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Project Management

How to Choose Project Portfolio Management Software: A Handy Checklist

Dec 30, 2016

Need a tool to help you link your project back to business objectives? This checklist will help you choose the right project portfolio management software.

Lauren MaffeoAssociate Principal Analyst

Project managers wear more hats than they can count. From prioritizing project tasks and milestones to linking each project back to business strategy, even the best project manager can feel overwhelmed. That’s why the right project portfolio management (PPM) software is a lifesaver.

PPM software helps project managers centralize the time, resources, skills, and budgets they need to smash project and business goals. PPM software’s role is to provide project teams with the insights they need to deliver projects in the most resourceful way possible. Since project teams often span several departments ( sales, software development, etc.), it’s especially important for all team members to manage their work using the same software.

PPM software is often used in large organizations. But small businesses can benefit as well. PPM software grew out of the need for senior leaders on project teams to improve processes and increase portfolio visibility. They needed a strategic way to link this work back to business objectives. Whether you manage a six-person project team or work as a one-(wo)man band, your own projects have this need as well. That’s why selecting the right PPM software can help.

Not sure where to start? Our project portfolio management software checklist will help you choose the right tool to achieve project greatness: