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Product Portfolio Management, Project Portfolio Management, Strategic Planning

Pareto Charts with Enrich Analytics – Enrich Consulting

Published By Dr. Richard Sonnenblick

We’ve offered Pareto charts within both Viewport and the Enrich Analytics Platform for some time now, but haven’t had a chance to pull together a video overview until recently. Clients who build Pareto charts regularly in Excel love the option to build them, with one click, inside Enrich.

Pareto charts are very useful for understanding the distribution of cost and value across your project portfolio. With a Pareto chart you can instantly see whether a few behemoth projects dominate your portfolio, or whether you are experiencing death by a thousand cuts from dozens or hundreds of small projects. Building a portfolio in alignment with strategy requires discipline and focus, and a Pareto chart (or two) can help you see exactly where your ability to focus may be at risk.

At Enrich, we have deep experience helping companies benefit from portfolio management at every level of maturity. From startups with developing patent portfolios to the largest life science companies on the planet, we’ve deployed processes and tools that help them all make better investment decisions. If you’re interested in learning how our tools (Viewport and the Enrich Analytics Platform) can help you level-up on your portfolio management process, drop us a line.

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Written by Dr. Richard Sonnenblick Chief Data Scientist

Dr. Sonnenblick, Planview’s Chief Data Scientist, holds years of experience working with some of the largest pharmaceutical and life sciences companies in the world. Through this in-depth study and application, he has successfully formulated insightful prioritization and portfolio review processes, scoring systems, and financial valuation and forecasting methods for enhancing both product forecasting and portfolio analysis. Dr. Sonnenblick holds a Ph.D. and MS from Carnegie Mellon University in Engineering and Public Policy and a BA in Physics from the University of California, Santa Cruz.