Project Portfolio Management, IT Financial Management Blog

Why Upgrade? What's the value?

By Jason Waugh, HP Professional Services WW Strategy & Solutions 

Over the past few years I've found that organizations generally embark on project and portfolio management (PPM) tool upgrades without much justification or business case analysis, basing their upgrade primarily on new features, enhancements and extended support.  Then around a year ago, I noticed that organizations were starting to ask "Why Upgrade?  What's the value?"  Business cases were required and the organization was tasked with demonstrating sufficient value to offset the costs of the project (internal resources, consulting, training, etc).

This opened up the question of how to measure the value of these new PPM upgrades compared to older versions?  We asked ourselves the same question and developed an upgrade ROI calculator for HP PPM Center upgrades.  The tool is based on a model that looks at the PPM Center user base, the importance and relevance of each new feature to an organization, and typical tasks handled by different groups of users.  This model generates the expected quantitative benefits with the new version against what is not available in the old version.  This helps companies calculate ROI, expected payback period, and understand areas of greatest impact.

The PPM Center upgrade ROI calculator tool has been launched, and we'd be happy to work with you on using it as you secure funding for PPM Center upgrade projects.  Right now I know that many customers are on the PPM Center 7.1 or 7.5 platforms and looking to upgrade to PPM Center 8.0.  If you're interested in the tool and would like to use it, please contact me.


| ‎02-20-2010 02:54 PM

This post was mentioned on Twitter by HPSoftware: New HP PPM Center blog post: Understand how to calculate the ROI of an HP PPM Center upgrade

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