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Forecast Portfolios 🌥️ are a fantastic new feature of Portfolio Forecaster, designed to boost planning and visibility across teams while keeping each team's forecasts accurate and reliable. This feature lets users view multiple team forecasts in one neat and easy-to-understand portfolio format. Plus, it keeps all the unique details of each team's data intact, so no important information gets lost along the way

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Key Features of Forecast Portfolios:

  • Accuracy Without Compromise: Each team's forecast remains in its original form, allowing users to trust these forecasts for reliable insights. This accuracy is key for making informed decisions and helping stakeholders choose wisely based on precise data.

  • Enhanced Visibility: With Forecast Portfolios, stakeholders get a comprehensive view of progress across different teams. This clarity promotes better communication and understanding of where each team is in relation to their goals.

  • Time-Saving Simplicity: Setting up and sharing these portfolios is a breeze, making cross-team collaboration smooth and efficient. The user-friendly design lets teams focus on their work instead of getting tangled in complicated processes.

  • Customisable Views: Users can filter the portfolio to suit their preferences, highlighting the most relevant work. This customisation ensures that everyone can focus on what matters most to them and their specific objectives.

Who Can Utilise This Feature?

Forecast Portfolios provide significant benefits to various roles within an organisation. Directors and Program Managers can effectively align resources and strategies across teams to enhance efficiency. C-level Executives gain a comprehensive overview of organisational progress and performance, which is essential for strategic planning and resource allocation. Last but not least, Team Leads can transparently communicate their team's contributions while ensuring data integrity and fostering trust and collaboration among teams.

How to Create A Forecast Portfolio?

To create a Forecast Portfolio in Portfolio Forecaster, follow these steps:

  1. Create Group Forecasts: Before you can create a Forecast Portfolio, ensure you have at least two Group Forecasts. You can create a new Group Forecast by selecting "Create New" from the Home Page or "Add New" from the Navigation Bar in Portfolio Forecaster.

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  2. Create New Portfolio: Once you have your Group Forecasts ready, you can create a Forecast Portfolio by selecting Create New Portfolio from the Forecast Portfolios page. Choose a unique name, the Group Forecasts you want to include and select Submit when you’re done!

  3. Select the Forecast Portfolio you just created and you’ll be presented with all your Group Forecasts rolled into one!

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By following these steps, you can effectively create and manage a Forecast Portfolio, providing enhanced visibility and collaboration across teams without compromising the accuracy of individual forecasts.

TLDR (wink) Forecast Portfolios offer a smarter, more effective way to align teams and plan across different groups within an organisation. By simplifying the tracking process and ensuring accuracy, these portfolios empower organisations to tackle complexity with confidence and position themselves for success in their respective fields.

Please feel free to contact us through our Support Portal or at support@55degrees.se if you experience any issues. We’d love to hear your feature requests through our Roadmap!

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