Knowledge

Maestro Advances Project Management with Tailored Platform Features Uniquely Built for Private Equity

09/24/2024

Today’s modern organizations are no strangers to project management platforms. Most have deployed at least one of the popular solutions to centralize task management, assign responsibilities, and track progress against objectives. The generic platforms widely used today are certainly suitable for and can serve the purposes of many types of businesses. 

However, in the demanding private equity environment where the pressure to deliver returns and accelerate growth within tight timeframes is always prevalent, the approach to project management must be more nuanced, detailed, and holistic. In addition to basic activity tracking, PE project management must also be aligned with the broader value creation plan and must be executed in a manner that provides all stakeholders with the oversight and visibility they expect and demand. PE professionals at all levels need purpose-built tools, not generic solutions, to optimize project management and meet investment goals across their respective portfolios. 

Project Management Designed for PE

With all this in mind, Maestro offers advanced project management features and capabilities available within its value creation platform tailored to meet the unique and discerning needs of the PE community. PE professionals and portfolio management teams can now use Maestro’s robust and comprehensive suite of project management capabilities to build, execute, and report on initiatives and projects while maintaining connectivity to the overriding value creation strategy. 

Maestro offers the core functionality found within other PM platforms such as the ability to create detailed actions and work streams at all levels, configure dashboards by user or function, set dynamic project timelines, and build as many subtasks and dependencies as desired with increased flexibility and no limitations.  

However, unlike typical platforms in the marketplace today, Maestro users can roll up multiple projects to access a singular cross-portfolio analysis, create dashboards and templates and visualize data with embedded Microsoft BI functionality, leverage dedicated KPI modules to measure project impact and effectiveness, and easily export reports for printing or presenting. 

Next-Level PM Capabilities for All PE Teams

By combining project management features and capabilities with the strategic value creation layer, all stakeholders can track the milestones and metrics that matter most and monitor progress with as much or as little detail and granularity as desired. Users at all levels can have a view of individual project activity as well as higher-level insights that reveal how the outcomes of those projects may have impacted the strategic plan and contributed to realizing the investment thesis. 

Maestro will continue to integrate with most of the widely used PM solutions like Asana and Monday, making it easy for sponsors and portfolio companies to continue using the platforms to which they have become accustomed. However, the advanced project management features within Maestro preclude the need for users to bounce between platforms or transfer data from one to the next, allowing all stakeholders to view, manage, and track all value creation project activity in one, centralized, easily accessible platform. 

Click here to schedule a demo and experience Maestro’s project management capabilities firsthand.

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