If you have the appropriate module access, you can display a waterline on a scorecard view on the Portfolio Analysis and Capacity Planning pages in the Portfolios section to help analyze a project group and model your strategy. After you display a waterline, you can quickly create a new portfolio containing the projects that meet your waterline criteria.
To display a waterline
- Open the project group you want to work with in the Portfolios section.
- Click
on the Portfolios toolbar to display the Portfolio Analysis page, or click
on the Portfolios toolbar to display the Capacity Planning page.
Tip: If you want to display a waterline to aid you when comparing project groups, choose the Portfolio Analysis page. If you want to display a waterline to aid you when analyzing role allocation for a project group, use the Capacity Planning page.
- On the Portfolio Analysis page, from the View list in either section of the page, select a scorecard view.
On the Capacity Planning page, the page automatically displays a scorecard view, so no action is required.
- On the Portfolio Analysis page, click
.
On the Capacity Planning page, click Customize, then select the Waterline tab.
- Mark the Display waterline on scorecard checkbox.
- In the Waterline level section, specify the constraint limit you want to
apply to the projects listed in the scorecard. In the Parameter drop-down
list, select any numeric, project-level field. Next, select an operator from
the Is drop-down list, then type a numeric value in the Value field.
For example, if you only have a total of $1,000,000 to allocate for all projects for a particular portfolio, you may want to specify a constraint limit to represent this limited budget amount. To do so, define a constraint limit as follows:
Current Budget is less than or equals 1,000,000.
- In the Sort by section, in the First rank by drop-down list, specify the
field you want to use to sort projects in the scorecard. From the Sort Order
drop-down list, select whether projects are sorted in either ascending or
descending order. Along with the constraint limit you defined, your sort
by and sort order selections determine which projects fall above and
below the waterline.
For example, to help determine which projects you want to include in the $1,000,000 current budget you defined as the constraint limit, you may want to rank projects by strategic priority. To do so, select Strategic Priority from the First Rank by drop-down list. To include projects with the highest priority first, select an ascending sort order.
When displayed in the scorecard view, the waterline creates a forced ranked list of projects with the highest strategic priority that would fit within your $1,000,000 budget.
- Use the Then rank by drop-down list to specify a secondary sort by field, if necessary; this field is used to sort projects in the scorecard that have the same value for the field selected as the First rank by sort option. Next, specify either an ascending or descending sort order for this field.
- To save any waterline options for the scorecard, click
. To remove waterline options from the scorecard, click
. If you save the waterline options, you must customize the scorecard to remove them.
Tip: You can also specify waterline options when you customize a scorecard view on the Portfolio Analysis page. To customize a scorecard view, click More, then click Customize and select the Waterline tab.
Create a new portfolio from waterline results
To create a new portfolio containing the projects that meet your waterline criteria, click above the scorecard. On the Create Portfolio page, the Selected Projects section is automatically populated with the projects that meet your waterline criteria. Enter a name for the portfolio and set portfolio options. When you are finished, click Save to save the portfolio and return to the Portfolio Analysis or Capacity Planning page.
For detailed instructions on creating a portfolio, see Create, modify, or delete portfolios.