Wave Report

The Forrester Wave™: Project/Program Portfolio Management, Q4 2012

How The Top 10 Providers Stack Up In A Newly Divided Market

December 20th, 2012
Margo Visitacion, Vice President, Principal Analyst
Margo Visitacion Vice President, Principal Analyst
Phil Murphy, null
Phil Murphy
With contributors:
Kyle McNabb , Rachel Brown

Summary

Demand for business agility fuels adoption of Agile development techniques that can deliver differentiating business technology (BT) solutions within accelerated time frames. Agile development disrupts operations and governance processes such as project/program portfolio management (PPM). That disruption drives a bifurcation in the tools market — traditional PPM doesn't suit the lighter-weight/Lean governance processes that Agile projects require. Organizations that fail to adopt governance processes that span traditional waterfall and Agile will struggle. The largest firms have come to rely on heavier-weight tools with rich resource forecasting features, what-if prioritization scenarios, and multiple capabilities for discerning business value. Hybrid scenarios abound — making tool choice far more difficult than it once was. Forrester's 68-criteria evaluation of PPM vendors identifies the 10 most significant PPM vendors and analyzes and scores them in the context of the market's bifurcation to enable you to navigate this rapidly changing market.

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