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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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General Features and Functions

General portfolio management functions provide access and visibility to all of the projects under the same portfolio. They provide information on the types of demands being placed on information technology (IT), and help evaluate performance through the effective use of resources, such as people, funding, assets, and processes. They also maximizes business value.

  • Cross-project management and portfolio capability

  • Organization of many projects in one central place on the Web

  • Management of an unlimited number of projects within an organization

  • Creation, deletion, and viewing of projects

  • Real time status of projects

  • Alignment of current and future projects with business strategies

  • Capture of all work details, whether simple or complex

  • Ability for users to be assigned to several projects and to have different access rights depending on the project

  • Ability for users to simultaneously and effortlessly consult and make changes to tasks in their project

  • Management of entire project lifecycles and logistics by facilitating collaboration in distributed teams

  • Graphic review and management of the progress of a portfolio of projects

  • Scheduling and multiproject management

  • Wizard-based cross-project reporting

  • Sub-project nesting for collaborative project hierarchal management

  • Sub-project nesting for infinite projects

  • Prioritization for cross-project portfolio viewing and goals indexing

  • Viewing of grouping and visualization of priority and status of cross-project information

  • Individualized and current task lists accross multiple projects

  • Polling, project homepages, news bulletins, and other feeds

  • Multiproject integrated components

  • Fully customizable inter-project links

  • Ability to draw information from multiple "child portfolios" in different domains in order to provide overarching governance

  • Dependency links between investments and across portfolios

  • Metric, indicator, and cost calculations that include or exclude dependencies

Portfolio Management Features and Functions
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