Thursday, April 22, 2010

Why Project and Portfolio Management Matter More at Recession Time - CIO.com - Business Technology Leadership

Meridith Levinson writes that IT departments are scrapping projects in response to tightening budgets and the ever-deteriorating economy. But this is no time to cut back on project management or portfolio management, experts say.

"High project failure means you're wasting money, and there's even less tolerance for that in a down economy," says Margo Visitacion, a vice president with Forrester Research who covers project portfolio management and quality assurance.
Portfolio management can help you zero in on the projects that are most worth their effort and scant budget dollars, while project management can help you execute those projects most efficiently, IT managers and project management experts say.

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Why Project and Portfolio Management Matter More at Recession Time - CIO.com - Business Technology Leadership

The Future of IT Project Management Software - Computerworld

Stacy A. Goff writes that today's information technology organizations are responding to the most treacherous recession in memory. Their actions range from classic belt-tightening to innovating and improving value-added services in their organizations. A primary value-adding strategy for the most effective organizations is to further improve project management.

In view of this strategy, the project management software industry's future looks especially promising. During the global recession, industrial countries around the world devoted billions in economic stimulus funds for infrastructure and other projects. This has created considerable demand for project management software.

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The Future of IT Project Management Software - Computerworld