VirtoSoftware, a company that focuses on creating add-ons for SharePoint and Office 365, has introduced product that intends to bring simple resource management to your project portfolio within SharePoint. While the function looks simple on the surface, some of the pitfalls of larger portfolio suites are still a concern.
As a decade-old company, VirtoSoftware has made a living out of focusing on Microsoft shops by enhancing their functionality through SharePoint Web Parts and Office 365 Apps. On April 1, 2019, VirtoSoftware released Virto Project Portfolio Manager (PPM) for Office 365. For those managing a portfolio of projects with a mandate to manage resource capacity, this could be a viable solution. Many small and medium-sized IT shops are trending towards moving their project portfolios from Excel to SharePoint.
While the resource management function appears to focus on many of the elements that make resource management successful, there is still the potential to get caught in the weeds. While the use personal absences are very clearly called out and encouraged (excellent!), accounting for admin and other non-project time (KTLO, operational duties, emergencies) is not.
Another potential rabbit hole is getting caught up in detailed skill hierarchies. The functionality may be useful for more mature organizations, but it’s not the bottleneck for most PMOs.
This note outlines Info-Tech’s Three C’s of Enterprise Collaboration framework to help buyers effectively navigate the collaboration software marketspace.
IBM is changing the terms of its ubiquitous Passport Advantage agreement to remove entitled discounts on over 5,000 on-premises software products, resulting in an immediate price increase for IBM Software & Support (S&S) across its vast customer landscape.
The application portfolio management (APM) tool space can be a confusing one, as many software vendors offer their own take of what APM is. Enterprise architecture, application management and project portfolio management tools offer an APM use case, but these are often quite skewed the primary function of the tool.
KeyedIn released version 7.0 of its flagship product, KeyedIn Projects, featuring support for the transition to an increasingly Agile-focused IT shop. Work is assigned to Agile teams when the individual assignment is impractical.
To provide a single pane of glass for the work done across disparate teams, Planview announced a strategic partnership with Tasktop to expand its Agile Scaler offering. Now, organizations can aggregate the work of various teams into a portfolio and assess status and the financial impact to business objectives and analyze dependencies across different teams.
Earlier this year, Mavenlink announced a PSA-supporting function for targeting and tracking the ratio of billable vs. non-billable time. Consultants get a useful feature, but what about the garden-variety IT knowledge worker?
Wrike’s Laura Quiambao recently blogged about the dangers of employee burnout and highlighted how Wrike Resource can help. It’s tough to argue with her four proposed solutions, but a fifth component is absent from her analysis: engaged, responsible portfolio ownership.
Workfront recently announced its acquisition of Atiim, a leading OKR (Objectives and Key Results) vendor. It plans to offer an integrated tool set called Workfront Goals in the coming year, connecting the objectives tracking front end (OKR software) to its work management application (Workfront, formerly known as @Task).
Planview is marketing its automatic timesheet feature as something that enables capitalization of Agile investments and promotes the scale out of Agile itself. But the real question is: how does the software automatically produce timesheet data?