Which Projects are Worth Your Time? - ' Group Dynamics '
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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
Projects: Management 
