Project and Portfolio Management reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.
Project and portfolio management (PPM) software manages project portfolios and the projects associated with each portfolio. PPM software is used to organize resources and activities across multiple project portfolios as well as maintain interdependencies between portfolios. Companies use PPM solutions to optimize their project portfolios and maximize revenues and return on investment. PPM software is implemented by professional services and project management teams and is mostly used by project controllers and project managers. This type of software can also be used by any other internal or external users involved in delivering projects that are part of the portfolio of the company.
PPM is delivered as a standalone software solution, but does not always include extensive project management features. Some vendors provide separate solutions for portfolio management and project management, which can also be implemented as a suite. PPM products integrate with accounting software and ERP systems, which allow companies to track costs by portfolio.
To qualify for inclusion in the Project and Portfolio Management category, a product must:
Clarizen One is enterprise project and portfolio management software that helps you get work done. Clarizen connects work across the enterprise by bringing together project management discipline, workflow automation and collaboration to turn ideas into strategies, plans, and action. With Clarizen, organizations can work the way they want to work and have real time-visibility into all their workstreams. Clarizen helps keep teams focused on the things that matter and deliver results faster so th
Mavenlink's purpose-built cloud software for professional services takes PSA software to a new level, one that optimizes resources and elevates operational performance to build thriving businesses. A resource-first architecture, enables resource managers to field the best team, every time and see up-to-the-minute progress against timelines and budgets so projects run smoothly, predictably, and profitably. Visit www.mavenlink.com to learn more.
Take project management to the next level. Microsoft Project 2010 offers flexibility and choice by providing tailored work management solutions for individuals, teams, and enterprises.
Scoro is an award-winning end-to-end business management software loved by agencies and consultancies around the world. With Scoro, you can manage your entire workflow all in one place, from the first hello to the final invoice. By combining a robust suite of project management, CRM, billing and reporting tools all in one place, Scoro enables you to streamline work, automate routine tasks and ensure a business runs as smoothly and efficiently as possible. Powerful API integrations connect Scoro
For more than 30 years, successful projects around the world have relied on Oracle’s Primavera solutions to plan, build, and operate critical assets. It is the only solution that integrates project and portfolio planning and delivery teams for planning, resourcing, risk mitigation, scheduling, and program management. Manage projects of any size. Robust and easy-to-use. Key Benefits - Cloud-based, delivering fast time to value - One platform for planning, prioritizing, executing, and monitoring
Easy Projects is an award-winning project management platform designed for fast-moving midsize to enterprise-level teams. Our flexible solution includes visual project planning, resource planning, beautifully designed reports, best-in-class security, and much more. We support 2,000+ integrations so your team can use the tools they love best. Customers who use Easy Projects report a 30% decrease in project duration and a 98% completion rate, leading to more projects and profits.
Whether you are in IT, Facilities, or any other department, you are going to want to have your own workflows, request types, and projects. This is exactly what we expect, and it’s exactly what you can have—without any coding or scripting necessary. We work hard to earn your business and hope that simply marks the beginning of a long-term partnership with your organization. We’ve created a highly configurable platform that can grow with you, and our team is dedicated to helping you every step of
Sciforma PPM's robust and easy-to-use platform supports PMOs with these very critical PPM capabilities: idea & demand, portfolio & program, planning, work and collaboration, resources, and time tracking. Flexible and functionally scalable, it accomodates various PMO maturity levels and fits many sectors: health care, manufacturing, public, finance, and more. Key customer partners include Netgear, NXP Semiconductor, Deutsche Telekom, EADS. ☑ Dynamic business case criteria and scoring ☑ R
Meisterplan is a cloud-based project portfolio management and resource management software that can be set up quickly (even in just a few days!). It enables management to align the project portfolio to strategy, keep track of budgets, understand employee capacities and dependencies, and resolve resource conflicts in real-time. A key feature is scenario simulation, which allows you to react to changing circumstances, compare multiple scenarios and see the effect on the project portfolio. The intu
Targetprocess is an Enterprise visual platform which connects Portfolio, Products and Teams. The tool perfectly reflects the agile methodology and can help any company to adopt and scale agile across the enterprise. To achieve business agility and see the value flow through the entire organization one can use out-of-the-box templates for SAFe, LeSS, Nexus, Scrum of Scrums and other frameworks. The solution is highly customizable to support your own project management approach and organization s
Today's project management organization (PMO) struggles with time, cost, and resource management challenges, particularly visibility and data consolidation within the enterprise portfolio. Given these daily challenges, it is difficult for executives to see which projects and operational activities they should be working on to find out how much is left in their budget, to what capacity are resources being utilized, and how to align activities with business demands. HP's innovative Project and Po
ITM Platform is secure, confidential and reliable SaaS for Project Management at its best, combining the depth and strategic overview of your Portfolio with real-time management and execution of programs, projects and tasks. Ease of use, lack of installations and quick deployment guarantee that your organization will start taking advantage of its capabilities in no time and with no complex rollouts. Small and large organizations can benefit alike from ITM Platform thanks to the range of feature
Speed up your digital transformation with the drag-and-drop roadmapping tool in Clarity PPM (formerly CA PPM). Create business initiatives and add budgets with a few clicks. Define, allocate, and track teams across the portfolio. Whether you are managing complex work flows for IT, or doing simple task management for sales, you can spin up projects in minutes instead of days. And when you add in-app collaboration and mobile time sheets, a familiar Microsoft Excel grid to manage budgets, and conne
Changepoint PPM (Daptiv) makes sense of your complex mix of projects. Efficiently manage and staff resources, streamline project intake, align projects to business strategy, and leverage cutting-edge, embedded analytics in one powerful, configurable solution. This single source of truth provides visibility into your entire portfolio across methodologies. Visit us today to learn more about how we can help you achieve better business outcomes.
