Managing a project portfolio is a bit daunting, isn’t it? But how do you manage it well?
Yes, you can rely on the best project management process and stabilize your business with project portfolio management software. That’s the key.
Finding the right software would again seem complicated, but define your business objectives and ensure you choose the right tool that satisfies your needs and helps you grow.
We have shortlisted eight project portfolio management software for your business to make it easier.
Let’s get started.
8 Best Project Portfolio Management Software
#1 Yoroproject
#2 Microsoft Project
#3 Click up
#4 Wrike
#5 Monday.com
#6 Clarizen
#7 Jira
#8 Teamwork
#1 Yoroproject
Yoroproject is the best choice for your project portfolio management if you need extended features in terms of business growth. It has extensive options to bridge the communication gap between the strategy and its execution and helps you to succeed with the right strategy. In addition, it is a cloud-based platform suitable for businesses of any size.
Some of the noteworthy features include:
- Simple no-code platform
- Drag and drop editor
- Collaborative workflow
- User permission customization
- Seamless integration
- Simplify the workflow automation
- Makes use of the online forms for lead generation
- Inbuilt reporting templates help you for better decision making
It helps you to identify the project dependencies and plan based on them. You get to stay updated with the proven track results so that you can forecast results much before staying ahead of the curve. Team management and task management are made much more straightforward. Not just that, you can integrate apps that you want quickly. It’s an entirely cost-effective solution for you! A free Trial for 7 days is available to test and evaluate the platform for your business needs.
#2 Microsoft Project
It’s a cloud-based platform best suited for small to large businesses. Even freelancers may prefer this system. For project portfolio management, it offers you the following features:
- In-built customizable templates for project planning and reporting
- Portfolio management for integrations, BI reporting systems, and more
- Good mode of resource allocation capabilities
It is a bit expensive for small businesses, but features may find a great fit.
#3 Click up
ClickUp is excellent for small to large-scale businesses. Different pricing plans are available for diverse businesses. It makes your portfolio management simpler. It has features to manage multiple tasks at a time.
– Flexible for project managers to plan and execute strategies
– Easy team collaboration
– Real-time updates and more for project tracking.
– Customized dashboards are helpful.
#4 Wrike
Wrike is a great first for medium to large-scale businesses. It can be considered as both project management and work collaboration platforms that will help you set up goals, align with them, and efficiently deal with your resource allocation.
- Easy to execute Project Planning
- Streamline and optimize the team collaboration activities
- Better visibility through customized dashboards
#5 Monday.com
Monday.com is a project planning solution that helps managers to plan, schedule, and track projects efficiently. In addition, it helps you better team collaboration and communication so that gaps can be reduced.
Some of the noteworthy features include:
- Assign works easily
- Helps you with automated notifications
- Map the milestones and set deadlines
- Track the project status and updates
- Seamless integrations
#6 Clarizen
It is suitable for small to large-scale businesses. It has three variations: Clarizen One, Eagle, and Go. It is also a cloud-based solution. So you get a realistic view of the project’s progress. Supports Windows, Mac, and others.
- Seamless collaboration
- Good project management
- Efficient task management
#7 Jira
It was previously called Atlassian. It helps you to plan, track, monitor, and work with stakeholders. On-cloud premises and it supports Windows, Mac, and others.
- Visibility of your reports
- Track projects for adequate progress
- Communicate your plans and effectiveness.
#8 Teamwork
It is an all-in-one project management platform to manage your client projects. It is inbuilt with feature-rich modules with excellent time tracking capabilities. The best part is that it can easily support any number of clients.
Some of the noteworthy features may include:
-Project tracking and monitoring
-Effective team collaboration
-Lessen the communication gaps
-Track your project progress
So, Over to you!
Now that you have sound knowledge of different project portfolio management tools, it’s time for you to decide on which one to finalize. Every tool and platform would be unique and different in its way. You need to choose the most suitable and reliable project portfolio management software that best aligns with your business needs.
When considering the pricing charts as a primary concern, you must also look at the features each tool offers. Yoroproject is a reliable option as it is well suited for businesses of any size and has flexible pricing options based on the nature of your business. Furthermore, with comprehensive features and a user-friendly interface, it runs on a no-code platform, making it an easy option for everyone to try their hands on it.
Choose wisely to experience better business growth and retain your customers as much as possible.
