Acclaim Projects by Sopheon

Acclaim Projects, developed by Sopheon, is a project management tool designed to empower product, innovation, and project managers in delivering innovation and products on time and within budget. This solution serves as a command center for Project Management Offices (PMOs), providing project assurance and informed decision-making throughout the project lifecycle. Acclaim Projects caters to professionals in various industries, including project managers, PMO teams, resource managers, innovation leaders, and finance leaders. It is positioned as a solution that can enhance project management capabilities and drive successful project outcomes.

Key Features

Real-time planning and tracking: According to the vendor, Acclaim Projects provides data-driven planning and tracking tools to help deliver projects on time and within budget. Project managers can have real-time access to cross-project resource, demand, and utilization information to ensure their plans are geared for success.

Real-time diagnostic tools: Acclaim Projects offers real-time diagnostic tools to minimize risk and monitor project health. Project managers and PMO teams can use these tools to identify and address potential issues early on. The diagnostic tools enable the tracking and reporting of project spending with the right classification, aiming to reduce variance in outcomes.

Integrated change management workflow: Acclaim Projects includes an integrated change management workflow to control and manage schedules, costs, and resource utilization. This workflow aims to reduce variance in outcomes and ensure that changes are properly documented, reviewed, and implemented. Project managers and PMO teams can use the workflow to maintain project control and make informed decisions.

SaaS model for easy engagement: Acclaim Projects operates on a Software-as-a-Service (SaaS) model, enabling external company resources to engage in the project process. The SaaS model allows for collaboration and communication between project teams and external stakeholders. It provides a user-friendly interface accessible from anywhere, eliminating the need for complex installations or maintenance.

Out-of-the-box diagnostic tools: Acclaim Projects offers out-of-the-box diagnostic tools that enable PMO and governance teams to monitor projects and enforce common processes. These tools aim to facilitate effective project governance by providing a visual workflow and real-time information for informed decision-making. The tool also includes CapEx reporting tools to support finance departments effectively.

Resource workload and utilization balancing: Acclaim Projects aims to help resource managers effectively balance resource workload and utilization. The tool provides information on skills, capacity, planned tasks, and priorities to ensure the well-being of the team and project support. Resource managers can increase awareness of overutilized resources, provide support to underperforming resources, and aim to improve project performance by aligning resources as planned.

Data-driven project planning and execution: Acclaim Projects aims to enable innovation leaders to increase confidence in the organization with data-driven project planning and execution. It offers real-time visibility into product development workflows, allowing for better coordination across departments. Innovation leaders can aim to set and meet launch dates with confidence and effectively orchestrate work across product, engineering, marketing, manufacturing, and logistics.

Real-time access to project financials: Acclaim Projects provides real-time access to project financials, aiming to minimize financial risk for finance leaders. Finance leaders can accurately accrue and view spending as it happens, plan and track fixed costs, and rely on the built-in ledger for each project as a single source of project spend. This is intended to enable finance leaders to make informed decisions on investments and prepare accurate financial forecasts.