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[March 25, 2004]
Project InVision International Delivers Project InVision 6.0
New Project Portfolio Management Release Offers Major Enhancements for Portfolio Analysis, Project Delivery Automation and Ease-of-Use
Project InVision International, a leading provider of projectportfolio management (PPM) solutions, today announced the release ofProject InVision 6.0. Built to meet the needs of its large globalcustomers, the new release offers major advancements in portfolioanalysis, project delivery and ease-of-use. The Project InVisionsoftware suite automates the essential business processes of projectportfolio management, enabling companies to align initiatives withcorporate strategy and deliver projects with repeatable success.
This release delivers advanced portfolio management capabilitiesthat are easy-to-use, quick to implement, and cost-effective,commented Matthew Meblin, CEO of Project InVision International. Ouron-demand solutions consistently achieve the industry's fastestdeployment times, so our customers can focus on achieving theirstrategic initiatives, rather than laboring over the implementation ofproject management systems.
Global 2000 companies and government entities are striving towardgreater visibility and improved governance of their projectportfolios, states Matt Light of Gartner Inc. Increasing demand forPPM solutions has made it one of the fastest growing business softwaresegments, growing about 35% to $358 million in new licenses in 2002 --and we expect continued healthy growth, at more sustainable levels,over the next few years. Project InVision International has been aleading innovator in this space, delivering project portfoliomanagement solutions to customers since 1992.
We are equally optimistic in the continued growth of the segmentand in the demand for Project InVision 6.0. As an example, severalglobal consulting firms have implemented Project InVision as thestandard for engagement management across their firms, said Meblin.The Project InVision suite can be scaled to support engagements ofany size, and is easily configured to enable the differingmethodologies employed across various consulting practices. Thesefirms have embedded Project InVision as an essential deliverycomponent for Healthcare, Financial Services, Government andSarbanes-Oxley compliance engagements.
About Project InVision 6.0
The innovations in Project InVision 6.0 enable enterprises toalign initiatives with corporate strategy, increase visibility intoproject portfolios, and deliver projects with repeatable success. WithProject InVision 6.0, companies benefit from the most comprehensivesolution and the industry's fastest deployment times, at a fraction ofthe typical PPM complexity and cost. Included in the Project InVision6.0 suite are innovative new capabilities that focus on three areas:portfolio analysis, project delivery, and ease-of-use. ProjectInVision 6.0 highlights include:
Portfolio Analysis:
-- Portfolio Analysis and Prioritization - Automate the collection of project requests and evaluation criteria needed for executive review and decision-making. Prioritize and select initiatives based on strategic goals and metrics such as cost, risk, and ROI.
-- Project Scorecards - Utilize weighted project scorecards to align projects with corporate strategies and business objectives. Each scorecard is completely customizable to meet an organization's unique prioritization requirements.
-- What-if Analysis - Perform what-if scenarios using advanced filtering and selection capabilities to optimize and balance your portfolio.
-- Enhanced Charting Analytics - View and analyze project portfolios using advanced charting capabilities. New graphical views, available across all modules, include bubble charts, pie and exploded pie charts, bar charts and column graphs.
Project Delivery:
-- My InVision - Through the My InVision portal, team members easily access all the essential information relevant to their role including task assignments, issues, risks, change requests, and more. Management is assured that all action items and deliverables are properly communicated to the appropriate team members.
-- Unlimited Portals - Program portals increase visibility into a program's health, providing an overview of details including schedule, charter, issues, risks, change requests, documents and benefits. Implement an unlimited number of customizable portals for project teams - without programming - to manage the delivery of projects.
-- Knowledge Base - Fast and powerful search capabilities enable immediate access to lessons learned and project templates. Companies learn from their project history to implement best practices for repeatable success.
-- Enhanced Alerts and Notifications - Alerts and email notifications direct users to project hot spots that require immediate attention. Hyperlink directly from your email to the relevant information in Project InVision.
Ease-of-Use:
-- Ease and Speed - The entire Project InVision suite has been redesigned based on extensive user analysis. The new release contains hundreds of time-saving enhancements to simplify complex project management processes.
-- Unprecedented PPM Customization - Project InVision 6.0 continues to lead the industry with the most flexible and configurable solution. This release extends customization capabilities to further automate and enable methodologies, accelerate deployments and adapt to the maturity and requirements of each organization - all without programming.
For detailed information, contact Project InVision Internationalat (888) 763-3555, info@projectinvision.com, or visitwww.projectinvision.com.
About Project InVision International
Project InVision International is a leading provider of projectportfolio management (PPM) solutions to Global 2000 companies. TheProject InVision software suite automates the essential businessprocesses of portfolio analysis and project management, enablingcompanies to align initiatives with corporate strategy and deliverprojects with repeatable success. Partnered with the industriesforemost professional service firms and system integrators, ProjectInVision International delivers solutions to high-profile clients,including AT&T, Catholic Health East, First Health ServicesCorporation, and Henry Schein. Project InVision International, foundedin 1991, is privately held and headquartered in the San Francisco BayArea. For more information, visit the company's website atwww.ProjectInVision.com or call 1-888-763-3555.
Project InVision is a registered trademark of Project InVisionInternational.
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