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Project Portfolio Management Software: Aligning Resources with Strategic Goals

Ever get the feeling that your organization hasn’t always green-lighted the projects most likely to deliver a solid return? Ever run into issues keeping the right resources allocated to the most important projects? If so, it might be time to dig deeper into what project portfolio management programs can offer your business.

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Find out why thousands of businesses trust Find Accounting Software to help narrow down thousands of options to a managable list of top recommendations. There’s no pressure, no obligation, and no cost. Sound good? Let’s get started!

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter

Aligning resources with your strategic goals

Project portfolio management (PPM) software is a decision making tool—“answer software,” if you like. And, what are the most important answers it’s designed to help you find? Namely, what are the right initiatives to pursue and when should they be pursued. Sounds simple enough. But this single concept involves all sorts of complexity in the real world. In order to come up with the right answers—the right project priorities—you need to be able to weigh all the different factors that go into a project-by-project cost/benefits analysis.

Whereas project leaders and project team members require tools designed to manage the completion of single-project tasks and scheduling, executives need a way to distill the big picture into actionable project portfolio leadership. The ability to catalog projects and score them in terms of normalized costs and benefits, presents an opportunity to utilize data to more effectively manage the project portfolio. Project portfolio management solutions are the enemy of the hunch. They are designed to gather data and model estimates in order to come up with reliable predictions on which projects will generate the greatest returns.

Managing for success across the project portfolio

Prioritization of projects isn’t the only responsibility of project portfolio management software though. After all, selecting the right projects is only half the battle. Projects must be well-managed in order to achieve the desired results. PPM systems are designed to help handle risk analysis, change requests, budgeting, and resource allocations across the enterprise, in order to accomplish the end of goal of successfully executing your most important strategic initiatives.

Executives and key decision-makers are utilizing PPM software to enhance portfolio management across a variety of project types, including: IT, marketing, product development, and business development.

Benefits of project portfolio management software

The benefits of PPM include:

  • Completing more projects in less time,
  • Shortening the time-to-value cycle on individual projects,
  • Minimizing risk,
  • Increasing collaboration,
  • And, most importantly, optimizing the use of resources on high return initiatives.

Understanding core PPM capabilities

The central functional capabilities of project portfolio management systems include:

  • Scheduling and resource management. One of the critical responsibilities of PPM software is managing access to finite resources—such as equipment and labor—across a multitude of different projects.
  • Analytics and dashboards. Strong reporting capabilities are required to distill large data sets into project prioritization and performance metrics. Graphical presentations of data are becoming an increasingly more popular way to simplify the complexity of managing numerous projects in various life-cycle stages.
  • Budgeting. Integration with financial systems and budgeting software can help identify capital availability and likely project costs, which can be utilized in the cost benefits analysis to determine project prioritization.
  • Risk analysis. PPM software utilizes risk analysis tools to identify potential risks to successful project completion. The ability to weight the likelihood of risks and the potential financial impact is an important part of determining estimated project return on investment.
  • Contingencies. Projects aren’t planned in a vacuum. Changes in the business environment can create alter project prioritization and the ability of organizations to successfully complete in-process projects. Contingency management software allows forward looking enterprises the opportunity to plan for project prioritization and completion changes and manage issues as they arise.
  • Cost/benefit analysis. PPM software programs provide estimation tools designed to identify likely costs and resulting benefits. In more sophisticated programs, integration with financial management systems can be utilized to leverage existing financial performance data into specific what-if scenarios in order to come up with more data-driven estimates.
  • Request management and ideation. Often PPM systems will incorporate submission tools to collect project ideas from across the enterprise.

Taking the next steps

If you are at the point where you are looking to find good project portfolio management options to evaluate, we can help. We offer a free software search service designed to help save you time finding the right program for your organization. Get started today!

Popular Project Portfolio Management Software Products

Looking for great project portfolio management software options? Below you can check out a list of the products most commonly considered by others searching for project portfolio management software. The list on this page is based on many years of real software matches. But everyone’s needs are different. Browse for fits with your specific requirements or let us help you identify your top options.

