Software provides comprehensive visibility into IT projects.

Press Release Summary:



Providing view of development infrastructure, Rational® Portfolio Manager operationalizes business strategies by automating project portfolio management process. It takes user from opportunity identification and prioritization to project execution and closure. Implementation of systematic portfolio review processes, complete with stringent save/kill decision points, enables response from project teams in reaction to market changes and customer needs.



Original Press Release:



IBM Rational Portfolio Manager Helps Enterprises Align IT with Business Objectives



Overview
Project portfolio management is about aligning IT projects and
investments with business priorities. It is about planning and managing projects as a comprehensive portfolio of assets that must produce a specified rate of return to the business. Rational® Portfolio Manager operationalizes your business strategies by normalizing and automating the project portfolio
management process.

The Rational Portfolio Manager takes you from opportunity identification and prioritization to project execution and closure. The implementation of systematic portfolio review processes, complete with stringent save/kill decision points, enables agile response from your project teams in reaction to market changes and customer needs.

Complete visibility into your project portfolio requires accurate project data and the tools to analyze and monitor that data. IBM combines portfolio analysis capabilities, project management best practices, enterprise transformation expertise, and the industry-leading Rational tools to create a 360-degree view of your development infrastructure. This visibility enables enterprises to more rapidly respond to change and build their software development capability as a competitive differentiator.

The Rational Portfolio Manager delivers this complete lifecycle
solution for prioritizing, planning, managing, and measuring IT
projects.

Additional product and competitive product trade-ups are also available.

Planned availability dates
o December 3, 2004: Electronic software delivery
o December 17, 2004: Media and documentation

At a glance
Managing IT according to business objectives requires comprehensive visibility into IT projects and resource assets. IBM Rational Portfolio Manager helps provide this visibility to enable enterprises to align priorities, projects, and people.

With the Rational Portfolio Manager you can:
o Help technical and business stakeholders communicate effectively and make rapid, well-informed allocation decisions when priorities or needs change.
o Optimize skills usage and ensure that all mission-critical resources are productively aligned with high priority projects.
o Schedule and plan projects within the Rational Portfolio
Manager environment, or integrate with a desktop scheduler in a single step.
o Centralize time and expense reporting so that cost variances
and resource usage is calculated in real-time.
o Apply financial measures and other analytic tools, drawing on
technical and financial project data housed in a centralized
repository, evaluate your IT assets as part of an integrated
portfolio, and maximize your overall return on IT investments.

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