Portfolio Management

Determine the Right Products & Execute Those Projects Right Away

With increased pressure on productivity and profitability, companies need to focus their critical product development resources on the projects that will produce winning products. But managing investments trade-offs among new opportunities and existing products, services, and intellectual property in the market is a significant challenge with manual or disconnected tools.

When managing a portfolio of ideas, projects and products, it's difficult to know which opportunities show true promise and which should be fixed or canceled. That's why it's imperative that product portfolio management be integral with the tools that product development teams use to collaboratively create products and execute the project plan. If the solution adds value to product development teams, your engineers and designers will use it in their daily work, thus keeping project information current. In this way, product portfolio management decisions are based on current data - there's no need to enter project information separately. The result: a solution that makes it easy to determine the right projects, and then execute those projects the right way.

PTC's Product Development System (PDS) helps companies maximize the value of their product portfolio by providing the visibility and control necessary to ensure appropriate funding allocations and resource assignments. By delivering proven business metrics, including net present value and internal rates of return, coupled with a configurable scorecard approach, PTC's PDS enables managers to continuously measure the costs, risks and payoff potential for every emerging product. With tools including easy-to-read data "dashboards," up-to-the-minute status reports, and detailed analysis, companies can select and "nurture" the very best of their emerging products-putting resources solely behind the truly promising initiatives.