Traditional Portfolio Management (PPM) tools do not solve the real business problem.
Portfolio Management aims to help the CIO and senior IT and Business management execs make the right decisions about funding or killing projects and applications. However that requires accurate information from downstream development and maintenance/ operational activity on project/ application costs and benefits.
Purely focusing on PPM and not on the whole Application Lifecycle results in inaccurate and delayed information, insufficient involvement of the overall organization and face the possibility of inaccurate decisions about project and portfolios.
An ALM approach is needed for effective PPM! For a truly integrated ALM/ PPM solution, please visit http://www.digite.com