SAN DIEGO -- Software Equity Group, LLC SEG, a leading software industry investment bank and M&A advisory, announced today the sale of its client, Welcom Corporation, a global leader in earned value management EVM and project portfolio management PPM solutions, to Deltek Systems, Inc. The acquisition will enable Deltek, a...
Besides being relevant to professional services organizations PSO and internal information technology IT departments, project portfolio management PPM software is applied in multiple vertical markets in the area of new product development NPD. In industries ranging from manufacturing and high technology to consumer goods and biotechnology, PPM solutions help manage...
SAN MATEO, Calif. -- Serena Software, Inc., the leading global independent software company focused solely on application lifecycle management ALM, today announced that Serena[R] Mariner[TM] was nominated for three Project Portfolio Management PPM Awards:
PeopleSoft Inc. has released Project Portfolio Management and ESA Warehouse, two new solutions in its Enterprise Service Automation ESA suite. With Project Portfolio Management, organizations can evaluate, monitor and compare key performance inform PeopleSoft Inc. has released Project Portfolio Management and ESA Warehouse, two new...
This white paper explains how Primavera Systems, a vendor of project portfolio management solutions, turned around its development organization in 2003. In terms of value to the company, the development organization went from having low confidence in its ability to deliver and repeated failure to meet expectations, to being cheered...
Few of the challenges Chief Financial Officers face are as complex and demanding as managing a portfolio of enterprise projects. The shifting of time and resources among ongoing projects directly impacts risks and returns. The article outlines that in this era of tight budgets and limited resources, a haphazard approach...
Organisations are moderately satisfied with their current project portfolio management methods, and only a few of them would rate their method as excellent. In particular, the methods are not easy to use. These conclusions are among the results of a survey of sixty four project management practitioners by the Center...
The SPO is an organizational entity responsible for mapping strategy to projects and monitoring projects and portfolios to ensure they continue to address strategic initiatives, even as these initiatives change over time. It serves as the critical link between executive vision and the work of the enterprise. The article explains...
In a business, it is very essential to know how to manage projects. One needs to know what projects to manage. That is what portfolio management is. In project management circles, it's almost cliche to feel overwhelmed and overworked, with too many projects and little clarity on what to do...
An important question which arises is that whether project portfolio management is a passing fad? Or a smart idea whose time has come? Project portfolio management is all about getting the biggest bang for the buck. Its primary goal is to produce the highest payback possible from each investment that...
"Now that the business world has discovered the importance of projects, and of project management, the next logical step is to move toward the recognition of PPM. But it is a very big mistake to think that PPM is merely an extension of Project Management PM. The core mistake...
One of the hot topics in the management of the enterprise is Project Portfolio Management. In Project Portfolio Management, it is assumed that the enterprise, via the selection and execution of projects, positions itself for increased strength and profitability as well as assuring that the firm continues to thrive in...
Today's businesses find it increasingly important to choose the best portfolio of projects that will help their organizations meet strategic goals. They find it equally important to execute the portfolio of projects efficiently, bringing to the customer the expected quality and benefits desired from each of the projects. To help...
Project portfolio management has become a hot topic. There is no shortage of advice on how to do it, and numerous consulting companies and software vendors are offering tools for the job. Organizations can benefit considerably from improving the processes used to select and manage projects, but "caveat emptor," let...
An important question which arises is that why risk management virtually ignored as an integral part of the project management process? We all recognize that risk is an important part of all and the management of risk can be the most critical factor in project success. It's not that the...
It has been seen that organizations struggle to find a way to link strategic business objectives with the individual projects they charter. A Strategic Project Office can address this issue. The SPO is an organizational entity responsible for mapping strategy to projects and monitoring projects and portfolios to ensure they...
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