Optsee® Project Portfolio Project Ranking Charts

The Optsee® project portfolio project ranking chart has been designed to give you quick views into your project portfolio rankings in relationship to individual project attributes. By opening the Chart Preferences form, you can quickly toggle through different views of your data in the same open chart.

The most basic view (Figure 1) displays just the bubbles in rank order from high-to-low based on the Y-axis value. Here we see the SMART (Simple Multi-Attribute Ranking Technique) value scores in the Y-axis and the project ranking in the X-axis:

Project Portfolio Management Project Ranking Chart With Equally-Sized Bubbles

Figure 1: Optsee® Project Portfolio Management Project Ranking Chart With Equally-Sized Bubbles

You can then assign an attribute to the bubble size to give you an added chart data display dimension (Figure 2). Here we’ve added the “Profit” dimension so we can see the relationship between the SMART scores, the project rankings, and the “Profit” associated with each project.

Project Portfolio Management Project Ranking Chart With Bubble Areas Proportional to Profit

Figure 2: Optsee® Project Portfolio Management Project Ranking Chart With Bubble Areas Proportional to "Profit"

Uncertainty and risk are important parts of any project portfolio evaluation, and the project portfolio project ranking chart makes it easy to display this data bay adding “error bars” to the chart (Figure 3). In this view, the bars display the high, low, and most-likely SMART value scores based on the estimated uncertainty in the project attributes (such as cost, reward, probability of success, etc.).

Project Portfolio Management Project Ranking Chart With Bubbles and Risk (Uncertainty) Bars Displayed

Figure 3: Optsee® Project Portfolio Management Project Ranking Chart With Bubbles and Risk "Error" Bars Displayed

You can also view just the uncertainty bars by turning-off the bubble display (Figure 4). This is a clear way to quickly understand and compare the upside and downside risk in each project.

Project Portfolio Management Project Ranking Chart With Just Risk Bars Displayed

Figure 4: Optsee® Project Portfolio Management Project Ranking Chart With Just Risk "Error" Bars Displayed

These charts can get pretty crowded for larger portfolios, and Optsee® has some useful ways of analyzing these charts. For example, you can draw “Zoom Boxes” to “zoom-in” on chart areas of interest (Figure 5), and the chart immediately re-draws to display only the projects that you selected.

Project Portfolio Management Project Ranking Chart Using Zoom-Box to Zoom-In to Chart Area

Figure 5: Optsee® Project Portfolio Management Project Ranking Chart Using Zoom-Box to Zoom-In to Chart Area

You can also expand the chart area by hiding the legend, and turning-on “Display Bubble Label Name” or “Display Names Along X-Axis” (Figure 6).

Figure 6: Project Portfolio Management Project Ranking Chart With Hidden Legends

Figure 6: Optsee® Project Portfolio Management Project Ranking Chart With Hidden Legends

Project portfolio project ranking chart can give you many different project ranking views (Figure 7). This chart displays the rankings by “Profit” and the bubble area represents “Cost.” Note that the legend displays the project names in rank order, but you can re-order the legend by clicking the legend headers at the top. Also, double-clicking on a legend item will open that project in the project form.

Project Portfolio Management Project Ranking Chart With Projects Ranked by Profit

Figure 7: Optsee® Project Portfolio Management Project Ranking Chart With Projects Ranked by Profit

Finally, like all Optsee® charts, the project portfolio project ranking charts are highly customizable with over 60 chart preferences that you can set to get the look you want (Figure 8). Of course, you can set your own default set, too, so your new charts have the style and presentation that you want.

Project Portfolio Management Project Ranking Charts With Different Backgrounds

Figure 8: Project Portfolio Management Project Ranking Charts With Different Backgrounds

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