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

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.