Today, organizations are faced with shrinking budgets and changing business priorities, making the need for rapid decision-making more important than ever. Disjointed systems and business processes inhibit the ability for organizations to align their projects, people, and partners with corporate objectives. As a result, changes in corporate strategy and financial priorities can take months for project teams to implement – wasting valuable time, dollars, and resources.
Project Portfolio Management (PPM) applications address these issues by integrating all project-related information within a single, Web-based enterprise solution. Organizations use PPM solutions to better align and manage their projects, people, and partners so they can achieve greater return on their portfolio of investments.
This document provides an understanding of the value of a Project Portfolio Management solution and offers insight into the types of functionality that must be inherent in such an application. The document also provides specific differentiating insight into the Business Engine Network (BEN) PPM solution.