Cambridge, MA (PRWEB) April 28, 2011
PowerSteering Software, the leading provider of project & portfolio management (PPM) solutions, today announced the introduction of Business-Driven PPM to help organizations accelerate results in IT and beyond.
PowerSteering’s business-driven approach focuses PPM on achieving better results from the initiatives that have a direct impact on business performance. Too often conventional PPM deployments fail to deliver sufficient ROI because they focus on tactical processes that frustrate users and result in poor adoption. PowerSteering’s top-down orientation accentuates the higher value capabilities attainable by better portfolio, demand and resource management and accessible through an easy-to-use, and highly configurable interface.
This distinctive approach capitalizes on major shifts in the market reported by leading industry analysts, including the expansion of PPM outside IT, necessitating software suited to non-technical users; the importance of a top-down application of PPM to drive financial results; and the realization that lengthy implementations and onerous project tracking demands prevent user adoption.
“Until now PPM hasn’t delivered on its full financial or strategic potential. With PowerSteering’s results-oriented approach, organizations can leverage PPM to govern an investment strategy that targets performance goals, reflects corporate objectives, seizes new business opportunities and ultimately establishes competitive advantage,” declared Stephen Sharp, PowerSteering's Chief Executive Officer.
PowerSteering’s innovative PPM perspective, including client examples, capability drivers, and user adoption best practices, are shared in the recently launched blog, “Business Driven PPM.”
Additionally, PowerSteering Founder David Boghossian contributed to Business Driven Project Portfolio Management (Mark Price Perry, J. Ross Publishing, 2011), a new book that examines how to prevent the top 10 pitfalls that can derail PPM success. Mr. Boghossian’s section advocates an incremental approach to PPM implementation to generate the quickest return, highest adoption and most value.
About PowerSteering Software
PowerSteering Software is the leader in business-driven project & portfolio management (PPM) solutions for IT Governance, New Product Development, Performance Improvement, and Business PMOs. Its easy-to-use software provides business executives at BayCare, Frito-Lay, Merck, PolyOne, Shaw Industries, UK National Health Service, US Department of Defense, and over 140 other customers with executive visibility, strategy alignment, and team productivity to drive strategy and accelerate results across the organization.
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