Portfolio and Project Management as a Service

Gain visibility of all the projects that you have on the go in your organisation

Instead of managing your projects on a case-by-case basis, gain visibility of all the projects that you have on the go in your organisation, along with the staff involved in the delivery of those projects. Millpond can help by creating visibility of all initiatives/projects and resource workload.  Help with prioritisation of projects to align with your strategy and goals. 

By doing this, you can leverage external expertise and resources to plan, execute, and monitor your projects and portfolios. This service is delivered through cloud-based software platforms, allowing businesses to access project management tools and services over the internet on a subscription basis. 

What are the key advantages and benefits of Portfolio and Project Management as a Service (PPMaaS)

Cost-Effectiveness: Without the overhead costs associated with hiring and training an in-house team, PPMaaS eliminates the need for significant upfront investment in project management software and additional staff. Instead, you will only pay a cost-effective subscription fee, which is especially beneficial for small and medium-sized businesses with limited budgets.  

Access to Expertise: You will be able to leverage off the expertise of Millpond’s collective experience of talented project managers and experienced consultants. Your projects will be managed by professionals who have extensive knowledge of industry best practices and can boost the capability of your team 

Scalability: Millpond’s PPMaaS solution is scalable, which means we tailor a solution that supports your project management and is designed to be standardised to your project delivery practices. 

Focus on Core Activities: By outsourcing project management functions, you will be able to concentrate on your core activities and strategic initiatives. Free up your team by allowing our expert consultants to take charge and allow your internal teams to focus on what they do best. 

Flexibility and Agility: PPMaaS provides the flexibility to quickly adapt to evolving priorities. Millpond are able to swiftly allocate resources, change project priorities, and adjust strategies as needed, ensuring that projects stay on track even in dynamic environments. 

Enhanced Collaboration: With Cloud-based PPM tools the collaboration features will ensure real-time communication and cooperation among team members, regardless of their locations. This fosters better teamwork and knowledge sharing, leading to improved project outcomes. 

Risk Mitigation: Millpond’s experienced Consultants can identify and mitigate risks effectively. Our expertise in managing various projects equips us to foresee potential issues and implement strategies to minimize risks, ensuring project success. 

Improved Decision-Making: With our robust reporting and analytics tools, we can reveal insights and impacts through portfolio and projects reporting and dashboards. As a business, you will be able to make informed decisions, track project progress, identify bottlenecks, and optimize processes for better project outcomes. 

“By outsourcing project management functions, you’ll be able to focus on running your core business activities, while we ensure your projects are handled by experienced consultants using state-of-the-art tools and techniques.” 

Summing it up 

In summary, Portfolio and Project Management as a Service will enable your business to deliver successful projects more efficiently and effectively. You will be provided with a flexible, cost-effective way to manage your projects and portfolios. Not only will you have visibility of all initiatives aligned with your strategy and priorities, but collaboration will also be enhanced, and you will be provided with access to Millpond’s expertise.