How Strategic Portfolio Management Helps PMOs Align Projects with Business Strategy

Strategic Portfolio Management (SPM)helps PMO leaders connect project work to business strategy so executives can make better decisions about priorities, capacity, cost, and tradeoffs. In this Project Insight Power Tutorial, Mathew Sparkes and Steve West walk through how Project Insight supports Strategic Portfolio Management using portfolios, programs, dashboards, cross-project Gantt views, resource capacity reports, financial rollups, and simulation planning. You’ll see how PMOs can move beyond basic project tracking and use live project data to answer executive questions like: What work supports our strategy? Do we have enough capacity? What will it cost to add a new project? What happens if we pause or shift other work? What You’ll Learn -What Strategic Portfolio Management means for PMO leaders -How Project Insight connects projects, programs, and portfolios -How dashboards roll up project health, risks, costs, and effort -How executives can compare portfolio investment and workload -How capacity reports show whether teams can take on more work -How simulation planning supports what-if decisions -How PMOs can model the impact of adding, pausing, or shifting projects -How Project Insight helps connect execution data to strategic decisions Chapters 00:00 Opening 04:54 Welcome to the Power Tutorial 05:01 What Strategic Portfolio Management means 05:15 Connecting project work to business strategy 05:30 Why SPM is becoming a more prominent software category 05:45 How SPM helps PMOs get a seat at the executive table 06:10 Introduction to the Project Insight SPM dashboard 06:26 Rolling initiatives into portfolios 06:40 Viewing AI initiatives, programs, and projects 07:28 Reviewing project health, risk, and active work 07:44 Comparing portfolio spending 08:07 Adding columns to dashboard reports 08:26 Reviewing work hours by portfolio 08:59 Setting up portfolios, programs, and projects 09:42 Rolling up values from active project execution 10:13 Using live project data for executive conversations 10:37 Adjusting project timing from a cross-project Gantt view 11:03 Reviewing team capacity 11:40 Identifying over-allocation and capacity issues 12:08 Bottom-up and top-down allocation planning 12:25 Reviewing financial effort by portfolio 12:48 Opening reports for more detail 13:04 Changing report ranges and time scale 13:27 Using simulation planning for executive decisions 13:43 Modeling the cost of adding a new project 14:10 Pausing another project in a what-if scenario 14:36 Reviewing the financial impact of the scenario 14:52 How PMOs use simulation planning at the executive table 15:16 Drilling into portfolios, programs, and projects 15:38 Connecting task management, resources, budgets, and dashboards 16:02 Modeling schedule changes in what-if scenarios 16:27 Reviewing a long-running project scenario 16:50 Project Insight as project management and SPM 17:12 Getting started with programs and portfolios 17:20 Enabling the add-on 17:35 Adding portfolio and program details 17:58 Custom fields for portfolios, programs, and projects 18:15 Getting help with SPM setup 18:34 Closing Learn More Project Insight: https://www.projectinsight.com Request a demo: https://www.projectinsight.com/demo Help Center: https://support.projectinsight.net #ProjectInsight #StrategicPortfolioManagement #SPM #PMO #PortfolioManagement #ProjectManagementSoftware