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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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Product Investment (Project) Metrics Features and Functions

In order to provide objective measurement of product investment value, investment metrics are required. These metrics can be based on financial value, strategic value, potential return, risk, and many other factors. The intent of the metrics is to provide decision making on facts as opposed to politics.

  • Investment estimated project expense - target total

  • Investment estimated project expense - projected actual total

  • Investment estimated project expense - target by calendar period

  • Investment estimated project expense - projected/actual by calendar period

  • Investment estimated project expense - by project phase

  • Investment estimated project expense - projected/actual by project phase

  • Investment link to associated ideas

  • Investment link to associated requirements

  • Metrics with subjective results

  • Metrics with objective results

  • Metrics with results from selection list

  • Metrics target value

  • Metrics target range

  • User defined metrics with calculated results

  • Template metrics definitions for common metrics (NPV, etc.)

  • Templates to calculate and track value for different types of investments

  • Updates to projects reflected in metrics real time

  • Metric values selectively imported from project in project management

Portfolio Management Features and Functions
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