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Project Portfolio Management (PPM) Software maintains a centralized, top-down view of the projects and initiatives undertaken by an organization. The goal of Project Portfolio Management is usually to optimize the use of resource and selection of projects to best achieve the organization’s operational, financial and strategic objectives.
In addition to project management features, PPM software often includes the following capabilities:
Resource allocation and management
Risk management
Budgeting
Scope management
Change management
Quality management
Cost and benefits measurement and tracking
Predictive capabilities
Project Portfolio Management (PPM) is related to Project Management. Project management tools focus on enabling the planning and execution around individual, discrete projects. PPM software is more about enabling the right selection of projects and allocation of resources. Many PPM products also include project management features and/or integrate with project management tools.
A central component of PPM software is the ability to group various projects into portfolios, allowing for top-down analysis. The software helps users analyze how well each project and portfolio is performing based on objectives. This knowledge can then be leveraged in future planning. Some PPM software uses predictive technology to help with project prioritization.
PPM software might be used by the Project Management Office, the CIO, and other executives.
PPM providers usually do not list pricing on their websites, and there is variation in pricing schemas, making direct comparison difficult. But as a rule of thumb, pricing begins at about $30 per user per month.
Workfront is a web-based project-management tool developed by Workfront, formerly AtTask, based in Utah. It was designed for both IT and marketing teams, but can be implemented for any kind of project. Workfront offers all the features standard to project management platforms. Editing and updatin...
Clarizen is a global leader in collaborative work management software. The vendor’s value proposition is that their enterprise-grade SaaS solution simplifies work, reduces communication overload and provides extensive visibility at any level of the enterprise. Clarizen enables users to connect em...
Planview Enterprise One is an end-to-end project portfolio management and enterprise architecture management tool provided by Planview, Inc., located in Austin, TX. It includes two components: Portfolio and Resource Management (formerly Planview Enterprise), and Capability and Technology Manageme...
Mavenlink provides advanced project management and task collaboration software for small to mid-sized professional services companies. Features include resource management, project dependencies, time and expense tracking, file sharing, versatile user permissions, private messaging, planning and...
Daptiv is a cloud-based project portfolio management (PPM) solution that is now owned by Changepoint in Ontario. Daptiv PPM covers diverse needs like Portfolio Management, Project Management, Resource Management and Office Management functionalities to larger business enterprises across diverse i...
Innotas by Planview is a cloud-based PPM solution that delivers a proven approach to managing projects and resources, improving governance and visibility for decision making. According to the vendor, Innotas aligns the project portfolio to achieve company goals, while enabling reprioritization an...
Changepoint is a platform that marries professional services automation (PSA), project portfolio management (PPM) and business analytics to provide managers broad operational visibility and control over their strategic business portfolios.
Bubble Innovator is a cloud-based Project and Portfolio Management (PPM) software solution from the Bubble Group headquartered in the UK. The software supports New Product Development processes, Portfolio Planning, and ongoing Portfolio Management. The platform enables cross-functional teams to c...
EPM Live is a PPM (project & portfolio management) platform based on Microsoft™ SharePoint. It offers project management and work collaboration to small and large enterprises. The focus is on helping deliver products successfully, optimize resource utilization, and select the right work. EPM ...
Microsoft Project Server is a project portfolio management option.
Primavera P6 Enterprise Project Portfolio Management is Oracle's EPPM offering.
UK company GenSight offers Enterprise Portfolio Management software.
RationalPlan is project management software that has been designed to help project managers keep their projects on time and within budget. The main goal of this software is to make the process of planning projects as short and as straightforward as possible and to guide novice project managers th...
WorkOtter is a project management solution.
Easy Projects is a project management tool designed for a wide range of businesses (small to mid-sized and enterprise level). It includes both basic features like creating projects and tasks and filling in the calendar, and also some advanced ones, including an interactive Gantt chart, an executi...
Micro Focus offers Project and Portfolio Management (PPM) software via its acquisition of Hewlett Packard Enterprise applications, including the former HP PPM platform.
Planisware is project portfolio management software for product development and R&D. The company was founded in 1996 and is headquartered in San Francisco, with locations in Germany, France and Japan.
Sciforma is an Enterprise Project and Portfolio Management software solution for industries and companies of all sizes. Sciforma was designed to support multiple approaches to reinforce consistency at every level of the organization hierarchy to promote efficiency for everyone. Sciforma s...
Forecast.it is a project portfolio management solution built around features such as resource planning and time tracking, budget estimating, and analytics and reporting, with key third-party integrations.
KeyedIn Solutions in Minneapolis offers KeyedIn Projects, a project management and PPM offering.
Zilicus is an enterprise-level project management solution with capabilities such as meeting management, risk management, and collaboration.
Augeo PPM is a project portfolio management solution with features such as feasibility studies, performance monitoring and management, and earned value analysis.
Pathbrite is a project portfolio management solution built primarily as an interactive design and content management tool for portfolios.
Tracker Suite is a cloud-based project portfolio management solution built around features such as workflow automation, talent management, and resource management. There are separate offerings for IT, HR, and sales teams.
Tracker Office is a project portfolio management solution built as an integration into Microsoft Outlook.