Which software is right for you? Get quick and accurate recommendations.

What if you could simply tell someone about your software needs and they’d find your best choices? Look no further. We’ll listen to your needs and find your top software matches. That’s it. There’s no pressure, no cost.

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter
  • Primavera Enterprise Project Portfolio Management by Oracle

    Oracle's Primavera is focused exclusively on helping project-intensive businesses manage their entire project portfolio lifecycle, including projects of all sizes. It is estimated that projects totaling more than $6 trillion in value have been...

  • ProSight ‑ Portfolio Management by Primavera Systems

    ProSight, portfolio management software for the speed of today's business You need portfolio management, and you need it to be automated. We offer ProSight, a flexible software application, designed to implement—and automate—the...

  • Unanet Project Portfolio by Unanet

    Unanet Project Portfolio comprises a complete Professional Services Automation (PSA) solution with Resource Requesting & Management, Project Management, Project Accounting, Invoicing and Revenue Recognition, Timesheet Management, Expense Management...

  • Interactive Advisory Software by Interactive Advisory Software

    Interactive Advisory Software (IAS) allows financial advisors to run their business more effectively and maximize client service, automating the entire advisory process. IAS is the only fully integrated web-based financial planning, portfolio...

  • Deltek Enterprise Project Management (EPM) by Deltek

    Deltek EPM is an integrated suite of project management software applications for Government Contractors and Agencies that require a compliant solution for ANSI 748 requirements, program controls and earned value management (EVM). Deltek's...

  • ALCIE Project Management & Accounting Suite by ALCIE Integrated Solutions

    ALClE's multi-company Project Management & Accounting Suite provides an enterprise-wide work-in-process system designed to accommodate a wide variety of requirements. Virtually all types of project costs may be recorded. Material, labor and...

  • NetSuite OpenAir by NetSuite

    NetSuite OpenAir software is the world's #1 cloud professional services automation (PSA) solution, providing project-based businesses with powerful project management, resource management, project accounting and timesheet and expenses management...

  • Tenrox Project Management Software by Upland Software

    Plan, budget and account for project costs, optimize resource utilization, improve forecasting; and enhance project execution *Project management software* – Plan and budget portfolios and projects; forecast and measure resource...

  • Sage 300 Construction and Real Estate by Sage

    Sage 300 Construction and Real Estate (formerly Sage Timberline Office) has proven accounting and estimating applications, covering the entire project lifecycle. Integrated Sage 300 Construction and Real Estate product suites include accounting,...

  • Sage 100 Contractor by Sage

    Sage 100 Contractor is an integrated business management and accounting system for general and engineering contractors and subcontractors of all trades. The software includes estimating, scheduling, project management, equipment management, payroll,...

  • Spitfire Project Management System by Spitfire Management, LLC.

    In one fully integrated system, you get browser-based construction project management with full collaboration capabilities, plus complete project cost accounting and integrated financial accounting (with Acumatica Cloud ERP or Microsoft Dynamics SL)...

  • ArchAdministrator by PS Software Solutions, LLC.

    Designed by architects and specifically for Architectural and Engineering (A/E) firms, ArchAdministrator has harnessed the power of the multi-layered relational database to simplify the task of recording, organizing, and analyzing the wide variety...

  • InFocus by Clearview Software

    InFocus is a all encompassing financial management solution that is functional in the following areas of your business: * Accounting * Billing * Project Management * Project Reporting * Project Forecasting & Planning * Resource...

  • Deltek Vision by Deltek

    Powerful Software for Project-Related Businesses At any given moment, effective decision-makers need to understand how your business is performing, why problems occur, the impact on the business, and what you can or should do to enhance...

  • Spectrum Construction Management Software by Dexter + Chaney

    Version 14 is the most innovative new version of software in Dexter + Chaney’s 30+ year history. With v14, Spectrum enters the cloud. But we’ve done much more than simply move our existing software to a hosted environment. We’ve completely...

