Project Management

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Project Portfolio Mgmt Package

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Paul Laginski Consultant Burlington, Ontario, Canada
I am currently trying to locate the best package for labor tracking/costing along with a corporate portfolio management system.

If you could provide direction on vendors or reference materials that would be much appreciated.
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Anonymous
Can you provide just a little more info - number of users/projects, type of environment (PMO/PSO), server/ASP preferences, integration requirements, etc. and the business problem(s) you are trying to solve and top three issues/requirements..?
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Mark Price Perry Business Driven PMO Evangelist| BOT International Orlando, Fl, United States

Dear Paul,


Regarding locating the best package for labor tracking/costing along with a corporate portfolio management system... You might have a look at the Forrester Wave: Project Portfolio Management, Q1'06 Report, by Margo Visitacion. The subtitle of this report is, "Primavera and Planview lead in our product evaluation."


Listed below is the Forrester Executive Summary for this report:


"Project portfolio management (PPM) is a critical enabler for IT work delivery. For successful delivery, IT organizations must be able to visualize the requirements to meet objectives, determine the best combinations of new projects and existing systems to achieve the correct resource balance, and control unnecessary investments. To assess the state of the market and see how the vendors stack up against each other, Forrester evaluated the strengths and weaknesses of top PPM vendors across 94 criteria. The result: Best-of-breed still reigns. Primavera's and PlanView's functional depth, breadth, and work-specific or industry-specific solutions far outweigh generic IT work management requirements. Included in this report is an interactive vendor comparison tool that provides detailed product evaluations and customizable rankings."


And listed below is the Table of Contents for this report:



  • PPM Enables Successful IT Work Delivery

    • What PPM Must Deliver



  • The PPM Market Has Become The ERP Of IT

    • The PPM Market Today



  • PPM Evaluation Overview

    • Evaluation Criteria

    • Evaluated Vendors



  • Evaluation Analysis

  • Vendor Profiles

    • Leaders

    • Strong Performers

    • Contenders



  • Supplemental Material


You can purchase this report directly from Forrester for $1995 per the link to the website below:


http://www.forrester.com/Research/Document/Excerpt/0,7211,36485,00.html


Or you can get a free, bona-fide, download of this report from and thanks to any number of vendors that have licensed reprint rights with Forrester for the report. The following link to Planview's site provides an overview of the Forrester PPM Report and a free download of the 16 page report, user registration is required. Thank you Planview..!


http://www.planview.com/forrester_wave.aspx


The Forrester report is a very good read and reference source. I would suspect that you should be able to shortlist a few PPM vendors best aligned to your environment. Good luck!


Mark Perry


VP of Customer Care


BOT International

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Paul Milsom Columbus, Oh, United States
Also, what type of financial systems do you run. Interfaces can be very expensive to create and maintain. For example, if I had Oracle fin apps I would look first to Oracle's Project Management and Portfolio Analysis solutions.
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Dave Garrett
PMI Team Member
Senior Advisor to the CEO| PMI Sterling, Va, United States
On Projects@Work, gantthead's sister site, we have a free and very comprehensive PPM software selection tool.

It's vendor agnostic and the most valuable part of it is that it really refines your thinking about what your specific organization needs, versus what the vendors are pushing.
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Bipin Lekshmanan PMP Project Manager| Wipro Technologies Edison, Nj, United States
I had a glance at projects@work website, looks pretty good!

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