The Excel Portfolio Management Dashboard is a pre-built template that helps you manage multiple projects in one central location. From tracking project timelines and budgets to monitoring risks and resource allocation, this dashboard covers all the essential aspects of project management. It is mainly designed to save time, and a dashboard reduces manual work.

Features Of The Excel Portfolio Management Dashboard Template

1. Delivery Roadmap: The delivery roadmap provides you with the project journey by tracking the project timelines. Each project has different colours to make the difference between the multiple projects. You can update the timeline for each project in the Data Tab, which will be reflected in the dashboard.

2. Project Health Card:  The project health card covers key project parameters –

• Schedule
• Budget
• Resources
• Risks
• Issues
• Comments

Using a simple traffic light system with green, amber, and red, you can quickly see which projects are on track and which ones need immediate attention. When the data is more than 2, the Color will be red, and if it is less than or equal to 2, you will see the colour reflected as amber. The data that is less than or equal to 1 will be green.

3. Project Financials: The Project Financials section shows the Planned Budget, Actual Budget, and Remaining Budget for each project. All you need to do is update the data in the Data Tab, and the dashboard will do the rest. It's a simple yet effective way to ensure your projects stay on budget. It is a graphical visual in our template, helping you to understand in a graph form symbolizing in colours of bars:

• Green Bar is for Budget Planned
• Blue is the Budget Actual
• Ambir is for the Budget Remaining

4. Resource Allocation: The Resource Allocation feature shows how many resources are assigned to each project, giving you a clear picture of your team's workload. Update the data as needed to ensure a balanced distribution of resources. The dashboard provides a pie chart showing the number of head counts for each project.

5. Portfolio Risk Meter: The Portfolio Risk Meter categorises risks into High, Medium, and Low Severity levels, helping you prioritise and address them effectively. As with other features, you just need to update the Data Tab. It will be reflected in the dashboard as a Pie chart indicating high, medium and low risks.

How To Use Excel Portfolio Management Dashboard Template?

Getting started with the Excel Portfolio Management Dashboard is straightforward. Here's a step-by-step guide:

1. Update The Delivery Roadmap: Whether you are assigning timelines to individual projects or setting a milestone for each project, go to the Data Tab and make each project distinct by setting a unique colour scheme for easy identification.

2. Review The Project Health Card:  Make sure you evaluate each project's budget, timeline, and risk without bias. To determine the status of the area of concentration, make sure you adhere to the traffic light system.

3. Input Financial Data: Keeping track of the planned, actual, and remaining budgets in the Data Tab, this will help monitor expenditure and prevent going over budget. This will assist in accomplishing the stated goal.

4. Manage Resource Allocation: Establish a system of routine tracking against the quantity of resources allotted to each of the projects shown in the Data Tab in order to balance learner loads.

5. Monitor Risks: Prioritize handling high-level risks to avoid project delays. This can be resolved by assigning them a severity rating of high, medium, or low and updating the Data Tab.

6. Track Additional Details: Maintain a record of directories, open issues, outstanding change requests, and due action items. Effective project planning will be possible if this data is kept structured.

Benefits Of Using Portfolio Management Dashboard Template

This is not just a dashboard. It changes the way in which you work on myriad projects. Here's how:

1. Gains Time: Automated systems, such as Delivery Roadmap and Risk Meter, reduce manual work so you can concentrate on what is really important to you.

2. Data Is Separated: No more having to sort through numerous different spreadsheets; everything is stored in one central location.

3. Simple Representation: The graphics and charts are so simple that one can immediately comprehend the information regarding the details of the projects.

4. Enhanced Strategic Planning: Receiving information in a timely manner ensures that you are always in possession of data, which will positively influence the decision-making process.

5. Improved Communications Within The Team: Give your team access to the dashboard so that each member is up to date about the project's progress and issues.

Conclusion

The Excel Portfolio Management Dashboard is more than just a spreadsheet it's your partner in simplifying project management. With features like the Delivery Roadmap, Health Card, and Risk Meter, it gives you a clear, organized view of all your projects. By centralising your project data and automating updates, this dashboard saves time, reduces stress, and helps you focus on what matters: delivering successful projects.