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The best alternative to Microsoft Project for modern project management

Portfolio Manager is the only project management solution that uses the power of predictive scheduling to dynamically adapt to change and manage uncertainty.
From Team '23

Tempo Team

We’re often asked how Portfolio Manager compares to Microsoft Project. Which makes sense—after all, Microsoft Project was the go-to project management software for years. But times and the way we work have changed, and you need a project management tool that better fits your evolved needs.

Project management: Then and now

Just think: 15 years ago, the predominant project management method was using a tool that lived on one person’s computer—namely, the project manager. This person would create a project schedule, send the plan to the team, which they could access if they had the scheduling tool installed, and then attempt to keep the schedule updated by manually tracking and inputting updates.

We don’t have to tell you about the pain associated with this process, or about how impossible it is to keep the schedule truly up to date.

Turn the clock forward to today, and you’ll see a new landscape of project management tools—tools that have transformed a rigid, desktop-only project management environment to one that is collaborative, fluid and cloud-based.

Tempo Portfolio Manager: A Microsoft Project Alternative

We built Portfolio Manager based on the belief that teams work best when they organize tasks by priority, make best/worst case estimates, collaborate in one central location, and can rely on a predictive scheduling engine that dynamically updates whenever plan items change.

So how does a new-generation tool like Portfolio Manager compare to a traditional one like Microsoft Project?

In this article, we’re going to compare Portfolio Manager to Microsoft Project, more specifically, Microsoft Project Online with Project Pro for Office 365.

Building Schedules

Building and tracking project schedules was the bane of a project manager’s existence in the old world of manually creating and updating plans. Portfolio Manager provides easier access and the ability to make changes that are automatically reflected in the most current project schedule.

Portfolio Manager

Microsoft Project Pro for Office 365

Getting started:

Portfolio Manager provides a completely web-based solution to intuitively build powerful and predictive schedules.

With Project Online, you can build straightforward project schedules; however, if you want to manage deadlines, edit master project schedules, baseline or resource level, the PC client version of Microsoft Project needs to be installed.

Scheduling:

Once all the tasks are assigned estimates based on effort and best/worst case scenarios, the Portfolio Manager scheduling engine rolls up all that information and provides predictive finish dates for the entire project.

While Microsoft Project has a lot of powerful scheduling capabilities, these features can also overwhelm the novice user. Users can choose between ad hoc, pick-a-date manual scheduling and automatic scheduling where dates adjust based on tasks.

Resource leveling:

Portfolio Manager automatically resource levels the plan by looking at every team member’s priorities, task assignments and availability. Unfinished work is dynamically rescheduled so the project team always has an updated schedule. As each team member works on a task, the schedule adjusts across the entire project portfolio.

Task dependencies are added manually, and the project manager chooses between fixed duration, fixed work or fixed unit scheduling.

Managing uncertainty

Uncertainty is inherent in all projects. Being able to manage uncertainty effectively is the difference between leading a hair-on-fire reactive project and one where you can foresee incoming risk and act responsively.

LiquidPlanner

Microsoft Project Pro for Office 365

Estimating effort:

Portfolio Manager manages uncertainty by using ranged estimations based on best case/worst case scenarios.

Uncertainty is managed using a low and high effort estimate. Portfolio Manager will calculate an expected delivery date and provide a statistical likelihood of achieving given end dates.

Microsoft project offers a single-point estimate for work effort or task duration. The three-point PERT formula used to be supported as an add-in, but was removed with MS Project 2010. If you want to create a weight average duration estimate, you’ll need to create custom fields and formulas in the PC-based tool.

Managing risk:

Building schedules around estimates gives teams a plan based on the fact that projects are rife with uncertainty and unexpected risk. Which means, the schedule has those risks built in. One benefit is that project managers and team leaders can speak with confidence about project status and delivery dates rather than hoping the project will complete on time.

One technique to manage uncertainty is to add buffer tasks to the schedule which technically inflates the project duration. This technique works, but you’ll be manually adjusting the buffer which increases administrative burden.

Maintaining and updating schedules

A project schedule is worthless unless it’s kept up to date on a regular basis. If it updating the schedule becomes tedious (i.e., manual or a one-person job), the likelihood of keeping it updated plummets. Updating tasks should be a collaborative effort, and changes should be automatically reflected in the plan, in real time.

Portfolio Manager

Microsoft Project Pro for Office 365

Automatic updates:

Portfolio Manager's predictive scheduling dynamically updates in real time every time a change is made to a task or project item. For example, as team members work on tasks and update task progress, the schedule reflects the change at the task level all the way up to the project.

Before the task update is committed to the project schedule, the project manager needs to accept and commit each task update, and then “check-in” the final project schedule.

Managing schedule changes:

Since the project schedule and all of its details lives online, there’s no risk of important plan information getting lost on someone’s desktop. All plan information is integrated into the Portfolio Manager scheduling system. This makes it easy to update project information without having to collect task updates and then manually update the schedule.

Project managers can still download the schedule into the full MS Project PC-based software, but the online updates make managing the schedule easier.

Team access:

Since Portfolio Manager is completely web-based, team members can collaborate and make schedule updates regardless of their computer platform—or their location.

With Project Online, project teams can make schedule updates. For project managers focused on command and control, approving task updates before applying them to the schedule is a useful feature.

Project visibility

Generating meaningful visibility into project status and data shouldn’t be so hard. Team leaders, stakeholders and project managers need insight into data performance, and they want options on how they view and access that information. Smart dashboards and at-a-glance views should provide project managers with all the data they need to give updates, drive strategy and make meaningful decisions.

