Group Dynamics

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

Think you have a handle on your company's technology initiatives?

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.

What's 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 don't 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

  • <12
    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...
    eWeek eWeek

    Have the latest technology news and resources emailed to you everyday.

    By submitting your information, you agree that baselinemag.com may send you Baselinemag offers via email, phone and text message, as well as email offers about other products and services that Baselinemag believes may be of interest to you. Baselinemag will process your information in accordance with the Quinstreet Privacy Policy.

    Click for a full list of Newsletterssubmit