Accelerate PMO success with centralized Project Portfolio Management with Planview PPM Pro™ software (formerly Innotas®) Planview PPM Pro enables PMO teams to focus resources on the work that delivers the most value to their organization. Project managers, program managers, PMO leaders, resource managers and CIOs can use PPM Pro to gain top-down visibility into their project portfolio and align work with business goals. A robust set of capabilities distinguish PPM Pro from less capable project
ONEPOINT Projects is the leading provider of hybrid project and portfolio management solutions for modern project organizations. Unlike traditional PPM software, ONEPOINT Projects integrates simple, traditional, agile and Jira projects into a single project portfolio and resource utilization database. ONEPOINT enables project-oriented organizations to increase project and portfolio transparency, shorten project lead times, better implement best practices and optimize resource utilization. By bui
Project Portfolio Office (PPO) helps small consultancies to global organisations achieve greater project success by implementing a simple to use, cloud based yet enterprise scalable project portfolio management application. With no long term contract, pre-configured solutions, free online trial & learning videos you can be running your projects within 30 days.
Deltek's industry-leading Project & Portfolio Management (PPM) solutions provide effective cost management, scalable scheduling and reliable risk evaluation, which in turn enable you to achieve consistent project success. Our earned value management software gives you unparalleled flexibility in deployment and configuration and sets the standard for analyzing, sharing and reporting data. Join the thousands of customers worldwide who trust Deltek to help them drive peak performance and profit
Projectric enables companies to get the most value from their Project Portfolios. This tool does this by delivering Portfolio Intelligence, the transformation of project and program data into relevant, actionable information for making business decisions.
The all-in-one agile collaboration solution designed to manage the execution of strategic initiatives. - One2team is unique in its ability to: * Deliver a set of personalized dashboard and simplified project interfaces for anyone (using state-of-art agile methodology from the IT world). * Adapt its database model to any large organizations or complex processes. - Who uses One2Team: Strategic Initiatives leaders, Chief Strategic Officers, Business Transformation leaders, Directors of Innovatio
Eclipse PPM simplifies the management of a portfolio of projects and constrained resources. Their best of breed solution focuses on improving project prioritization and execution, while improving communication and collaboration amongst stakeholders, project managers and resources. Eclipse PPM also helps solve the challenge of delivering projects and operational services with constrained human resources.
Genius Project is designed to adapt to your organization’s business processes, and delivers a highly flexible and configurable portfolio and project management software allowing tailored feature sets for a wide array of project teams and project types.
As opposed to project management software which focuses mostly on execution, project and portfolio management (PPM) software helps companies create and implement strategies for project portfolios. A portfolio is a mix of interrelated projects, meaning they have a similar scope and shared resources. For instance, an architecture, engineering, and construction (AEC) company may have three portfolios: one for architecture and design, another one for civil and industrial engineering projects, and a third for residential and commercial construction. Each portfolio may include dozens or hundreds of projects which need to be managed and monitored as a whole.
The high number of projects that are part of a portfolio makes it difficult for companies to plan, allocate resources, execute, and monitor performance. Typical project management software is used to manage individual projects but usually doesn’t include robust features for portfolio management.
Key Benefits of Project and Portfolio Management Software
The main benefit of PPM platforms is their ability to manage portfolios of numerous projects and maintain the relationships between them. This helps companies plan and execute dozens or hundreds of projects simultaneously. Additional benefits of PPM software include the following:
Collaboration across projects and portfolios — Collaboration between multiple teams and external stakeholders is difficult without robust software. PPM systems allow everyone involved in projects to communicate and share data without overwhelming them with unnecessary information.
Analytics and performance — Portfolios of projects are the main revenue driver for many professional services providers and their performance directly impacts profitability. It is therefore essential that companies use analytics to track portfolio performance, identify bottlenecks and risks, and find opportunities for improvement.
Strategic alignment across the company — Medium and large companies tend to be bureaucratic and rigid, negatively impacting the performance of the business. PPM provides features to define and monitor common goals which improves business alignment and company performance.
PPM software can be used by anyone in the company and even by external users such as partners and customers. It is therefore critical to clearly define user roles and access rights to protect intellectual property, confidential data, and the privacy of all the parties involved.
