DecisionIris provides a clear integrated view of the research and development pipeline and the resources applied to it.

There is visibility into all aspects of the process and adjustments can be confidently made to maximize the value of the entire portfolio.

Challenges in R&D Project Portfolio Management

Managing R&D projects across a company portfolio is a challenge in the best of circumstances. The data needed to make decisions can be difficult to gather & align; there are many stakeholders each with different points of view and it can be a struggle to align strategic goals with operational realities.

Labor Intensive Process

Preparing to review project portfolio information currently requires intensive manual labor - searching for the right data, repurposing or reformatting it, analyzing the data. Bottlenecks can occur in the back and forth between report writing and new requests.

The current tools are difficult to use and do not provide ready access to the information by the business user asking the questions. The result — analysis is slow and actions are delayed.

Dcore PPMperformance phases

Difficult and Error Prone Communications

Communications issues are another source of potential problems. Because the data is created in specialized systems which generate reports specific to each system, the information is presented differently from each source. Financial data from one system may not match financial information from another, leading to confusion about what the data means. It becomes a challenge to get everyone on the same page looking at and understanding the information in the same way.

Strategic and Operational Alignment is Compromised

Pharmaceutical portfolio managers are managing where the scope of the decisions is broad and high value, the data is multidimensional and complex, and the time frames are very long. It’s no wonder that reviews are done infrequently and the alignment of strategy with operations is often inhibited.

DecisionIris – The Interactive Visual Analysis Solution

Over a decade of experience advising the pharmaceutical industry, went into this solution:

Visual i|o’s DecisionIris for project portfolio analysis, helps you meet your R&D portfolio management challenges:

  • Eliminates manual labor – Connecting directly to existing transactional, BI or other data infrastructure across your organization, the data is up to date and analysis ready.
  • Smooths communications – Provides a common view of the data so that everyone is on the same page.
  • can be traced from a very high level roll up view to the granular detail of a particular task.

For more information, please download our datasheet.