Elbit Systems Ltd.
SYSTEM AND METHOD FOR MANAGEMENT OF PROJECT PORTFOLIOS

Abstract:

A system for management of one or more projects developed by a one or more teams, each project of the projects spans over a plurality of consecutive time-periods, and having a plurality of milestones, each milestone having a milestone due-date, the system comprising a processing resource configured to perform the following for at least one given project of the projects: obtain information of a plurality of features required for completion of the given project, wherein each feature of the features (a) is associated with a functionality that delivers business value to a client of the given project, (b) has a feature size, the feature size being indicative of a complexity of the feature, (c) is associated with a given team of the teams; and (d) is associated with a given milestone of the milestones of the given project, so that a feature completion date of the feature affects an ability to meet the milestone due-date of the given milestone; determine, for each of the features, a feature completion date, based on the feature size, and a velocity of the given team, wherein the velocity is indicative of the given team's capacity, and wherein the velocity is determined based on past performance of the given team; and generate one or more project execution plans, defining an order of execution of the features, for the at least one given project based on the feature completion dates.