Gartner Joins Pacific Edge to Discuss Strategic Planning for IT Organizations in the New Economy.

Business Editors, High-Tech Writers

BELLEVUE, Wash.--(BUSINESS WIRE)--May 3, 2001

Pacific Edge Software Inc. (www.pacificedge.com), a leading supplier of project portfolio management solutions for Global 1000 organizations, yesterday hosted the executive Web cast, "Portfolio Management: IT Planning in Internet Time," with Bill Rosser, vice president and research director with Gartner. At Gartner, Rosser supports business management of IT and covers strategic planning, architecture and applications of knowledge management.

During the Web cast, Rosser highlighted the importance of portfolio management to IT organizations and how to achieve an effective management overview that is key to making strategic decisions.

"Is strategic planning worth it in the new economy?" Rosser asked. "Yes, and to succeed at planning you must have an adaptive planning approach that supports a more unpredictable, fast-changing world." Rosser suggested several actions that are key to successful planning:

-- Today's marketplace requires that IT organizations plan in compressed time.
To adapt planning for this time compression, shorten the planning timeframe.

-- Because of the complexity of today's organizations, the IT department should
apply multiple viewpoints to its project data, from which to consider the
alternatives and respond to different environments.

-- To be responsive to changes in the execution process, projects should be set
up in a series of sequential steps so that opportunities exist to stop the
project if it no longer seems viable.

-- Having a single view of the future in unpredictable times is also a weakness
in strategic planning. It is not smart to only look at the most probable
projection of the future (i.e., the most likely scenario). Instead, it is
useful to examine several plausible scenarios and determine the potential
consequences of each one.

"I see many organizations struggle with how to get control in today's fast-paced IT environment," said Scott Fuller, chief technology officer at Pacific Edge. "Projects come and go quickly and priorities constantly shift as companies try and focus on core values. IT projects and spending must become aligned with the corporate strategy and the Project Office(TM) Suite is designed for this very purpose."

Next in its series of CIO Web casts, Pacific Edge hosts renowned author, Geoffrey Moore for, "CIO Survival: Collaborative Management for Changing Times," on Tues., June 5. More information on the Executive WebCast series from Pacific Edge is available at www.pacificedge.com.

About Pacific Edge Software Inc.

Pacific Edge Software is a leading supplier of enterprise solutions that enable organizations to easily manage project portfolios and measure progress toward strategic goals. The company's Project Office Suite includes software and services that connect and power an organization's entire project portfolio, enabling everyone, everywhere to collaborate on and communicate project information. Pacific Edge customers include industry leaders such as Airborne Express, Alcon, AT&T Wireless, Cargill, Costco, Dell and Fidelity Investments. Pacific Edge was founded in 1998 and is headquartered in Bellevue, Wash. Additional information is available at www.pacificedge.com.

Project Office is a trademark of Pacific Edge Software Inc. All other copyrights, trademarks and trade names are the property of their respective owners.