Project Portfolio Management, IT Financial Management Blog

HP is named a leader in Forrester Wave™: Project Portfolio Management, Q4 2009

By Bruce Randall, Director Product Marketing, HP Project & Portfolio Management




Forrester Research recently released The Forrester Wave: Project and Portfolio Management, Q4 2009 and HP was named a leader for its current offering, HP Project and Portfolio Management Center (PPM). Forrester evaluated 14 total vendors. Forrester observed that “HP continues to build out its vision for managing IT like a business with greater emphasis on executive visibility into the impact and cost of IT investments. HP PPM provides depth in managing various types of IT projects and continues to add integrations and features, such as financial management, that support IT management decisions. HP provides additional depth by opening the door for integrations with other HP applications and third-party apps.”




In addition to the product review aspect of the report, Forrester also discusses the importance of project and portfolio management as an organizational discipline. As I mentioned in an earlier post, PPM is a discipline and toolset that not only speeds time to market for new products, but also helps companies find the best and most effective ways to use their limited investment money.  These capabilities will always be key success factors – no matter how the broader macro-economic environment fares.  Forrester Wave’s authors, Margo Visitacion and Tim DeGennaro comment that “In 2009, a down economy forced organizations to cut back on discretionary spending and labor while trying to meet demand that never diminishes. Although the negative aspects of the down economy are hard to miss, the attendant belt-tightening has also opened the door for new opportunities — provided organizations know when and where to focus.”


 I agree. Daily I hear about customers using HP PPM Center for cost optimization but also to shorten product release times – for both internal and external customers.


This report reaffirms the analysis conducted by Gartner and IDC in their respective project and portfolio industry management reports released in 2009. You’ll be able to read the entire report on the HP Project and Portfolio Management home page in the next few days. 


 


 


 


 


 



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About the Author(s)
  • Brian is a Product Marketing Manager for Application Development Management Solutions with and previously for Project and Application Portfolio Management, with extensive experience in presales and implementation roles.
  • This account is for guest bloggers. The blog post will identify the blogger.
  • The voice of HP PPM. Keep up with us for all things Project and Portfolio Management.
  • I help IT leaders to understand how well IT is performing from a business perspective.
  • Evangelist for IT Financial Management (ITFM), IT Governance and IT Portfolio Management, consulting IT organisations for Close to 15 years on principles of good governance.
  • WW Sr Product Marketing Manager for HP ITPS VP of Apps & HP Load Runner
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