What is FOLIO?FOLIO is a project and portfolio management add-on, that is anchored in many PMI concepts. It is meant to be used to: - Keep track of financial aspects (budget and actual costs) of projects
- Provide metrics indicating the overall health of projects: the Earned-Value Management metrics
- Provide forecasts on the lifetime of projects
- Get an overview of portfolios, or collection of projects
- Provide as much insight as possible over collected information with highly customizable reports
Key conceptsNow let's explain the most important terms you will encounter using FOLIO. Folio, FOLIO's projectAt the center of FOLIO is... the Folio! A Folio is simply a Project, in the usual meaning of Project Management: | Panel |
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Project management is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. Source: Wikipedia |
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