How Meliá Hotels consolidated their Projects portfolio with Projectrak

1. Jira Project Name: The designated name given to a project within the Jira project management system.
2. Product Owner: The individual responsible for defining and prioritizing the product backlog and representing the customer's interests throughout development.
3. Jira Project Lead: The person who oversees the management and administration of the Jira project.
4. Project Manager / Scrum Master: This individual is responsible for overall project management and ensures that tasks are completed on time and within budget. In Agile frameworks like Scrum, the Scrum Master facilitates the team's progress and adherence to Agile practices.
5. Project Status: A brief summary indicating the current state or progress of the project.
6. Jira Project Key: A unique identifier assigned to a project in Jira, often abbreviated for easy reference.
7. Project Description: A concise overview outlining the project's goals, scope, and objectives.
8. Area Sponsor: A stakeholder or entity providing support and resources for a specific aspect or domain of the project.
9. Project Sponsors (People): Individuals or groups that provide financial backing, resources, or advocacy for the project.
10. Customer: The entity or individual for whom the project is being undertaken, often the end-user or beneficiary of the project's deliverables.
11. Project Motivation: The driving force or rationale behind initiating the project.
12. Funding (E.g., Investment): Financial resources allocated for the project's execution, including investments made to achieve specific outcomes.
13. URL in Jira: A web address or link associated with the project within the Jira platform, providing additional context or resources.
14. Automatic Project Code: A system-generated code or identifier assigned to the project for tracking and organizational purposes.
15. Initial Budget: The estimated financial resources allocated to initiate and execute the project at its outset.
16. Real Budget: The actual financial resources expended or allocated for the project's execution, providing a snapshot of the project's financial status.
17. Committed Budget: The portion of the budget that has been allocated or earmarked for specific project activities or expenditures.
18. Available Budget: The remaining funds or financial resources that are accessible for project use after accounting for committed expenses.
19. Forecast for the Next Few Years: Projected outcomes, milestones, or financial projections for the upcoming years based on current data and trends.
20. Annual ROI (Return on Investment): The measure of profitability or value gained from the project relative to its costs, calculated annually.
21. ROI Justification: The rationale or analysis supporting the project's expected return on investment, outlining the benefits and outcomes expected to be achieved relative to the costs incurred.

And this is what a gadget that shows a specific group of projects in the portfolio looks like:

On another level, each manager and stakeholder has a dashboard where they can overview the tracking of projects using BigGantt and the project information with Projectrak.

Finally, they have implemented Rich Filters to control the work, using parameters defined in the project.