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PeopleSoft Inc. (Project Management).

PeopleSoft Inc. has released Project Portfolio Management and ESA Warehouse, two new solutions in its Enterprise Service Automation (ESA) suite. With Project Portfolio Management, organizations can evaluate, monitor and compare key performance information on new and existing projects. ESA Warehouse consolidates data from multiple sources for accurate reporting, analysis and insight into operating costs. As a result, companies can choose the projects with the highest projected return on investment (ROT) and manage them to successful completion.

"Companies that adopt project portfolio management tools and techniques for their internal IT departments have the potential to save hundreds of thousands, if not millions of dollars each year," said Ted Kempf, principal analyst at Gartner Inc. "By marrying real-time business intelligence and analytics with transaction systems, project portfolio management solutions help companies make smarter investment decisions."

PeopleSoft Project Portfolio Management has been designed to enable managers to evaluate and prioritize initiatives based on internal goals and predefined metrics such as cost, risk and ROT. Portfolio maps, scorecards and reports enable users to visually analyze and compare projects, and isolate individual projects to drill down into underlying data and reports.

PeopleSoft ESA Warehouse addresses the needs of both enterprise project offices and professional service organizations. PeopleSoft says its ESA solution has been selected or deployed by more than 200 companies, including Sun Microsystems, Siemens Medical Systems and BEA Systems.

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Title Annotation:introduces Project Portfolio Management, ESA Warehouse solutions
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2002
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