Group Dynamics: Project-Portfolio Management What it is: Software that helps companies prioritize technology initiatives by financial metrics and strategic value.Others: Artemis, Changepoint, Lawson, Microsoft, PlanView, Primavera Market size: It depends. $85M in 2002, says Meta Group; $358M, says Gartner. But both estimate roughly $540M by 2005. Whats happening: As buzzwords such as "alignment" get hotter, vendors are pushing portfolio management as a way to satisfy corporations growing desire to make technology heed the whip of profitability. Expertise Online: www.gantthead.com Paul Harder leads discussions on what users do and dont know. How companies* are applying project-portfolio management:
55% To define and document projects and assets
48% To centrally track key projects and assets
23% To provide weighted scores to rank projects
14% To monitor portfolio with automated software
* Survey of 130 senior information technology executives; multiple responses allowed
Companies in italicized yellow type are featured in dossiers this month; Acquired by Mercury Interactive, August 2003 Sources: Survey by Society for Information Management, Kellogg School of Management and DiamondCluster
Key players: Business Engine, Kintana, Niku, Pacific Edge, ProSight.