Software Spotlight: Site Portfolio Tool Gets a Significant Update
The Site Portfolio Tool from Independent Project Analysis (IPA) provides users with a robust kit of cost and schedule competitiveness and predictability KPIs for site and sustaining capex projects under US$20 million. Powered by IPA’s unmatched capital projects database, the Site Portfolio Tool enables real-time tracking of site and sustaining capital portfolio performance, trends analysis, and informed decision-making. Coming soon in early 2025, users will get a new and improved version of the Site Portfolio Tool when it relaunches on the all-new IPA Platform!
New Cost Gap Analysis Metrics
The newly added cost metrics enable Site Portfolio Tool users to compare estimates to industry norms on a much more granular level. Users get a quick and definitive comparison of a given project’s cost per phase for all key summary cost categories, from total cost down to detailed engineering, project management, direct and indirect labor, and more. Seeing how your project portfolio stacks up against real industry norms simplifies the identification of risks and opportunities.
New Estimate and Schedule Progression Reports
New reports available in the Site Portfolio Tool provide a clear visualization of how your cost and schedule progression looks as your project moves through the life cycle, and make it easy to identify project performance patterns.
Improved User Interface
IPA’s software team has redesigned all Site Portfolio Tool charts, tables, and metrics to provide better clarity. The new and improved Project Outlook page shows more cost and schedule data and insights than ever before to inform data-driven decision making.
Site Portfolio Tool and the IPA Platform
The Site Portfolio Tool is just one of five applications available on the new IPA Platform, along with CEC Validator, FEL Toolbox, TrueCost, and the Project Data Portal. The IPA Platform enables users to log in to all licensed IPA applications with just one username and password, while also streamlining user setup and permissions management. From a development perspective, the IPA Platform enables IPA to rapidly deploy future updates across all applications, makes integration between the applications possible, and much more.
For Current Site Portfolio Tool Users
The Site Portfolio Tool and all corresponding data will migrate to the new IPA Platform in the coming weeks.
When the Site Portfolio Tool launches on the IPA Platform, all usernames will remain the same and all passwords will default to your IPA Project Data Portal password. Users who do not have a Project Data Portal password will need to create a new password upon their first time logging in to the Site Portfolio Tool on the new IPA Platform.
Users do not need to worry about updating their browser bookmarks to the new IPA Platform URL (platform.ipaglobal.com). When the Site Portfolio Tool is made available on the IPA Platform, the application’s URL will automatically redirect to the new IPA Platform URL.
More details will be shared with Site Portfolio Tool users directly before the application moves to the IPA Platform.
Request More Info
Looking to improve your site and sustaining capital project system? Complete the form below to request more information on the Site Portfolio Tool.