Project Portfolio Dashboard Template Excel is used to make a descriptive briefing of a project or business; for this purpose, there is a different excel template that can use.
Project management organizations manage a lot of projects at a time. So, the senior executives and project managers are looking into the details of multiple projects at a time.
Thus, the project portfolio dashboard template excel is useful for the project managers to monitor and control the KPIs of multiple projects.
It is pretty similar to the project management KPI dashboard. However, the project portfolio covers the KPIs of multiple projects instead of one.
So, the project managers use the project portfolio dashboard to display their desired information for each project. It may include the Gantt chart view of the project schedule of all the projects, not their activities.
So, the project manager’s responsibility is to choose the set of important information not display on the portfolio dashboard. It depends on the types of projects. Also, from which stages the projects are passes.
However, if a project manager monitors more than 3 projects. All the projects will not be in the same stage of project management. So, the project manager can’t choose a stage-specific portfolio dashboard. Thus, it is recommended to use a general project portfolio dashboard template that fits all the projects regardless of this phase.
When completed with a major integrating unit of a project, a milestone is said to be achieved. At the competition of all milestones; it is mandatory to take a look and reward the working team with remarks about their performance and efficiency plan.
Project Portfolio Dashboard Excel
As a matter of fact, your leaders are able to compare the selected projects and everyday work management is well effective as well. To tell the truth, the portfolio worksheet should be a comprehensive listing of all active project status reports within your department. Ensure the prevention of fraud through this!
The fact that the dashboard should be easily viewable and show up in an individual’s mailboxes to be viewed. You can share it online with cloud computing or Google sheets as well.
Save your lot of capital through project management, Of course, your business has unique requirements and your own way of operating.
For whole this reason, it is always important to have a precise form and complete detailing project dashboard of the project working in front of you; especially when you are the project manager.
A presentable form of work is always the best suit for suggesting as the project portfolio of work; it shows the practical worth of the planning and its outcome.
Portfolio dashboards are always mean to set an example of how barely excellence could achieve through a working team; deploying all the stages according to their planning.
Project Portfolio Dashboard Excel Format
The use of technology has penetrated almost all the fields of management and especially when it comes to the most gravy activity that is the management of general project operations based on the skills and experiences of the planning managers and project managers.
These people use various technology steps to accumulate the whole work in a planned form and then releasing bits of work to the most refined teams prepared for it.
Once the whole task is assigned to a group, a manager is fully responsible to monitor, evaluate their performance and take any decision broadly in the favor of company and project.
A manager when takes the duty to summon the successful accomplishment of the project; no matter what is the magnitude of tasks. He may use various tools and technologies to gain more precision and accuracy in his field.
This relevance operates the systematic betterment in the decisions and policymaking through time; as they seek the worst and good impacts of different decisions and strategies of working.
Components of Project Portfolio Dashboard Template
The project portfolio dashboards are very powerful and helpful tools for the project managers to monitor and control multiple projects at a time. Monitoring multiple projects at a time is a very hectic job. As each project is consists of more than 49 processes. Any negligence in even a single process may lead to project failure.
Thus, the project portfolio dashboard displays very crucial information on multiple projects to analyze and track. A simple project portfolio dashboard includes an overall combined summary of the entire project in terms of the following elements:
- Number of Projects
- % of completion
- Overall budget and Spent Value
- Total Team Members
- Potential Risks
- Open Issues
- Next 6 Months Insight
After the combined summary of overall projects. The button type tabs with an individual summary of each project are included in the body of the template.
The tab of the individual project may include various elements to display like percentage completion, budget spent and remaining, remaining months for project completion, several potential risks, and open issues.
However, once the project manager clicks on the tab of an individual project. The complete information of the project is open in the body of the preview section of the portfolio dashboard template excel.
This section may include further information about the project in terms of activities Gantt charges. Also, the budge and duration distribution of each activity. Further, the 3 potential risks with action plan hints and 3 high priority open issues with the expected date of resolution can be included.
Moreover, the summary of the task in terms of total, completed, in-progress, and pending must be there. While the project manager’s name and size of the project team are also helpful to mention. To conclude any special comments can also be included in the comments section of the individual project preview interface.
These templates readily available for this purpose are quite handy and easily understandable; Portfolio Dashboard Template is accustoming template which can alter according to the requirements of the project. Milestone template also helps to evaluate a progress report.
Putting the standard information in the boxes would ultimately lead to a concluded outcome that project. Paraphrasing the whole set of performance statistics simply elaborates on the instant condition of the project.
Free Excel Project Portfolio Spreadsheet
If you want to get this managerial tool just go to the comment section for the query!
This urges them to categorize their work in a dashboard profile; which is readily presentable at any stage when concerned bodies refer to its depiction.
A portfolio dashboard is a detail sectional chart that carries all types’ activities going under a project; and their all relevant and feasible aspects in detail.
This ensures the complete instant check of performance and other working parameters to be on board.