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Hosted project, portfolio management in demand

As businesses tighten their belts in response to the recession, they're turning to project and portfolio management software to help them identify which IT projects are mission critical and to help them execute those projects as efficiently as possible. And increasingly, they're opting for software as a service (SaaS) versions of because they're cheaper and easier to deploy. Here's the tale of two such businesses.

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Moving to web-based PM software

We recently moved to web-based project management software called 5pm (www.5pmweb.com). Before that we tried solutions like Sharepoint, but it's just too expensive to maintain those intranets. With web-based software we don't have to deal with it.

The best thing is that there are many solutions out there right now. We tried about 10-15 before choosing 5pm. So it's a good time to shop around.
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It's about the TEAM

Thanks for a very thorough and informative review of the current status of the online project management marketplace during these uncertain times.
The market, as Clarizen is experiencing it, is indeed a tale of two stories, one - of budget freezes - hence no purchasing whatsoever, two - we need to be more productive with the current hiring freeze or workforce reduction, hence need to use the latest technology to make this possible. Both are heard just as frequently but the growth in sales we are experiencing at Clarizen clearly indicates that the market is ready to invest in solutions that support current operations in a way that increases employee performance and companies' overall operations.

One thing worth mentioning about Clarity vs. Clarizen is that Clarizen sells to the project team whereas Clarity sells to the PMO (Project Management Office) or to the executives seeking advanced reporting features. The current problem with Project Management is far beyond and much simpler than having better insight into project portfolio management. The problem is in the execution of projects, the lack of collaboration and visibility resulting in limited adoption and accountability of team members.

Serve the team with an easy to use and centralized solution, without sacrificing core PM functions, and you will see rapid rewards in project performance, employee satisfaction and a great way to weather the 2008 storm.
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Project Awareness and Control

In response to todays business challenges DOVICO is barely keeping up with the demands from companies with control and awareness in mind. Needing to take charge of cost overuns, the ever tightening budget as well as accountability to other departments is extemely easy with DOVICO Timesheet. With the SaaS model selling for $9.75 per month, the ROI for your projects is a no brainer.

Take control and be aware of your costs with DOVICO Timesheet, here is what some of my customers tell me:
"This week we went live with Dovico in our production environment with approximately 200 users, and have been receiving very positive comments on the “user friendliness” of the timesheet portion of the application. A definite improvement from our prior time tracking tool! As we are using the tool to manage all of our project costs as well as our capitalization spend".

"They set a great example for all project team members and other vendors to follow".

" ... allowed us to identify areas where we have opportunities to improve our staffing mix to resolve resource constraints. It has also allowed us to identify areas where we can improve our processes and by doing so, our efficiency and effectiveness.
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