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IT Project Management Tools: MS Project and Its Alternatives (Part 2)

Written By: Alex Hankewicz
Published On: February 20 2008

In my last posting I wrote about the functions of project management. When I considered alternatives to MS Project, I started thinking about the functions of Project Portfolio Management (PPM) software and concluded that they were similar in many respects.

Design
The project blueprint and design stage where are all Business Process Models are developed
Modeling
Interviewing stakeholders and developing the transactional and business process to support enterprise software deployment
Execution
The go-live stage to implement the business process and software solution
Monitoring
Monitoring the end results to achieve the KPIs that were introduced as part of the justification to introduce the software solution

Advantages
The benefits to consider when using a PPM solution are:
• guaranteeing the availability of competencies and resources upon which project success depends
• providing key stakeholders a complete view of the project portfolio
• directing cost savings by prioritizing beneficial projects and eliminating unproductive projects
• aligning IT and other projects with the enterprise’s business strategy

Potential Vendors to Consider
To learn more about the vendors featured in this blog –post and to learn about other vendors in this knowledge space PPM consult TEC’s vendor showcase.

Deltek
Deltek provides an integrated toolset for PPM. Modules include portfolio analysis, risk management, planning and scheduling, project collaboration, and earned value management (EVM). This modular, integrated suite provides selective information to project participants, from CEOs, to project managers, to team members.

Epicor
Epicor for Service Enterprises 8.1 adds enhanced PPM, contingent workforce management, and advanced collaboration and customization capabilities, all enabling greater planning, performance, and execution.

Primavera
Primavera offers professional and new product development services. Its solutions include role-based dashboards, product-based forecasts, graphic trends reporting, and other customizable reporting. Users can establish priorities, view the status of current projects, and allocate resources, as well as receive early warning indicators and view performance trends.

There are a number of PPM tools available with a variety of features and functionality. Please refer to TEC's website for a complete listing of what is new within PPM software, along with whitepapers that can further your understanding of the complexities of PPM.
 
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