Effectively prioritizing projects within a portfolio is essential for maximizing value and ensuring optimal resource allocation. The Real Options Calculator (ROC) provides advanced, yet intuitive, tools to help you manage multiple projects, track progress, and make data-driven funding decisions.

Managing Multiple Projects as a Portfolio

• Open and Save Portfolios:
  Work with several projects simultaneously by opening multiple .PRJ files and saving them as a single portfolio (.LPM). All related project files are managed together for seamless access and updates.

• Navigate Projects Easily:
  Switch between projects using the project tabs. Right-click a tab to reorder, add, or import projects as needed.

  

Tracking Progress and Results

• Monitor Project Advancement:
  As each project progresses, update the current step with actual results. Completed steps and excluded pathways are visually greyed out, and the progress line advances to the next time horizon.

• Update Step Outcomes:
  Edit project steps to reflect real-world outcomes. Mark results as “actual” to keep your portfolio status accurate and actionable.

  

Funding Decisions and WSJF-Based Prioritisation

• Checkpoint-Driven Funding:
  At each checkpoint—when a project step is completed or a new project is added—ROC evaluates all projects in the portfolio for funding readiness.

• Cost of Delay (CoD) Calculation:
  ROC uses Real Options Valuation to determine the Cost of Delay:

  $$\text{CostOfDelay} = ROV_{\text{WithoutDelay}} – ROV_{\text{WithDelay}}$$

  This feeds directly into the Weighted Shortest Job First (WSJF) metric.

• Allocate Budget Efficiently:
  Use the Allocate Budget WSJF feature to allocate limited (capital, engineers, etc.) to individual projects in such a way that the portfolio achieves the greatest possible value creation.

  

Key Benefits

• Objective, transparent prioritisation across all projects
• Real-time tracking and adjustment as projects evolve
• Maximized value creation through optimal resource allocation