PowerSteering Software, the Software as a Service provider of enterprise project and portfolio management (PPM) products, has introduced its latest product version, PowerSteering 7.1. The release reportedly continues the company’s focus on allowing its customers to turn inert data about portfolios, projects and resources into insights that is said to help improve business results.
The company stated that its new version includes a new visual portal, a new report wizard, and other enhancements. The visual portal provides a dashboard summary of performance metrics, enabling executives and project managers to get visibility into the information that is required. The graphic nature of the visual portal makes it apparent when portfolio investment, spending or resource allocation is out of line with budgets or organisational priorities.
The new report wizard is said to allow customers to create the reports they need for managing their portfolios, projects, budgets, and resources. The company said that, via a point-and-click interface, business users can select the desired data, and set layout, output, and format options without requiring technical resources. The report wizard increases the number of report types available out of the box, and helps report creation by eliminating the need for manual formatting or data manipulation.
Stephen Sharp, CEO of PowerSteering Software, said: All project and portfolio management products allow for time, resource, and project tracking. The real value of a PPM system comes from how easily it allows the organisation to make sense of all that underlying data to make better decisions. The release of 7.1 gives PowerSteering market-leading capabilities in the areas of portfolio visibility and reporting.
According to the company, the new offering also introduces resource management enhancements that include: configurable roles, which allow resource managers to identify resource needs, and set permissions based on roles; resource planning; resource calendars that allow for multiple work calendars within an organisation, such as regional, business unit, or user-specific calendars; and resource pools, which can define groups of users, irrespective of other attributes such as role or location, and assign them to a resource manager.
