Primavera Prosight Joins the Project Portfolio Management Market

Primavera ProSight joins the growing Project Portfolio Management (PPM) space - so how good is it and what is it about? There are many new players who have introduced products in this growing market and others who have made a point of acquiring products to add to their product suite and their capabilities.

Primavera's acquisition of Prosight in 2006 has given Primavera a leading position in the Project Portfolio Management (PPM) space. This is especially true in the Federal Agency Information Technology (IT) client base. Primavera has had a long history of selling its Project Management suite of tools into government Agencies. Prosight had also been successful in this space and especially into the Agency's IT group. These two companies dominated this market before they joined forces, and we expect them to continue this in the future.

ProSight provides the top-down portfolio management capabilities, while Primavera P6 provides the bottoms up capabilities required by project and resource managers. ProSight has also been very successful in Federal Agencies because it simplifies many of the reporting processes required by the Office of Management and Budget. In the private sector, we have seen Primavera / ProSight be very successful on specific implementations, and expect continued growth with the help of the Oracle acquisition.

Pinnacle Management Systems helped to implement an Enterprise Project Management (EPM) and Application Portfolio Management system at AOL. We used both Primavera TeamPlay (now P6) and ProSight. This was before Primavera acquired ProSight. Based on our experience on this implementation we consider these tools best in class for the PPM space, especially for Asset Portfolio Management.

We see Primavera P6 and Primavera ProSight as an excellent choice for organizations that have the maturity to implement a strong PPM and EPM solution across their Enterprise. ProSight focuses on the Portfolio Management process providing the users with guides to take them through Portfolio definition, planning and analysis. It has wizards that are considered best in class. These are provided to help configure and setup Prosight. Standard graphics are provided to help with decision making and for examining What-if analysis.

Dependencies between portfolios and investments are supported. Like all the Primavera products, there has been a strong focus on scalability and security. Primavera ProSight is built to be deployed to an entire organization. Primavera P6 along with ProSight will continue to grow in the PPM and EPM market.

Expect to see them to continue their dominance in the government space and then grow in the private sector IT space as well.

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