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Pat Sweet sums up the views of four PSA and project management market experts, who see a brighter future for the technology.
Predicting an upturn - Part 2 |
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David Hofferberth: ROI of over 1,000%
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ANALYST FIRM: Aberdeen Group
Interviewee: David Hofferberth, research director, services
execution & control.
Q1. Relationship.
A: Project management is a major component of PSA
solutions, as is resource management and time and expense
management. In organisations where project management is the
primary application used to complete work, many companies
will supplement and integrate their PSA solution with an external
project management solution such as Microsoft Project, or
Artemis.
Other PSA solutions have very powerful project management
capabilities and therefore serve as either a PSA solution
or a project management solution – examples include PlanView
and Primavera.
These supercharged ‘project management’ solutions are also
called project portfolio management (PPM) solutions because
they have additional capabilities that enable them to better
understand all of the projects, their time and cost commitments,
as well as their strategic value to the organisation.
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Consultants' Advisory 2004
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