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.


 

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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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