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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Project Analysis Features and Functions

Project analysis is used for project appraisal. It benchmarks project systems using quantitative, statistical analysis. Project analysis helps to ensure that the project is feasible, budgeted correctly, and has realistic requirements. It also helps to perform what-if scenarios for optimizing and balancing the portfolio.

  • Graphic review and management of a portfolio of projects

  • High level summary view for project managers, resource managers, financial controllers, and executives

  • Ability to tailor a personal view of the project analysis area

  • Rule-based notification of variances from budget, days, or dates by exception

  • Configurable analytics that support color-coded alerts

  • Objective portfolio analysis to prioritize initiatives using customizable project scorecards

  • "What-if" scenarios to optimize and balance the portfolio

  • Tracking of baseline changes

  • Forecasting of EAC and ETC

  • Tracking of status and baseline updates for resources, WBS, rates, and activities

  • Capture of cost, accruals, and commitments for accounting system integration

  • Apportionment to create budget, earned value, and a forecast for work that is based on other work

  • Management of metrics to regularly review the alignment of current and future projects with business strategies

Portfolio Management Features and Functions
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