Portfolio Manager

Microsoft Project Pro for Office 365

Types of project views:

Portfolio Manager provides a multitude of views of the project plan that include: Timeline views of general schedule progress, Board View provides a Kanban-style view where teams manage tasks on cards, Dashboard lets you set up and access customized project data and status, Views into remaining work, workload data and more. All of this functionality is delivered seamlessly through a central online workspace.

Microsoft Project Online provides multiple views of your project data in an online environment. The PC version has many different views and tables to review schedule variance, resource commitments and project costs. If you want to build custom views, you’ll still want to view the schedule in the client-based tool.

Collaboration

Teams can’t work in silos anymore and be competitive. Plus, project teams are often working in multiple locations, and need a system that brings everyone together—whether they’re working in different time zones, or on different floors. Collaboration tools foster clear communication, pool brain power, and increase performance and productivity.

Portfolio Manager

Microsoft Project Pro for Office 365

Shared central location:

Collaboration is one of the main foundations of how projects are managed in Portfolio Manager, starting with a central and shared workspace. Portfolio Manager is a people-focused solution that allows each team member to provide task updates and share ownership in the plan. By collaborating on a common platform, each team member can be informed at all times on what’s needed, and take action.

Microsoft Project Online is built on access to Sharepoint. Team members need to check in their Microsoft Project files to make changes to the schedule and the resource pool. At first it may seem a little clunky, but project managers familiar with Sharepoint’s version management will eventually get the hang of it.

Collaboration features:

Features that support collaboration include: Slack integration Linking to files hosted on services like Google Docs, Dropbox & Box.

Microsoft Project delivers collaboration features through the Sharepoint front end. Project teams receive all of the collaboration features found in Sharepoint plus the Microsoft Project Online integration.

Resource leveling

Resource leveling is the one step that many project managers forget as they develop a project schedule. Too often, the pick-a-date approach is used to back into a project delivery date without accounting for resources and current task assignments. Ideally, you want a resource-driven scheduling engine that calculates the project plan based on team members’ availability and project costing.

Portfolio Manager

Microsoft Project O365 with Project Online

Resource-driven schedules:

Portfolio Manager provides an automatic and intelligent approach to resource leveling. By using priority-based scheduling across an integrated resource pool, it’s impossible to overbook a resource. Tasks and schedules dynamically adjust based on each team member’s availability and existing project commitments.

Microsoft Project provides resource leveling heuristics that can be applied for manual or automatic resource leveling. It’s often done after the project tasks have been sequenced and resources are assigned. With Project Online, resource managers can identify over-allocations and work with project managers to resolve resource problems.

Automatic resource leveling:

With Portfolio Manager, project teams need to set their availability and make decisions about task priorities—then, schedules are dynamically updated reflecting that availability.

It’s an acquired skill to make sure that the schedule is constraint-free, and that it dynamically changes based on progress. Novice project managers often avoid using the automatic resource leveling feature because it can unrealistically extend the end date if the predecessors are not correctly defined.

Application architecture

Understanding how a technology solution empowers project teams to be autonomous and take initiative is important for the team implementing the solution. Depending on the software solution, you may need additional software for each PC or additional servers to support analytical reporting.

Portfolio Manager

Microsoft Project O365 with Project Online

Ease of implementation:

Portfolio Manager is a single unified application, available online. All you need is an internet connection and a web browser and you can start working on projects. Project teams benefit from this solution because of the low overhead it takes to implement.

This Microsoft Project solution is a Sharepoint environment hosted in the Microsoft Cloud. Project teams can access the solution through the internet and start building standard schedules. If more advanced scheduling is required, the full Microsoft Project software application needs to be installed on the PC. Project reporting is delivered using Excel, and custom reports are usually part of a Microsoft Project consulting engagement. If project teams want additional analytics style reporting, teams will need a separate SQL Server instance installed in their data center.

The project management marketplace has a growing selection of tools to help teams do great work. Our goal is to continue to be the best collaborative PM tool in the market, and help teams deliver projects with a reliable and meaningful project schedule—and without a ton of administrative burden.

Go beyond classic project management and experience the power of predictive scheduling

Microsoft Project

Portfolio Manager

Predictive Scheduling

X

Y

Automatic Resource Leveling

X

Y

Priority-based Planning

X

Y

Ranged Estimation

X

Y

Integrated Learning Academy

X

Y

Task Management

Y

Y

Integrated Time-Tracking

X

Y

Alerts & Insights

X

Y

Portfolio Views

X

Y

Project Views

Y

Y

Availability Management

Y

Y

Dynamic Dashboards

X

Y

Timesheet Review & Exports

Y

Y

Unlimited Workspaces

X

Y

Real-Time Workload Views

Y

Y

Customizable Access Controls

X

Y

Change Tracking

X

Y

"I have been using Portfolio Manager for just over a year. I find it to be easier to use and provide more relevant data than Microsoft Project. I also enjoy the online access that all of the team members have; it makes it easy for everyone to be aware of the current status." - Portfolio Manager customer

"I tried a number of different tools - including Microsoft Project - and they all worked to some level but fell down on ease of use.It was difficult to keep a plan up to date. I had to manually move things around when tasks didn't come in on time, which was wasting a lot of time." - Portfolio Manager customer

Portfolio Manager has everything your team needs

Align your people, projects, and priorities, and ensure the right people are working on the right things at the right time.

Predictive scheduling

Forecast when work will be done with a predictive scheduling engine that dynamically adapts to change.

Ranged estimation

Capture uncertainty through estimation that empowers you with best-case & worst-case predictions.

Dashboard insights

Leverage data-driven insights to improve performance and support key decisions in your portfolio.

Automatic resource leveling

Automatically levels workload for your team across multiple projects and dependencies.

Priority-based planning

Move your tasks from one status to the next while keeping priorities aligned across all projects.

Academy

Learn everything you need to know to efficiently take your project to the next level with our hands-on lessons.

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