Project and portfolio management (PPM) is an important issue today because companies are investing thousands and even millions of dollars into IT projects strewn across their enterprises. Deciding which IT projects to approve and implement, while at the same time aligning a company’s IT strategy with the business needs, is necessary but also proves to be quite challenging. It is often extremely difficult getting decision makers to agree on which projects to implement. Most IT Executives will admit that they aren’t 100% sure whether their people are working on the right projects for their business all the time. Most will also admit that they do not have timely insight into project status, costs and the actual return on investment for their projects. For most companies, this comes as no surprise, as the decision-making processes and management tools used to support PPM activities are often manual, inefficient, and ad hoc at best.
Align your strategic planned initiatives with current resource allocation to close the gap between Portfolio Planning and Project Execution. PMware Technology offers one fully integrated PPM solution to insure that your plans are always connected to real-time project execution & resource capacity information.
Executive Management teams gain greater agility in the critical portfolio management decisions that affect growth and profitability. Program management benefits from strategic views of project schedules, resources and issues based on the most current data available from team members. With PMware™, you can make informed decisions based on real-time project status, financials and earned value metrics. Additionally the management team also can evaluate alternative scenarios, making what-if comparisons to simulate the impact on current projects. As a result, decisive actions can be taken quickly to minimize risk and reduce loss.