Project Portfolio Management Software
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Quickbase helps users tackle any project, no matter how complex. Quickbase helps customers see, connect and control complex projects. Whether it’s raising a skyscraper or coordinating vaccine rollouts, the no-code software platform allows business users to custom fit solutions to…
monday.com Work OS is an open platform designed so that anyone can create the tools they need to run all aspects of their work. It includes ready-made templates or the ability to customize any work solution ranging from sales pipelines to marketing campaigns, CRMs, and project tracking.…
Wrike is a project management and collaboration software. This solution connects tasks, discussions, and emails to the user’s project plan. Wrike is optimized for agile workflows and aims to help resolve data silos, poor visibility into work status, and missed deadlines and project…
Planview PPM Pro™ centralizes the management of projects and resources, facilitating governance, and providing visibility for improved decision making. Whether users are just getting started or advancing PMO to the next level, Planview PPM Pro is designed to provide the ability to…
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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.…
ServiceNow IT Business Management is a soluton bundle built on the Now Platform designed to allow users to gain visibility into portfolio investments and business strategies for better outcomes. Track progress in real time to see exactly how funds are spent and the value of the work…
Powernoodle is designed to help leaders make better quality decisions by quickly and effectively engaging the collective wisdom of stakeholders. The vendor aims to provide the most powerful, yet easy to use, Decision Engagement Platform. Cloud technology is fused with 50 years of…
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UK company GenSight offers Enterprise Portfolio Management software.
WorkOtter is presented by the vendor as a simple, flexible, and scalable project portfolio management (PPM) solution for IT, Engineering, and Professional Service PMOs. The software manages the lifecycle of work from ideas through project planning, control, lessons learned, and close.…
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.
Runn is a real-time resource management platform with integrated time tracking and forecasting capabilities. Users can plan projects and schedule resources with allocations, project phases, milestones, and time off. Flick between monthly, quarterly and half-yearly views to plan…
SpiraPlan is an enterprise agile project management solution. Some key features include: Requirements Management, Release Planning and Iteration/Sprint Planning. SpiraPlan helps users manage tasks, issues, code, and workflows. Additionally, SpiraPlan includes an enterprise risk management…
TrueProject is a predictive intelligence solution for enhancing project health and performance. TrueProject predicts project problems before they become the catalysts of project failure to help users achieve project success every time.Health and status of all projectsData integration…
Zilicus is an enterprise-level project management solution with capabilities such as meeting management, risk management, and collaboration.
SAP PPM is a project portfolio management solution packaged as a rapid-deployment solution based around resource utilization, talent management, and analytics-based investment strategies.
CloudBlue PSA (formerly HarmonyPSA) provides full visibility of projects, customers and profitability in a single pane of glass, along with automation of sales, finance and operational processes. Ingram Micro acquired Harmony Business Systems and HarmonyPSA in April 2021.
Mosaic is an AI-powered resource planning and workforce management solution designed to increase profitability and productivity. The vendor states on average, Mosaic customers experience a 5% increase in billable time, resulting in a 10% increase in revenue and a 40% improvement…
Ganttic is an online platform for resource planning scheduling and management. The tool provides a graphical interface as well as interactive Gantt charts for a company’s real-time collaboration and discussion with unlimited number of users. Ganttic aims to make collaboration quick…
Next-Generation Enterprise Service ManagementBuilt for the world’s most demanding enterprises.4me® combines ITSM with ESM and SIAM capabilities making it possible for all internal departments, such as IT, HR and Facilities, to work seamlessly with each other, as well as with external…
Cerri Project is an enterprise-level project and portfolio management software that configures to a company’s unique needs. Focused on managing the lifecycle of a project from beginning to end, Cerri Project offers functionality in an out-of-the-box solution. It offers multiple deployment…
Kelloo portfolio resource management software - plan, track and manage teams and people across projects and initiatives.Kelloo combines resource management, portfolio management, resource planning, resource capacity planning and project planning in an easy to use solution. With Kelloo…
eePPM allows users to manage an organisation’s various projects and resources from one place.eePPM allows users to coordinate and manage multiple projects across distributed teams. It aims to enable smooth day-to-day operations and will transform the way users to manage projects…
InPhase is designed to ensure teams have everything they need to make better, more assured decisions, faster. The software aims to turn employees into Goals Crusaders, Activity Activists, Data Obsessed & Collaboration Champions. Identify next-best actions. Track the impact and…
SharpCloud, from the company in London, enables teams to plan, visualize and communicate strategy across business silos and transforms static data into engaging, dynamic visual stories, to provide insight for leadership teams so that they can make smarter, more informed decisions.…
SoftExpert PPM is a solution for planning, prioritizing, managing, and implementing projects, portfolios, and business initiatives. The software supports any project-oriented business application such as strategic initiatives and investments, product development, innovation, etc.…
GalaxE.Solutions headquartered in Somerset offers GxPrime, a project portfolio management providing automation of repetitive tasks and increase speed to market.
Scientrix is a project portfolio management solution that aims to provide a holistic overview from the big picture down to the operational level.
With ITM Platform users can manage any type of project (agile or waterfall) and steer all their components and phases from a single location: plan or execute tasks, control costs and revenues, assign resources, control risks and administrate all the documentation.
Enterprise Portfolio Simulator (EPS), from ProModel in Allentown, uses modeling technology to predict the performance of project portfolios while identifying schedule, financial, and resource risks. These risks are then mitigated virtually, using scenario planning, to ensure more…
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Learn More About Project Portfolio Management Software
What is Project Portfolio Management Software?
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.
PPM Features & Capabilities
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 vs. Project Management
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.
Project Portfolio Management Software Comparison
Before purchasing new PPM software there are a few key things to consider:
PPM vs PM: It is possible to find project management software that also functions as an all-in-one platform that allows you to focus on individual projects as well as manage multiple projects and how they connect. Project portfolio management software can help align your projects with business goals, meet business requests and demands, and help projects be more successful. However, if your entire organization doesn’t operate on a “project” mindset or you are just using this for smaller teams, project management software should suffice.
Integrations: Given their nature as facilitating cross-functionality, look for PPM software that has built-in integrations with software you’re already using. While many will allow you to integrate via APIs, save time (and money) by opting for tools that have already dealt with configuring these processes for you.
Free trials: As we suggest for project management software as well, before purchasing a new PPM platform, make sure you have taken full advantage of any free trials (or free versions) the vendor offers. Setting up a realistic but test portfolio of projects is a great way to make sure you actually like the interface and features of any given PPM platform. Exposure to the software during the free trial will also help you make a more informed decision about whether it will fit into your team’s workflow.
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Pricing Information
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.
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Frequently Asked Questions
What's the difference between Project Management and Project Portfolio Management software?
Simply put, the difference is that project management software is focused on individual projects from start to finish, and project portfolio management software is focused on how multiple projects all fit into a business's overall objectives.
Project portfolio management software can help align your projects with business goals, meet business requests and demands, and help projects be more successful. However, if your entire organization doesn’t operate on a “project” mindset or you are just using this for smaller teams, project management software should suffice.
What is a project portfolio manager?
How do you implement project portfolio management?
Implementing a project portfolio management plan begins with asking yourself a few questions: What will business problems will PPM solve? Which processes will benefit the most from project portfolio management.
Since project portfolios are most concerned with corporate planning and how projects support businesses, it is best to strategize holistically. Portfolio-level goals can help inform different initiatives, services, and organizational activities.
PPM's primary focus is on choosing which projects to support and how to finance them, depending on if they support company priorities and objectives.