Below is summary listing of some of the more prevailing vendors and products on the market, along with a brief statement to help you understand the strength of each product:
Alinean - ROI Analyst (Strong business case analysis, financials capability)
ProSight - Portfolios (PPM & Microsoft Project Server integration)
SAP - xRPM (Relatively new PPM offering)
United Management Technologies (UMT) - Portfolio Manager (Full suite of PPM, PM, & resource management modules; exceptionally advanced financial calculations & metrics)
ValueCurve - ValueDriver4 (PPM with a focus on value realization and performance management)
Welcom - WelcomPortfolio (PPM & integration to P3e and Microsoft Project)
Overall, the category of tools for PPM and IT governance is relatively immature, but growing and changing rapidly. And because the value of PPM is in the method and not the tool, when companies are ready to buy they should evaluate products in this market in terms of functional fit and maturity, technological fit, and industry specialization.
Lower-priced, less-functional products are available in the market, but buyers should be wary of their seduction as vendors acquire and leapfrog each other for the next few years.
Jeff Monteforte is president of Exential, a Cleveland, OH.-based information strategy consulting firm, which specializes in IT governance, information security and business intelligence solutions. He can be reached at jmonteforte@exentialonline.com.