Head of project management office (PMO) — A PMO is a team or department within a company that defines and implements standards for project management. For large companies, PMO employees also need to create standards for project portfolios. Once created, the standards are enforced across the company to ensure compliance and communication with customers and partners. PPM standards need to be updated regularly to keep up with changing regulations. PMO teams also use PPM software to monitor how standards are implemented and take corrective actions when required.
Project managers — Project managers use PPM to plan and execute projects that are part of various portfolios. They also need to ensure that everyone working on a project follows the standards defined by the PMO department. Project managers also use PPM to maintain direct communications with customers, identify risks, and escalate issues to managers and executives.
Executives — Managers and executives benefit from data analysis, reporting, and dashboards that provide information on the status of projects, associated costs, risks, and compliance. Data is also used to identify how to optimize portfolios as well as new business opportunities. Also, historical project portfolio information is the starting point of any budgeting and forecasting activity.
Partners and contractors — Large portfolios of projects often require the involvement of third-party companies, vendors, suppliers, and independent contractors. Companies are also partnering with freelancers increasingly when it is too expensive to hire and train employees for tasks that aren’t critical for project success. All these external stakeholders need to access project and portfolio information, ideally through a portal rather than documents and spreadsheets. Companies need to be careful to protect their intellectual property and customers’ privacy when sharing data externally.
There aren’t many PPM solutions available in the market and buyers only have a few delivery options to choose from.
Best of breed — Refers to a single integrated solution that delivers all functionality to manage portfolios and associated projects. While all best-of-breed PPM software delivers robust portfolio features, the level of support for project and resource management varies significantly from one product to another.
Suites — Includes multiple products, one of which focuses on portfolio management. The other products may be used for resource and project management. Companies may choose between buying and using all products together or separately. A PPM suite is advantageous because it provides comprehensive features and a single repository of project portfolio data.
Point solutions — Such solutions focus on creating and monitoring portfolios and do not include robust features for project management. Integration with project management software is therefore critical to plan and execute projects. It is also important to integrate with project cost management software when this type of functionality isn’t provided. Point solutions for PPM are beneficial for small and medium-sized businesses (SMBs) and small teams of large companies.
Industry-specific PPM — Includes best practices for complex industries such as energy, aerospace and defense, or for government contractors. This type of software ensures compliance with regulations and industry standards which isn’t always the case for most PPM products.
PPM is more than advanced project management. Its focus is to identify business opportunities, match them with projects and portfolios, and ensure that the company adjusts its portfolios based on market changes.
Portfolio management and monitoring — Project portfolios are defined based on customer demand and the ability of the company to deliver projects. Since demand changes constantly, portfolios need to be updated to stay relevant. Changes to a portfolio may also be triggered by executive decisions to provide new services or discontinue unprofitable offerings.
Resource planning and allocation — Capacity planning allows users to identify which resources are available and when. This type of functionality is also leveraged to reallocate resources based on unexpected changes. Any changes must be reflected across the entire project portfolio so that everyone gets a clear picture of their work.
Project management and execution — Traditional project management software is used to execute individual projects, while PPM allows for the planning and management of portfolios. Ideally, PPM should provide functionality for both project and portfolio management. Project tasks, deadlines, and resources should be consolidated by portfolio.
Project and portfolio risk — Project risks tend to increase for complex projects and portfolios. PPM identifies and mitigates risk at the portfolio and project level. While some risks are preventable, others may occur unexpectedly, which is why companies define and implement corrective actions.
Collaboration — Collaboration features vary from simple chat to advanced document management and authoring. For portfolio management, collaboration should allow internal and external users to communicate and share information at each stage of the project. Executives and the PMO team need to work together on defining and aligning business strategies, or on creating budgets and forecasting finances.
Financial analysis — While PPM does not include accounting features, it provides options to create budgets and monitor project costs. The cost of the resources used to deliver projects represents the majority of the spending on professional services companies. Other costs are expenses for travel and consumables as well as indirect costs for utilities or administration. All these costs need to be allocated to projects and portfolios and analyzed by each team and business unit.
Project portfolio optimization — Like any other product or service, a project portfolio has a lifecycle that starts with inception, followed by testing, deployment, maturity, and ends with obsolescence. To remain competitive, a business should constantly evaluate and improve its portfolios. Even though the main goal is to achieve maximum profitability, decision makers also need to take into account market changes and socio-economic challenges such as automation or climate change.
Complexity — PPM includes many features and functions which are be delivered as one single product or as a suite of multiple solutions. As vendors acquired multiple products and tried to integrate them, the result was sometimes a system with inconsistent user experience and complicated workflows.
Cost — Due to its complexity, PPM software isn’t as affordable as project management. While the new cloud solutions are more accessible, there are extra costs for configuration or customization as well as professional services such as implementation and change management.
Compliance — Companies using PPM need to ensure that they comply with project management standards as well as regulations to protect privacy and prevent financial fraud.
Flexibility — While companies using PPM require robust and advanced features, they also need flexible systems that have the potential to adapt to their business. To address this challenge, vendors are trying to offer configurable user interfaces and the ability to modify workflows without disrupting work.