Spreading the portfolio management mantra

In today's global marketplace, where performance management and corporate governance are reshaping the way organizations operate and compete, possessing a big-picture, portfolio-level view of an organization's projects is no longer a luxury--it is a necessity for organizational survival. This article examines the current generation of project portfolio management (PPM) software, discussing the capabilities and processes that these systems (geared towards the technical and non-technical user alike) offer and the ways that these capabilities can help organizations make project decisions and manage their projects more effectively and efficiently, capabilities that can also help companies govern their operations according with their government's corporate financial reporting regulations, such as the United States' Sarbanes-Oxley Act of 2002. It describes such PPM systems as those produced by Niku and SAP; it explains PPM systems as offering solutions most beneficial for companies competing in the information tech
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