Opportunity Knocking

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Opportunity Knocking
Kathleen Ryan O'Connor (March 23, 2009)

The massive stimulus package has the project portfolio management community thinking big, with leading PPM software providers poised for their own economic bump as they demonstrate how their solutions can maximize taxpayer dollars.

When President Barack Obama signed into law the unprecedented $787 billion stimulus package last month, the focus was clearly on the end game and not the details — the economy needed to get back on track, and fast.

But for a chief executive famously known for his soaring rhetoric, the talk surrounding the American Recovery and Reinvestment Act of 2009 was altogether different.

"It was program management speak, only not in the old sense, in the new sense," says Douglas Clark, CEO of Métier, the Arlington, Va.-based provider of project portfolio management software. New, meaning a commitment not to just getting things done on time and under budget, but getting them done faster and smarter, with a premium on transparency, risk management and accountability. Will this project bring the highest return on investment from scarce resources? Will recipients be able to manage not one but multiple projects effectively? Can key stakeholders — taxpayers — log onto your Web site and see where exactly where the money is going?

"Clearly PPM tools are going to be the software capability that provides that.

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September 2010:

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