Accurate reporting of actual project results is essential for effective portfolio management and informed decision-making. The Real Options Calculator (ROC) provides intuitive features to help you track progress, update outcomes, and ensure your portfolio reflects real-world developments.

Tracking Project Progress

• Update Step Results:
  As your project advances, record the actual outcome for each completed step.

  • Left-click on a project step to open its parameters.
  • Set the “Is actual result” field to Yes for the outcome that has been realized.

• Visual Feedback:
  Completed steps and excluded pathways are automatically greyed out, and the progress line advances to the next time horizon, providing a clear visual representation of project status.

  

Keeping Your Portfolio Current

• Real-Time Portfolio Updates:
  All changes to individual projects are immediately reflected in the portfolio view, ensuring that your data is always up to date.
• Checkpoint Reviews:
  At each checkpoint (when a step is completed or a new project is added), ROC prompts you to review and confirm actual results before proceeding with funding or prioritisation decisions.

Benefits of Accurate Reporting

• Objective Decision-Making:
  Funding and prioritisation are always based on the latest, most accurate information.
• Transparency:
  All stakeholders have a clear, up-to-date view of project status and portfolio performance.
• Enhanced Trust:
  Consistent and accurate reporting fosters trust among stakeholders, as decisions are based on reliable data.

Conclusion

By diligently reporting actuals and keeping your portfolio updated, you leverage the full power of the Real Options Calculator. This practice not only enhances your decision-making capabilities but also ensures that your portfolio remains aligned with strategic objectives and real-world developments.