What is Project and Portfolio Management?
Project and Portfolio Management (PPM) is the process of identifying, selecting and managing a portfolio of projects that align to strategic objectives and honor resource constraints. To organizations that utilize it, PPM delivers executive alignment on strategy, management of risk and resources, investment guidance to maximize ROI, quick and objective decision-making, and enhanced visibility and communications.
Microsoft Project Portfolio Management Solution
Over the past twenty-six years, project management has evolved by better utilizing the latest technologies to meet the organizational requirements of different industries. Today, Project Portfolio Management helps organizations improve visibility and control across varied portfolios, align spend with strategic priorities, and drive team collaboration to deliver projects on time and within budget.
In the current economic climate companies must do more with less. As a result, organizations are looking for PPM tools to help reduce costs, drive efficiencies, and ultimately, help set the seeds to grow their business. The Microsoft Project Portfolio Management (PPM) Solution offers a flexible, end-to-end PPM platform, used by organizations across a broad variety of industries to automate primary PPM processes. Recognized by industry analysts as a leading PPM solution, The Microsoft PPM Solution has consistently appeared as a leader in Gartner's IT Project and Portfolio Management Magic Quadrant. IDC has also identified the PPM solution as a leading Product Lifecycle Management (PLM)/New Product Development (NPD) solution.
The following products from the Project family form the PPM Solution, providing comprehensive PC, web, and Cloud-based resources.
Microsoft Project Server: Microsoft Project Server is a flexible, on-premises solution for project portfolio management (PPM) and everyday work. Team members, project participants, and business decision makers can get started, prioritize project portfolio investments and deliver the intended business value from virtually anywhere. Project Server also helps organizations align resources and investments with business priorities, gain control across all types of work, and visualize performance using powerful dashboards.
Microsoft Project Online: Project Online, the flexible online solution counterpart to Project Server, enables your organization to quickly start projects, prioritize project portfolio investments, and deliver results with the intended business value. A unified experience with other Microsoft cloud services such as SharePoint Online, Exchange Online, and Lync Online helps you efficiently and effectively act and respond to market opportunities. With 24/7 IT support for critical issues, you can be sure of high availability and reliability.
Microsoft Project Professional: Project Professional delivers powerful, visually enhanced ways to simplify planning, collaboration, and resource management so managers can successfully tackle all types of projects. Connecting Project Professional with Project Server ensures that organizations can realize the added business benefits of unified PPM.
Microsoft Project Professional for Office 365: Delivered as a subscription through Office 365, Project Professional for Office 365 is the Cloud delivered version of Project Professional. With Project Pro for Office 365, software automatically stays up to date (with options for customizable policies). You can access Project Pro for Office 365 from virtually anywhere on any Wintel PC by streaming the complete desktop client with Project on Demand.
Project Online with Project Pro for Office 365: Project Online with Project Pro is an all-in-one subscription that delivers the full spectrum of project management capabilities — from task management for teams to project management to project portfolio planning. With the ability to access Project from virtually anywhere through Office 365 cloud services, team members can manage their tasks as easily as pressing a check box on their smartphone browser and managers can check reports on the go with just a swipe on their wirelessly connected tablet device.
Springhouse is excited about the benefits that Project Portfolio Management can offer your organization. Contact Us today and speak with one of our Business Development Specialists to help your organization develop a solution that fits your needs!