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European Organisations Calling Out for Fast, Affordable Project Portfolio Management Solutions
CA Technologies poll at PMI Global Congress 2013 reveals two-thirds of organisations want a PPM solution that can be live in weeks, with functionality added as the organisation matures
Core News Facts
1. European organisations are calling out for easy and affordable PPM solutions, poll conducted by CA Technologies at 2013 PMI Global Congress reveals.
2. Some 64 percent of respondents want a PPM solution that can be live in weeks, to which functionality can be added as the organisation matures.
3. Study finds 91 percent agree that a SaaS PPM model would meet their requirements for centralised, real-time project and resource management, as well as cost and time tracking.
CA Technologies (NASDAQ:CA) today announced the results of a poll conducted at the 2013 PMI Global Congress that reveals European organisations are seeking easy and affordable project portfolio management (PPM) solutions. Some 64 percent of respondents want a PPM solution that can be live in weeks and to which functionality can be readily added as the organisation matures. Respondents also overwhelmingly endorsed Software-as-a-Service (SaaS) as their platform-of-choice for PPM: 88 percent of organisations polled believe on-demand PPM is important, and 91 percent agree that a SaaS PPM model would meet their requirements for centralised, real-time project and resource management, as well as cost and time tracking.
The survey was conducted at the PMI Global Congress 2013 in Istanbul, Turkey, during April 2013. Some 107 professionals in project management from 32 coungtries participated in the survey.
"Business leaders want and value the benefits of PPM, but tight resource constraints and high ROI requirements have reduced their willingness to go through costly, high-effort projects in order to achieve those benefits," says Andreas Lenkeit, Senior Director Solution Sales at CA Technologies in Germany. "The market is demanding scalable solutions that offer the ability to achieve quick wins-and that they can then evolve over time to more proactively manage projects, better align resources and investments, and boost their project success rates."
According to the poll, more than half of all organisations (54 percent) currently have structured project management disciplines in place. However, these structured processes are still being supported by inefficient technology. Almost half of all organisations (45 percent), for example , still rely on Microsoft Excel or spreadsheets to track and report on the project portfolio--while 19 percent rely on an in-house system.
Organisations facing these challenges would benefit from on-demand PPM solution. Without a central platform for managing the project portfolio, decisions regarding the portfolio typically do not align with business strategy, new products don't squarely address key market requirements, and deadlines easily slip. Indeed, when asked in which area they need help in improving their project portfolio, 36 percent of organisations replied "meeting project deadlines". This is followed by "managing scope creep (27 percent) and "meeting customer requirements (22 percent).
Asked to rank the three primary reasons why their organisation uses (or intends to use) a PPM solution, the main driver is to "increase visibility of projects, resources and cost". This is followed by the need to "increase organisational decision making" and to "increase the ability to analyse, report and optimise". A unified platform for PPM would enable these organisations to manage their entire innovation lifecycle and make more informed strategic investments, including the ability to prioritise customer requirements and make more informed decisions on how to invest limited resources.
The single most important attribute of a PPM system that organisations look for when they begin their implementation is "complete integration with other systems", according to 38 percent of respondents. This makes sense: organisations want a PPM solution which provides transparent visibility into the entire portfolio. They also want anyone in the organisation that isn't a user with real-time secured access to be able to submit requests, view critical project information and generate reports. This helps strengthen engagement between the business and IT, while improving collaboration among stakeholders.
The CA Clarity PPM on Demand Essentials package enables organisations to leverage PPM capabilities for centralised project management-with a great focus on minimizing up-front cost, complexity and risk. This package is built upon our years of experience and helps firms get started fast-providing implementation assistance, a complete yet simple delivery model and an easy-to-use, content rich SaaS-based platform. As a result this provides a practical package with the essential capabilities needed to realise the value of CA Clarity PPM with unprecedented ease and speed.
 The poll was not sponsored by PMI and has no connection whatsoever to the PMI Sponsored Research Program. PMI was not involved in the development of the report and does not endorse it or the findings.
The poll was not sponsored by PMI and has no connection whatsoever to the PMI Sponsored Research Program. PMI was not involved in the development of the report and does not endorse it or the findings.
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