Portfolio Managing Is Automated
In large IT shops, automating the management of hundreds of ongoing development projects to ensure they meet objectives and align with business goals has received scant attention.In large IT shops, automating the management of hundreds of ongoing development projects to ensure they meet objectives and align with business goals has received scant attention. But that is beginning to change as vendors such as Mercury Interactive Corp. ramp up their offerings under the banner of IT governance. Last week, Mercury Interactive, of Sunnyvale, Calif., launched the latest release of its Portfolio Management tool along with the new Mercury Portfolio Management Fast Start professional services offering. Both offerings are available now. Mercury Portfolio Management, technology acquired in last summers purchase of Kintana Inc., is designed to help align IT development projects with business objectives, cut IT waste and give large enterprises the biggest bang for their IT dollars.
Release 5.5 incorporates a variety of new features, including enhanced project score cards, metrics and ratings, to better align project priorities with business objectives. "It gives a clear place to start with the right metrics," said Alex Lobba, Mercury Interactives vice president of product management for IT governance.