Your Investment & Business Network Has Everything You Need to Stay Informed and Make Informed Decisions.
⎯ 《 Yibn • Com 》

Planforge Extends SAFe® Support to Lean Portfolio & OKRs with Version 23

2023-10-10 15:23
GRAZ, Austria--(BUSINESS WIRE)--Oct 10, 2023--
Planforge Extends SAFe® Support to Lean Portfolio & OKRs with Version 23

GRAZ, Austria--(BUSINESS WIRE)--Oct 10, 2023--

Agile transformation can create unwanted information silos if different parts of an organization transform independently. Hybrid project and portfolio management solutions, such as Planforge (formerly ONEPOINT Projects), facilitate this transition by integrating scaled agile structures into traditional and hybrid portfolios. The new release of Planforge hence introduces support for SAFe Portfolio and adds Objectives and Key Results (OKRs) to its strategic management component.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231010586942/en/

Portfolio Kanban Board in Planforge (Graphic: Business Wire)

Support for SAFe Lean Portfolio

"SAFe Portfolio allows to maximize value creation across multiple Agile Release Trains (ARTs) and value streams," said Gerald Aquila, founder and CEO of Planforge. "The cornerstone of this new workflow in Planforge 23 is the Portfolio Kanban Board, which enables our customers to visualize, implement, and manage Portfolio Epics."

In addition to drag & drop functionality, the new Portfolio Kanban in Planforge provides explicit Work in Progress (WIP) limits for epics statuses, such as the Ready status.

Moreover, Planforge 23 simplifies the implementation of Epics through built-in support for backlog prioritization based on Weighted Shortest Job First (WSJF). WSJF allows organizations to identify those Epics that deliver the highest business value in relation to the time invested.

Portfolio Strategy with OKRs

As Objectives and Key Results (OKRs) are now an essential part of SAFe in version 6, Planforge is introducing OKRs as an evolutionary improvement to its Strategic Management Option (SMO). The SMO is an additional module that helps align strategy and execution by linking strategic objectives and initiatives — now key results — to ongoing projects, programs, and ARTs.

To support Lean Portfolio, Planforge 23 now allows users to plan strategies not only at organizational level but also at portfolio level. By connecting key results directly to Portfolio Epics, Planforge ensures that work being done contributes to broader strategic objectives and enables effective decision-making through increased transparency.

Portfolio Risk Management

Due to the current volatile political and economic environment, organizations of all sizes are improving their risk management. To optimize decision-making in uncertain times, the latest release of Planforge now also includes a new tabular "Risks" overview at portfolio level, automatically summarizing critical risk-based KPIs per project.

Availability

Version 23 is now available at www.planforge.io. Planforge is free for up to four users. Larger teams can test the hybrid PPM software in a free trial for 30 days. For more information or to test integrations with Jira or SAP, please contact the Planforge sales team at info@planforge.io.

About Planforge

Planforge is a leading provider of hybrid program and portfolio management software. By integrating cross-functional processes from Jira and enterprise agile planning (SAFe) to resource management, the web-based PPM solution closes the gaps between information silos. Planforge empowers your organization to adapt to changing environments faster, turn strategy into action, and make better value-based decisions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20231010586942/en/

CONTACT: Planforge GmbH

Kerstin Gaar

press@planforge.io

www.planforge.io

KEYWORD: AUSTRIA EUROPE

INDUSTRY KEYWORD: SOFTWARE DATA ANALYTICS DATA MANAGEMENT SMALL BUSINESS PROFESSIONAL SERVICES TECHNOLOGY SECURITY BUSINESS

SOURCE: Planforge

Copyright Business Wire 2023.

PUB: 10/10/2023 03:00 AM/DISC: 10/10/2023 03:03 AM

http://www.businesswire.com/news/home/20231010586942/en