Portfolio Simulation & Forecasting

Validate decisions precisely based on feasibility, scenarios and prioritization

The new PPM requirements: Agility and responsiveness

Constant change requires a new form of portfolio management. A cumbersome and usually quarterly-based portfolio evaluation must become an agile, predictive and fast instrument that can support valid decision making within a very short space of time. In the context of agile scaling, this is often referred to as Lean Portfolio Management (LPM).

Portfolio Simulation & What If | Valkeen Consulting Infographs

Portfolio prioritization and capacities

Constant change requires a new approach to portfolio management. Portfolio prioritization is based on company-specific prioritization factors – specifically KPIs and a KPI system. The prioritization concept of our consulting solution includes best practice prioritization factors on one hand and feasibility in an integrated quadrant model on the other. In this way, our clients can make more informed decisions, choosing between importance and feasibility and setting appropriate corporate prioritizations in good time. A simplified example: Initiative X is less important (Prio C), yet still feasible, while initiative Y is more important (Prio A) but currently not feasible.

Our prioritization quadrant model uses above- and below-the-line analysis to resolve this complexity. As a result, decision-makers can directly simulate which projects need to be stopped or paused in order to implement new initiatives. Using resource transparency, the resulting scenario is often contrary to expectations, and may suggest that it is better to execute six priority C projects instead of just one priority A project.

Anticipating the future: Simulation, scenario comparisons and strategic decision templates

Modern organizations must be able to plan for or anticipate a variety of scenarios and time horizons and be able to answer an almost infinite set of questions on an ad-hoc basis. These scenarios are mostly either caused by bottlenecks or have direct consequences to resource utilization. Companies that manage to come up with solutions to such “what-if” scenarios will find themselves more able to rapidly integrate external and internal changes into their strategies, weigh up comparative scenarios and take the necessary measures and precautions well in advance:

  • What if we stop/postpone the project?

  • What if we have to complete a project earlier?

  • When is the earliest we can start the project?

  • What if we hire more resources?

  • What if we have the project carried out by external parties?

  • What if we have to cut budgets and/or jobs in certain areas?

  • Where do we have skill deficits and how can we solve them?

Valkeen PPM Ressourcenmanagement Beratung Ressourcenplanung Tool Tempus Resource
Resource management technology

Simulation, What-if scenarios: Why we need high-performance BI & tools in resource management

Valkeen Expertise | Simulation, tool & data quality

For the resilience and respond speed, companies depend on (1) applied and adapted best practices and (2) purpose-built tools that are designed for resource and portfolio management. Both determine data quality and inform strategic decision-making at enterprise level. We offer solutions that address both of these aspects.