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 effective collaboration for optimum efficiency

“Leveraging HP’s PPM software has given us the ability to collaborate effectively and efficiently and to deliver critical IT services on-time and cost-effectively.”

Source:

IT Manager, Global 500 Telecommunications Equipment Company

Research by TechValidate

Case Study: Medium Enterprise Banking 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
    • Made project status transparent
    • Managed time and human resources efficiently
    • Streamlined time-consuming and tedious process of reporting to management

Use Case

  • Supports 100-500 users on their HP Project and Portfolio Management solution.
  • The following business units use their HP Project and Portfolio Management solution:
    • Information/Technology
    • Operations
    • Property Management
  • Employs their HP Project and Portfolio Management solution in production to:
    • Capture and manage strategic demands
    • Capture and manage routine maintenance requests (proposals)
    • Maintain visibility of overall status of all in-flight projects and programs
    • Manage project tasks and activities
    • Capture and record time and effort on projects
    • Track and manage the portfolio of proposals and projects
    • Manage project-related costs and budgets
    • Manage actual time spent on project-related activities
    • Manage application lifecycle to maximize the value of investments

Results

  • Described an improvement in demand management in the following areas with their HP Project and Portfolio Management solution:
    • 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
  • 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
    • Fostered team awareness of tasks and assignments
    • Tracked and managing issues and change requests
    • Consistently enforced standards and methodologies
  • Improved resource management using their HP Project and Portfolio Management solution by:
    • Assigning people more efficiently
    • Improving aware of staff assignments and expectations
    • Assigning the best resource
    • We plan to further expand the usage of PPM to cover more of the above benefits
  • Improved overall project success by 20% – 30%.

Testimonials

“HP’s PPM has enabled us to manage our projects and portfolios more efficiently and as such improved implementation and delivery of projects and IT assignments. It has also reduced a lot of painstaking and time-consuming reporting as it provides a single informative source of all the projects and activities which can be viewed from the various angles. We cannot think of doing our job without PPM these days. "

Source:

TechValidate Survey of a Medium Enterprise Banking Company

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

PPM helps manage different proposals

67% of organizations managed different proposals and projects more efficiently by deploying their HP Project and Portfolio Management solution.

Source:

Survey of 9 users of HP Project and Portfolio Management

Research by TechValidate

HP PPM popular use-cases

Please describe how you are employing HP PPM in production today.

Capture and manage strategic demands
73%
Capture and manage routine maintenance requests (proposals)
43%
Maintain visibility of overall status of all in-flight projects and programs
75%
Manage project tasks and activities
68%
Capture and record time and effort on projects
65%
Track and manage the portfolio of proposals and projects
65%
Strategic planning and management for priority discussions on all proposals, projects, programs and assets
38%
Manage project financials to ensure effective cost controls
40%
Track and manage project risks and issues
55%
Track and manage project change requests
57%
Manage project-related costs and budgets
45%
Manage resource allocation and assignment to ensure effective resource utilization
55%
Manage actual time spent on project-related activities
60%
Manage application lifecycle (proposal – project – asset) to maximize the value of investments
23%
Other
15%

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

Source:

Survey of 40 users of HP Project and Portfolio Management

Research by TechValidate

PPM helps with multiple challenges

What were the business and technology challenges you were facing before implementing HP Project and Portfolio Management (PPM)?

It was difficult to manage all our different proposals and projects
71%
It took us a long time to update project financials and status
40%
We started many projects, but never knew if we had the right priority
40%
We had no clear idea what all the projects were that we were working on
52%
Our people were not sure what projects they should be working on
31%
We did not have an effective way to manage capacity and often over committed our people
69%
Other
29%

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

Source:

Survey of 42 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.