Allovance

Allovance is a cloud-based software solution that aims to enhance transparency and reliability in organizational prioritization practices. According to the vendor, Allovance is designed to cater to organizations of all sizes, including small, medium, and large enterprises. It is utilized by professionals in various industries such as business analysis, decision coaching, strategic planning, project management, and public sector organizations.

Key Features

Strategic Value Scorecard: According to the vendor, Allovance provides a comprehensive overview of strategic priorities and objectives on a single page. It helps users understand the alignment between the vision, goal, priorities, and objectives.

Priorities & Objectives: Allovance enables users to compare different priorities and objectives. The vendor emphasizes the use of pairwise comparison to determine the relative weights among priorities and objectives. It also assists in quantifying objectives and creating custom metrics for measuring project impact.

Score Projects: Allovance allows users to score projects against specific scales and criteria. The vendor provides custom forms for data collection and differentiates between strategic value, complexity, and urgency.

Select Your Strategy: Allovance aggregates data points into a customizable bubble chart, organizing projects based on their strategic value, complexity, and urgency. Users have the flexibility to manually or automatically create project portfolios. The system evaluates the portfolios for strategic alignment and generates comprehensive reports.

Collaboration: Allovance facilitates seamless collaboration among team members through the Collaboration Room. According to the vendor, it streamlines remote participation by providing a single interface for communication. Users can assign roles, delegate tasks, and reduce the need for excessive meetings.

Plan Ahead, Strategically: Allovance simplifies project review by considering various factors such as strategic value, complexity, and urgency. It allows users to create annual plans that align with strategic goals, considering both time and cost implications.

A Structured Process: According to the vendor, Allovance offers a consistent and structured decision-making process. It transforms subjective input into objective criteria, enhancing the overall decision-making process. The system ensures consistency, documentation, and repeatability across different scenarios.

Environmental, Social, Governance: Allovance supports the inclusion of Environmental, Social, and Governance (ESG) factors in decision-making. It enables users to score values-based criteria and consider ESG principles as priorities.