There’s a way to do it better - find it! Thomas Edison
Using Decision Lens resource planning solution, portfolios can be easily brought together and analyzed to inform your most challenging resource planning questions. Decision Lens can take your measures or help you quickly estimate the value, cost, balance and risk of your projects. You may have categories of investment within your portfolio, or have multiple portfolios that need to be aggregated in to a big picture view. By providing you a means to bring your data together through our import, integration and easy to use interface, we can map your data to the Decision Lens framework. Decision Lens can help you keep your data updated, and bring together a portfolio of portfolios. Depending on where you are on the maturity curve, you can use quick estimates to establish the difference between projects across the spectrum of maturity from a simple set of basic measures to multiple measures of value, pulling from many sources of funding, across many time periods in your planning horizon. You can start with a simple score card and progress to replacing it with a key performance indicators, or metrics as you decide which variables best describe your portfolio and defines your resource allocation trade-offs and opportunities.
The only certain information in the resource planning process may be that which is sitting in the 20/20 rearview mirror. Preserving the data about how projects were forecasted to cost and perform and reassessing them as they progress (on the dimensions of value, cost, balance and risk) can provide important context for making the new choices under uncertainty as you are looking forward into the future. Using Decision Lens suite of resource allocation tools, your organization will be able to take knowledge of past results and performance along with estimates of current and future projects, and nimbly navigate the possible paths forward.
Using this robust set of scenario planning capabilities your organization will be able to compare and contrast the different resource allocation plans that highlight recommendations to pivot and move your organization toward more value, lowered costs, less risk, and a better balance that is adapted in response to your current environment and its emerging or most disruptive challenges. Decision Lens can help you quickly communicate why options are being considered and what the driving forces are that make them attractive, along with what the impacts and risks of the resource trade-offs are that could be considered. Decision Lens provides a solution with a set of tools that allows you to start simply and refine your view with better and better data and learning over time to drive continuous improvement of your resource allocation process. The ability to make choices knowing where you’ve been, where you are, and where you might go, with algorithms and analytics that find options, and highlight differences can lead to insights and opportunities that will enable meaningful resource allocation decisions that will change your organizations performance, and move you toward your goals and objectives.