PPM Solutions: May 2006

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PPM Solutions: May 2006
Projects@Work (May 11, 2006)

A wide variety of technology solutions are available to help organizations of all sizes and industries launch, customize and refine their project portfolio management efforts. Here's our spring roundup of new releases, major upgrades and the latest reviews from technology analysts.

By now your organization probably knows that project portfolio management (PPM) is about aligning projects with business strategy to improve performance and value. But that general definition belies the variety of ways that PPM is implemented and executed — nevermind the uncertain success rates. Yes, both hard and anecdotal evidence suggests that the potential value of PPM is too often lost in route from definition to execution. The actual practice of PPM depends on a multitude of factors, including an organization’s grip on its business goals, resources and culture. And PPM success or failure will be determined by how well the system and practices it implements acknowledge, constructively address and ultimately improve those project-impacting realites, from top to bottom and across the enterprise.

To that end, there are a wide variety of technology solutions to help organizations of all sizes and industries launch, customize and refine their PPM efforts. Here is our Spring 2006 roundup of what’s happening in the fast-growing world of PPM tools, including, where applicable, the latest insight and opinion from leading IT analysts.

3 Olive Solutions

Designed for small and mid-sized organizations or departments within larger companies (such as project management offices), 3 Olive's Portfolio Intelligence application is an affordable, easy-to-implement PPM solution that enables executives and managers to organize, control and make better project decisions, resulting in higher business value, better resource utilization and lower costs.

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September 2010:

What are the main reasons that projects fall behind schedule?