hunting down project information scattered across various systems. With Cleopatra’s portfolio management software, experience the power of a single source of truth for all your project data. This ensures convenient accessibility and in-depth analysis. Effortlessly visualize and assess your financials, budget, and project advancement, while seamlessly comparing projects within the portfolio.
Stay ahead of project portfolio challenges
Elevate your ability to manage the issues your project portfolio might face and avoid making wrong choices that could hurt your projects. Cleopatra’s portfolio management software helps you spot warning signs early on, so you can act quickly and keep your projects on the right track to succeed.
Setting up effective project portfolio management
When you put a robust project portfolio management software in place, you initiate an ongoing cycle of improvement. Extract insights from individual projects and identify trends or key cost drivers across your entire project portfolio. This will significantly enhance the accuracy and reliability of future project cost estimations, thereby mitigating the risk of budget overruns or schedule setbacks.
Elevate teamwork across your project portfolio
Empower your project groups with smooth and effective collaboration. By utilizing Cleopatra Enterprise, you introduce a well-organized approach tailored to your distinct requirements and preferences. Boost your organization’s productivity by fostering transparent and cohesive teamwork across the board.
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Resources to improve portfolio cost management
Related solutions
Cleopatra covers the entire project life cycle by including functionalities for different project controls disciplines in one advanced system. With centralized data at its heart, Cleopatra ensures continuous improvement of project performance, and successful digital transformation.
FAQs about Cleopatra Change Management
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What is project portfolio management?
Project portfolio management refers to the strategic and systematic process of managing a collection of activities, investments, or assets as a whole. It involves making decisions and allocating resources to achieve specific objectives while considering factors such as risk, return, and alignment with organizational goals.
In the context of project management, portfolio management focuses on selecting and prioritizing projects that best align with an organization’s overall strategy and objectives. It also involves monitoring and optimizing the performance of projects within the portfolio, ensuring that resources are allocated efficiently and effectively to maximize the value delivered to the organization.
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What is the difference between portfolio and project management?
Project management involves overseeing the planning, execution, and completion of individual projects, while portfolio management focuses on selecting, prioritizing, and managing a group of projects to align with strategic goals and maximize value for the organization.
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How does portfolio management reduce risks?
Portfolio management mitigates resource over-allocation, identifies financial vulnerabilities and forecasts portfolio performance, reducing project risks effectively.
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How does Cleopatra help in proactively addressing challenges in project portfolio management?
By monitoring projects in Cleopatra, you can quickly bring up all required project information on progress, budget performance, changes, and contingency. Some projects go well, some projects know many challenges. However, you want to know this well in advance, so you can act on risks before they become issues. Over the complete portfolio, you want to create overviews in which all project information is presented and thus can be monitored and compared based on the aforenoted KPIs.
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Who manages the portfolio in Cleopatra, if the separate projects are already managed by their own project manager and controller?
In Cleopatra, controllers and project managers are responsible for their projects. There, they set the budget, collect information, assess performance, and forecast the project. On portfolio level, only selected users can make certain changes, which is role-based.
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How does Cleopatra portfolio management tie into your ERP system?
You can import the financial information that resides in your EPR system, such as expenditures, commitments, and transfers, into Cleopatra projects for analysis and forecasting on project and portfolio level. You can use the ERP code of accounts in Cleopatra to ensure a well-integrated system.
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Can Cleopatra portfolio management export data for benchmarking and BI tools?
Yes, Cleopatra portfolio management can export information through Excel and several dedicated interfaces, such as PowerBI. Additionally, Cleopatra contains a dedicated project benchmarking solution that is tailored to more in-depth analyses of projects and turnarounds.
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Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.