How to create a Project in the PPM module?

Profit.co provides an option for users to create project in the project portfolio module.

Why this feature?

• Streamline project creation by defining clear objectives, timelines, and milestones, ensuring all stakeholders are aligned and the project is set up for success from the start.
• Break down projects into manageable tasks and milestones, making it easier to track progress, assign ownership, and ensure timely completion of project goals.

Step 1

This step involves defining the project’s objectives, scope, timelines, and milestones. It lays the groundwork by formalizing ideas into actionable plans, ensuring alignment among stakeholders.

To create a project, navigate to Portfolios and Projects → All Projects from the left navigation panel and click the + Create Project button.

Step 2

In the Create Project side panel, provide details such as the project name, code, timeline, and status, and select the portfolio under which the project will be managed. Choose the billing type (e.g., Billable), enter the project budget, and fill in the closure information.

Once all relevant details are entered, click on the Create button.

Step 3

Click on the project you just created and scroll down to the Milestones section. Then, click the + Create button.

Enter the milestone name, milestone code, owner, description, and the start and end dates. After filling in the necessary details, click the Create button.

Step 4

Next, to create a task, click on the milestone you just created. Then, click the + Create Task button.

Enter your task name, set the owner, define the start and end dates, add tags, and select the status. Once done, click the Save button.

Note:

You can set a specific progress percentage for each task statuses in settings. The milestone progress percentage will automatically update based on the statuses of the tasks.

For example, if I set 30% for the "Scheduled" status and a task is marked as "Scheduled," then the milestone progress will automatically update to 30%.

Step 5:

You can also create a Sub Projects in the project overview page.

Note:

Start Date and End Date are now shown as separate columns for Milestones and Sub-Projects. You can also sort by these dates for easier tracking.