  • Infor CloudSuite Business by Infor

    *Power your company with a cloud-based operations platform built for speed, agility, and growth.* Strategic decision-making is essential for any small or medium size organization, no matter if it’s B2B or B2C. Next-generation companies thrive...

  • Project Insight by Metafuse

    Project Insight, by Metafuse, Inc., is the leading mid-market enterprise project management solution that bridges experienced project managers with team members that need an 'easy to use' project solution. Project Insight is 100% web-based and...

  • Intacct by Intacct

    Intacct provides professional-strength, on-demand financial management and accounting applications for small and mid-sized businesses. Get the same power, functionality, reporting and security that traditional legacy on-premise systems provide, but...

  • Acumatica ERP by Acumatica

    Acumatica Cloud ERP provides all of the features of traditional accounting, financial, and ERP software, but is web-based so it is less expensive to maintain, centrally managed, and accessible from anywhere. Customers can purchase a license and...

  • Dynamics SL by Microsoft

    Microsoft Dynamics SL (formerly Microsoft Business Solutions—Solomon) is designed to meet the specific business management needs of project, service, and distribution-driven organizations, including companies in these industries: *...

  • Business ByDesign by SAP

    The SAP Business ByDesign cloud-based solution (formerly referred to as code name A1S) is a new addition to the SAP offerings for small businesses and midsize companies. It is targeted to the unmet needs of these enterprises, which have...

  • ProContractor by Viewpoint® by Viewpoint Construction Software

    ProContractor by Viewpoint® is an all-in-one cloud software solution that helps small to mid-sized contractors handle the complexities of the entire project lifecycle. With an all-in-one solution, you have end-to-end control and seamless...

  • Dynamics NAV by Microsoft

    Dynamics NAV is an ERP product developed by Microsoft for small and mid-market companies. The solution offers product functionality covering financial management, supply chain management, manufacturing, project management, and service...

  • NetSuite by NetSuite

    NetSuite enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; order management and fulfillment; inventory management; finance; ecommerce and Web site management; and...

  • Budgetrac Real Estate Developer Software by Budgetrac Systems

    Budgetrac is a complete integrated project costing and financial system designed specifically real estate developers and homebuilders. It combines a strong back office accounting solution with a comprehensive project control, powerful property...

  • Corecon V7 by Corecon Technologies

    Corecon’s flagship product, Corecon v7, is a powerful and user-friendly web-based suite of software that offers a complete solution for managing project information, from preconstruction though project closeout. Utilizing the latest web...

  • The Plus Series by Contractors Software Group

    A fully integrated but modular solution for small to medium sized builders and contractors. It consists of fully integrated lead tracking, follow-up marketing, contract management, customer service, estimating, proposal writing, document creation,...

  • eSUB Project Management by eSUB Inc.

    eSUB Project Management establishes and standardizes a documentation system for specialty and general contractors based on industry best practices. Create, store and access all your construction documents and project management activities from one...

  • Norming Professional Service Automation System by Norming Software International

    The Norming Professional Service Automation System is a powerful and flexible business management software designed with industry leading technology to automate and control the most vital activities and processes of a professional service...

  • ajeraComplete by Axium

    Axium's ajeraComplete software for architecture and engeineering firms offers all of the features of ajeraCore plus project management and planning tools, forecasting for business development and customized reports. Our integrated business...

  • Beyond Software by Beyond Software

    Built with project oriented organizations in mind, Beyond Software makes it easy for you to manage projects and run your business. Our all-in-one project management and accounting software ties together project management and accounting in one...

  • Professional Services Automation by Changepoint

    Whether you are searching for Professional Services Automation (PSA), Services Resource Planning (SRP) or PPM for Services, the solution is still the same. Improving customer acquisition, service delivery, financial health and customer management...

