Psoda

Psoda is a project portfolio management (PPM) software solution offered by Psoda Limited. According to the vendor, Psoda aims to assist organizations in centralizing and organizing their project portfolios, improving communication and collaboration, aligning project delivery with organizational strategy, and maximizing return on investment. The product is designed to cater to the needs of various professionals and industries, including project managers, programme managers, portfolio managers, PMO professionals, IT professionals, and engineering and construction companies.

Key Features

Portfolio optimisation and scenario planning: According to the vendor, Psoda provides capabilities for analyzing, categorizing, prioritizing, balancing, and planning project portfolios. Users can analyze different scenarios to make informed decisions about resource allocation, budgeting, and project prioritization.

Performance tracking and reporting: Psoda offers performance tracking and reporting tools to monitor and measure project and portfolio progress. Users can track key performance indicators (KPIs), milestones, and deliverables, and generate custom reports and interactive dashboards.

Risks and Issues escalation, tracking, and management: Psoda includes features for identifying, escalating, tracking, and managing risks and issues throughout the project lifecycle. According to the vendor, users can assign ownership, set priorities, and proactively mitigate potential impacts on project success.

Resource management and allocation across the portfolio: Psoda provides resource management and allocation capabilities to effectively manage and allocate resources across the project portfolio. Users can track resource availability, assign resources to projects, and optimize resource utilization.

Project scheduling and planning: Psoda offers project scheduling and planning tools to create and manage project schedules. Users can define tasks, set dependencies, allocate resources, and visualize project timelines through Gantt charts, ensuring projects are delivered on time.

Automated members of the portfolio using custom criteria: According to the vendor, Psoda enables the automation of portfolio membership based on custom criteria. Users can define specific criteria and rules to automatically include or exclude projects from the portfolio based on their attributes.

Customizable workflows: Psoda provides customizable workflows to tailor the project management process to specific needs. Users can define and configure workflows to match their existing processes, ensuring consistency across projects and improving efficiency.

Detailed scenario planning: Psoda offers detailed scenario planning capabilities to analyze different project scenarios and assess their potential impact. Users can model various scenarios, adjust project parameters, and evaluate outcomes to make informed decisions.

Comprehensive budgeting and forecasting: Psoda includes comprehensive budgeting and forecasting tools to manage project finances. Users can create project budgets, track actual costs, and forecast future expenses, providing real-time visibility into project financials.

Extensive reporting and analysis: Psoda provides extensive reporting and analysis capabilities to gain insights into project and portfolio performance. Users can generate custom reports, visualize data through charts and graphs, and perform in-depth analysis for data-driven decision-making.