Group Dynamics

By Joshua Weinberger  |  Posted 2003-10-01 Print this article Print

Group Dynamics: Project-Portfolio Management

What it is: Software that helps companies prioritize technology initiatives by financial metrics and strategic value.

Key players: Business Engine, Kintana‡, Niku, Pacific Edge, ProSight.

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: 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

    Assistant Editor
    After being on staff at The New Yorker for five years, Josh later traveled the world, hitting all seven continents in a single year. At Yale University, he majored in American Studies, English, and Theatre Studies.


    Submit a Comment

    Loading Comments...
    Manage your Newsletters: Login   Register My Newsletters

    Rocket Fuel