Microsoft has a long and successful history with its MS Project project management software solution. Portfolio management requirements crept up on Microsoft: It responded by acquiring UMT — a premier portfolio management application — then moved its thick project management software to a thin workstation environment and deployed both the project and portfolio management solutions on top of its new Web-accessible server solution. The company's flagship enterprise project management (EPM) solution has been augmented by rich portfolio management software, extended reporting capabilities, and transparent scheduling.
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