A PPM Sweet Spot

  Portfolio Management   ProjectsAtWork  

Gartner’s 2010 Magic Quadrant report surveys the state of PPM in a challenging economy, evaluating 31 technology providers, naming six “leaders” and identifying two important market trends.

While many project and portfolio management solutions providers reported declines in overall revenue and cut back on their product development in 2009, there are signs of recovery in the market and “a growing population of PPM prospects and practitioners,” states IT research firm Gartner in its 2010 Magic Quadrant for IT Project and Portfolio Management. Released this month, the report evaluated 31 PPM solutions providers based on their “ability to execute” and “completeness of vision,” placing each vendor in one of four quadrants: Leaders, Challengers, Visionaries and Niche Players.

According to the Gartner report, written by research analyst Daniel Stang, “leaders” meet IT needs by providing products supporting analytic frameworks for application and project portfolios, and can track other types of IT demand, such as minor software change requests, so that managers can assess their cumulative impact on resource supply. Product depth in several core PPM areas, such as demand management and analysis, advanced scheduling, and resource and cost management, sets leaders apart from competitors, as well as portfolio analysis (for investment …

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