Managing Your Portfolios › Explore Alternate Portfolio Plans › Compare the Plans or Scenarios

Compare the Plans or Scenarios

Once you change plans, analyze and evaluate those changes to understand the implications of the changes as if the plans are real.

To compare different versions of a plan by the following factors, use portfolio reports:

• Portfolio constraints
• Investment counts
• Financial metrics (for example, NPV, ROI)

Note: To access and view the portfolio reports that you can use to compare your portfolio plans, install and apply the PMO Accelerator add-in. For more information about how to install the add-in, refer to the PMO Accelerator add-in documentation.

Example: Comparing Portfolio Planning Scenarios

The CIO at Forward Inc. reviews the new version of the plan now called "Option 2: Increase Budget and Strategic Work with Significant Impact”: He makes the observation that all the mandatory work is above the waterline with the scope for doing more strategic work.

The CIO expresses the desire for some more data to make a case for extra funding.

The portfolio manager selects the following portfolio plans and runs comparison reports:

• 2014 IT PMO Plan
• Option 1: Ten percent Cut plus CIO Commitments
• Option 2: Increase Budget and Strategic Work with Significant Impact

Using the reports, the staff can compare the following aspects of the portfolio plans or scenarios:

• The difference in overall planned cost, planned benefits, and other financial metrics by plan.
• The difference in overall planned cost, planned benefits, and other financial metrics by investment.
• The difference in investment rankings or waterline views by plan.

Follow these steps:

1. Open Home, and from Portfolio Management, click Portfolios.
2. Open the portfolio for which you want to compare plans.
3. Click Plans.
4. Select the plans that you want to compare and click Compare.
5. Select a comparison report for the portfolio plans.