Oracle has added a Portfolio Analysis module to a new release of its Projects suite of applications.
The database giant hopes the addition will attract new buyers as well as more than 3,000 existing Oracle Projects customers.
The module is pitched at businesses organised in a project-focused way and aims to help them ensure their projects are aligned with the company’s strategic aims.
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Project managers can plan and control portfolios of projects, viewing them through a common filter to see which offer the best fit with the organisation’s goals, the funding available, return on investment targets and other criteria.
The tool offers “what if” scenarios, to assess the impact on funding of various portfolio mixes.
The new release of Oracle Projects also allows managers to review and update project completion estimates based on data automatically generated from work and resource plans, actual work completed, progress targets, other commitments and change orders.