TECHNOLOGY SUPPORTING PMO SUCCESS

As we analyze the information presented, we see organizations utilizing tools to support the management of their portfolio of projects. The most popular tool respondents are utilizing is project management software (36%) followed by project portfolio management software (26%). There is still 22% utilizing spreadsheets/free tools, 7% utilizing home-grown systems and 9% citing other. This is interesting as we identify the challenge with resource management and prioritization. The benefits of centralized data an organization gains from real-time insights available in a strategic tool is noted when we see those utilizing project management software and project portfolio management software are twice as likely to be more aligned to business priorities.

WHAT ARE YOU CURRENTLY USING TO MANAGE YOUR PROJECT PORTFOLIO?