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What is the best tool for product based planning?

Updated: 9/16/2023
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MikeJohansson

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βˆ™ 14y ago

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Probably the best tool supporting product based planning technique (PRINCE2 technique) is P2ware Planner, http://www.p2ware.com. It supports * Product Breakdown Structure (PBS) * Product Flow Diagram (PFD) * automatic generation of PFD based on PBS * all changes are reflected on other diagrams (Gantt chart, network diagram) See related links.

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Q: What is the best tool for product based planning?
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What software for product based planning?

The best tool for product based planning is P2ware Planner Suite. P2ware Planner Suite - is a set of very effective tools to plan and manage projects and programs, exploiting advantages of product based planning: * P2ware Planner Standard * P2ware Planner Professional * P2ware Planner Developer * P2ware Planner Server * P2ware Planner Viewer With these tools you can do all the planning tasks, for which you currently need many incompatible software tools, this is to say: * Precisely define and describe a final product of the project * Define in a systematic way products that are part of the final product or are needed to develop other products * Write product descriptions, so that there will be no doubt what needs do they serve and what are their acceptance criteria * Arrange them in an order they should be produced or delivered, taking into account the fact that many of them can be produced in parallel * Choose tasks and activities needed to develop or acquire individual products according to capabilities and limitations imposed on a duration and costs of the project * Generate a coherent and logical activity network * Assign resources needed to implement actions and compensate their burden * Print plan in accordance with accepted business standards * Save prepared plans or their parts for use in other projects, thus cutting their preparation time as much as 90% * Publish plans on the server so that they will be accessed by web browsers and automatically synchronized with other plans and after the approval of the plan: * Control plans implementation by passing team managers carefully defined work packages and managing quality, risk and issues * Collect checkpoint reports from team managers via Internet/Intranet * Effectively monitor current state of various products and activities, usage of resources and their costs * Quickly and easy generate reports on a project progress, tailored to the requirements of company chief executives and individual members of the project management team For more visit www.p2ware.com


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What advantages and disadvantages of BCG matrix?

The BCG matrix is a popular business tool that helps companies analyze their product portfolio and make strategic decisions. The matrix categorizes products into four categories: Stars, Cash Cows, Question Marks, and Dogs, based on their market share and market growth rate. Each category has its own advantages and disadvantages: Advantages of BCG matrix: 1. Provides a clear picture of the company's product portfolio: The matrix helps companies understand their product mix and identify which products are profitable and which ones are not. 2. Helps in resource allocation: The matrix helps companies determine how to allocate resources to different products, based on their growth potential and profitability. 3. Easy to understand: The BCG matrix is a simple and easy-to-understand tool that does not require specialized training to use. Disadvantages of BCG matrix: 1. Limited perspective: The BCG matrix only considers two factors – market share and market growth – and does not take into account other important factors such as the competitive landscape or technological advancements. 2. Oversimplification: The matrix oversimplifies the complexities of the business environment, and may not be applicable to all industries. 3. Focuses on the short term: The matrix focuses on short-term profitability, and does not consider the long-term potential of a product. In conclusion, the BCG matrix is a useful tool for companies to analyze their product portfolio and make strategic decisions. However, it should be used in conjunction with other business tools and strategies to ensure a comprehensive and accurate analysis of the business environment. By : 1solutions.biz

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