TechValidate Research on HP Software Project and Portfolio Management

These pages present data that TechValidate has sourced via direct research with verified customers and users of HP Software Project and Portfolio Management. TechValidate stands behind the authenticity of all published data. Learn more »



809 Data Points Collected

53 Published TechFacts

18 Published Charts

22 Published Case Studies



Featured Research Collections for HP Software Project and Portfolio Management

Curated collections and slideshows of TechValidate research data on HP Software Project and Portfolio Management.



Selected Research Highlights


Research by TechValidate

HP PPM enables greater than 50% improvement in project success

50+ %

A Global 500 banking company improved overall project success by more than 50% by using their HP Project and Portfolio Management solution.

Source:

Senior IT Manager, Global 500 Banking Company

Research by TechValidate

HP PPM enabled significant improvement in the way projects were run and managed

“Centralizing all our project related data into one place and providing real time transparency has significantly improved the way we run and manage projects.”

Source:

Executive, Large Enterprise Financial Services Company

Research by TechValidate

Usage of HP PPM By Business Unit

Which business areas / units are using HP PPM?

Information/Technology
100%
Corporate Real Estate
16%
Marketing
13%
R&D
13%
Operations
38%
Other
28%

Note: this is a multiple-choice question – response percentages may not add up to 100.

Source:

Survey of 32 users of HP Project and Portfolio Management

Research by TechValidate

Case Study: Large Enterprise Financial Services Company

Challenges

  • Addressed the following challenges with their HP Project and Portfolio Management solution:
    • Managed different proposals and projects more efficiently
    • Updated project financials and status efficiently
    • Prioritized projects effectively
    • Made project status transparent
    • Clarified project assignment
    • Managed time and human resources efficiently

Use Case

  • Supports 5000-10000 users on their HP Project and Portfolio Management solution.
  • The following business units use their HP Project and Portfolio Management solution:
    • Information/Technology
    • Corporate Real Estate
    • Marketing
    • R&D
    • Operations
    • HR, Risk &Finance
  • Employs their HP Project and Portfolio Management solution in production to:
    • Capture and manage strategic demands
    • Maintain visibility of overall status of all in-flight projects and programs
    • Capture and record time and effort on projects
    • Manage project financials to ensure effective cost controls
    • Track and manage project risks and issues
    • Track and manage project change requests
    • Manage project-related costs and budgets
    • Manage resource allocation and assignment to ensure effective resource utilization
    • Manage actual time spent on project-related activities
    • Manage workflow and establish multiple program views

Results

  • Described an improvement in demand management in the following areas with their HP Project and Portfolio Management solution:
    • Better alignment of strategic initiatives
    • Increased visibility into future proposals and initiatives
    • Deeper understanding of the trade-offs needed to balance portfolio of projects
    • Improved visibility into the numbers and types of demands coming in
    • Consistent and transparent governance process
    • Comparison of how new ideas match up against existing portfolio of projects
    • Understanding the mix of job roles across the various staff communities
  • Improved project and program management in the following ways with their HP Project and Portfolio Management solution:
    • Gained visibility into project and program status
    • Delivered projects on time
    • Delivered projects on budget
    • Coordinated risk management
    • Understood the actual project costs
    • Fostered team awareness of tasks and assignments
    • Tracked and managing issues and change requests
  • Improved resource management using their HP Project and Portfolio Management solution by:
    • Better planning for supply and demand
    • Assigning people more efficiently
    • Planning further in advance as to when external resources are needed
    • Improving aware of staff assignments and expectations
    • Assigning the best resource
  • Reported a more than 50% return on investment.
  • Improved overall project success by 30% – 40%.

Testimonials

“Centralizing all our project related data into one place and providing real time transperancy has significantly improved the way we run and manage projects.”

Source:

TechValidate Survey of a Large Enterprise Financial Services Company

Research by TechValidate

Case Study: Medium Enterprise Professional Services Company

Challenges

  • Addresses the following challenges with HP PPM:
    • Demand Management/Demand Prioritization
    • Portfolio management
    • Resource management/utilization
    • Project/Program Management
    • Time Management
    • Project/Program/Application Financial Management

Use Case

  • Currently has 100-500 users of HP PPM in their organization.
  • Will upgrade to production for HP PPM 9.20 within next 3-4 months.

Results

  • Chose the following as the most valuable HP PPM 9.20 functionalities based on their environment:
    • Improved user interface: clean and intuitive design for ease of use
    • Integration with HP Application Lifecycle Manager or HP Quality Center
    • Mobile PPM Enterprise mini-application: Access to PPM Time sheets/time management approval mini-app designed specifically for mobile devices such as tablets or smartphones
  • Could achieve the following top benefits with PPM 9.2:
    • Improved user adoption due to improved intuitive user experience
    • Allow both executives as well as PMOs can manage and prioritize IT investments
    • Reduced costs – The integrations enable prioritizing user tasks and work items, efficient management of resources and automation of key administration tasks across PPM and ALM.
    • Consolidated view – Ability to integrate more easily with Application Lifecycle Manager (ALM) giving access to new dashboards /content relating to quality and requirement metrics in addition to time, resource, issues and risks
    • Empowered connectivity- Time sheets approvers (project managers) can connect to corporate Time management system mini-app on the go
    • Support for Bring-your-own-device (BYOD) trend for IT staff
  • Will improve user adoption of PPM by 25-50% through the new features in PPM 9.2.
  • Reduced the time to execute projects by 10-25% due to the new improvements in PPM 9.2.

Testimonials

“The user experience improvements for visibility and navigation on forms will have a big impact on the user community.”

Source:

TechValidate Survey of a Medium Enterprise Professional Services Company

Research by TechValidate

The Impact of Implementing HP Project and Portfolio Management

Please estimate the impact of improved program and project management processes as related to overall project success. (Compared with the process prior to implementing PPM.)

More than 50%: 12%
40% - 50%: 12%
30% - 40%: 12%
20% - 30%: 35%
10% - 20%: 12%
1% - 10%: 18%

Source:

Survey of 17 users of HP Project and Portfolio Management



More to Explore



About HP Software Project and Portfolio Management

HP Project and Portfolio Management Center helps customers overcome these challenges of limited time, cost and resource management at the aggregate level.