PPM Solutions: 2007 In Review

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PPM Solutions: 2007 In Review
Projects@Work (January 10, 2008)

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 early 2008 roundup of new releases, major upgrades and the latest reviews from leading analysts.

By now most organization understand that project portfolio management (PPM) is about aligning projects with business strategy to improve performance and value. But that general definition belies the many difficult challenges of implementing PPM and realizing its potential benefits. Both hard and anecdotal evidence suggests that the promise of PPM too often falls far short of expectations. The successful practice of PPM depends on a multitude of factors, including an organization’s grip on its business goals, resources and culture.

There is no silver bullet for PPM success, but there are tools that can help project managers, teams and stakeholders constructively improve the processes by which they select, execute and collaborate on projects, 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’s our early 2008 roundup of what’s happening in the PPM market, including, where applicable, the latest evaluations from leading IT analysts.

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HP
PeoplePM
PMI Risk Management
ProjectWorld
RMC Project Mgmt
Stanford University
University of Calif, Irvine

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