PPM Solutions: April 2009

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PPM Solutions: April 2009
Projects@Work (April 27, 2009)

A wide variety of technology solutions and services are available to help organizations implement, customize and improve their project portfolio management processes. Here is our April roundup of recently announced PPM offerings.

In these tough economic times, most organizations understand that project portfolio management (PPM) is about aligning projects with business strategy to optimize performance and value. But the “book” definition belies the many difficult challenges of implementing PPM and realizing its full potential benefits. Both hard and anecdotal evidence suggests that the promise of PPM often falls short in the execution. The successful practice of PPM depends on a multitude of factors, including an organization’s communication of business goals, competitive pressures and workforce culture.

There is no silver bullet for PPM success, but there are tools that can help executives, project leaders, teams and stakeholders constructively improve the processes by which they select, execute and collaborate on projects, from top to bottom, bottom to top, and across the enterprise. To that end, there is a wide variety of technology solutions to help organizations of all sizes and industries launch, customize and refine their PPM efforts.

PPM technology and service providers are continually introducing new solutions or updating their existing ones, and PPM Executive will provide timely summaries as they do, including reviews and analyst evaluations when available.

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September 2010:

What are the main reasons that projects fall behind schedule?