Overview : Focal Point overview
  
Focal Point overview
Focal Point is a comprehensive portfolio planning solution for market-driven teams. With Focal Point, teams can make collaborative, objective decisions to deliver market, customer, and business value. By understanding what matters most, your organization can respond to dynamic market conditions and deliver valued products and projects.
Focal Point reduces the chaos of managing information in emails, documents, and spreadsheets by providing a collaborative environment for centralizing requirements, products, and project data.
You can use the prioritization and visualization capabilities for these purposes:
to maximize customer value in relation to development costs
to make better decisions faster
to plan and monitor activity.
Focal Point also provides the capabilities to balance resources, budgets, time to market, and business value. By modeling financial and market impacts and analyzing scenarios, statistics, and financials, you can reduce risk and improve cost estimations of investments.
To ensure that enterprise architecture and project plans align with financial and market needs, you can integrate plans with portfolio management. By using predefined configurations that are based on best practices, you can realize the benefits of product and portfolio management and reduce the cost of implementations.
Preconfigured workspace templates
Focal Point includes the following preconfigured workspace templates. While setting up a workspace, you have the option to create a workspace by using any of these templates and customize the workspace according to your requirements.
Note The help topics on the Focal Point preconfigured workspace templates are not updated for this version of Focal Point.
Product portfolio management workspace: Use this workspace to manage your product portfolio. See Setting up the product portfolio management workspace.
Product management workspace: Use this workspace to manage your products. See Setting up the product management workspace.
IT portfolio management workspace: Use this workspace template to manage your IT portfolio. See Setting up the IT portfolio management workspace.
Application portfolio management workspace: Use this workspace to manage your application portfolio. See Setting up the application portfolio management workspace.