  • Oracle ERP Cloud by Oracle

    Oracle Cloud ERP is an integrated suite of business modules comprised of the Oracle Financials Cloud, Oracle Project Portfolio Management Cloud, and Oracle Procurement Cloud. ## Oracle Fusion Financials Cloud Service Oracle Fusion Financials...

  • Isah Business Software by Isah Business Software

    A passion for the manufacturing industry. Isah Business Software is an international software company that develops, sells, implements and maintains business software in all sectors of the make to order manufacturing industry. Based on...

  • Infor SunSystems PSA by Infor

    ## Improve service delivery In today’s highly competitive global marketplace, companies must work harder than ever to manage their most valuable assets—people and projects. Whether companies have internal or external clients, they...

  • MAESTRO by Maestro Technologies

    Specific modules are associated with each of these business types. General Contracting * Estimating * Project Management * Subcontracts * Change Orders * Progress Billing * Project Costing * General Accounting * Canadian...

  • Tenrox PSA (Professional Services Automation) by Upland Software

    Multi award winning and leading professional services automation software for today’s project-based global dispersed businesses. PSA software helps manage your professional service practice or internal IT office. Helps manage resource...

  • Sage 500 ERP by Sage

    Maximize your operations, insight and competitive advantage to stay ahead of the pack. Sage 500 ERP solutions (formerly Sage ERP MAS 500) provides customizable enterprise resource planning software designed to run every business function at peak...

  • Backroom Accounting by Backroom Management Services, LLC

    Backroom Accounting software was created by an accounting professional, not a programmer. It is easy to use, fully integrated and tracks your financial information in a manner that is in alignment with your company goals. Complete general ledger...

  • Apogee ERP by Vision/R4

    The apogee enterprise solution is a truly integrated cross-industry world class ma-nagement software. Designed with a modular concept, each application software fulfills a specialized role in the support of the client’s mission. Organized...

  • HansaWorld Enterprise by HansaWorld

    At its core Enterprise offers the typical Enterprise Resource Planning (ERP) modules of accounts, order processing, stock, manufacturing and job costing. By offering a range of Customer Relationship Management (CRM) modules, such as email, document...

  • Technisoft Service Manager by Technisoft

    Technisoft Service Manager is a full integrated ACCPAC solution focusing on the Service and Job Management industries. It is the Front End product that will drive your business on a daily basis and assist in the planning, controlling and organizing...

  • Ascente by Compusource

    Since being founded in 1971, Compusource has become a recognized leader in integrated field service software for the service and construction contractor industries. Ascente contractor software is an integrated solution that serves as plumbing...

  • TRAVERSE by Open Systems

    TRAVERSE is an ERP system from Open Systems, Inc. offering financial, operations, and sales functionality. Traverse provides comprehensive integration for key business processes, while offering the ability to scale from 5 to 500 users....

  • Government Accounting Software by Advanced Business Systems

  • Data Pro by Custom Design db, LLC

    Custom Design db offers a variety of customized applications to accommodate your specific needs. Each software application is focused to a specific type of work or process or industry. Our applications are customized to fit your business so that the...

  • Epicor E10 ERP by Epicor Software

    Guided by the need of today’s users, Epicor ERP is a global enterprise resource planning solution that delivers the choice, flexibility and agility to drive growth and opportunity throughout your business. * Track, measure, and monitor your...

  • FIELDBOSS by FieldBoss

    FieldBoss automates workflow for companies in the field service industry. It allows those companies to dramatically improve their efficiency and reduce their operating costs while improving the level of customer service that they can provide to...

  • Unanet Project Portfolio Financials by Unanet

    Unanet provides one software for people, projects and financials; integrating project tracking and management with timesheets and expense reports, resource forecasting, project accounting, receivables, payables, general ledger and cost pool...

  • COINS by Construction Industry Solutions

    COINS is a total solution for contracting: winning contract, performing contracts, performing maintenance contracts, and managing the business. COINS software can be accessed securely using in-house networks, via the Internet, or from wireless...

Your Project Portfolio Management Software Recommendations

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