Product Management Programs, Project Management Software, Product Development

Accolade Portfolio Manager Version 5.0

Abstract-- Decision support functions in Sopheon's Accolade help companies pick the right projects to invest in and provide process improvements that help do those projects right.

Accolade's portfolio management (http://www.sopheon.com/) capabilities help you monitor the metrics that matter - ensuring that your organization invests in those projects that maximize value, achieve balance, and enable you to deliver on your strategic objectives. Accolade measures the performance and viability of your new product initiatives using best-practice portfolio metrics, providing a real-time view of project status to inform project-selection and prioritization decisions.

The software automates gate or phase-based product development processes and lets companies improve innovation, cut product development waste, and shorten time to market. Project and portfolio management is an important aspect of the system. Decision support within the system ensures companies are focusing on projects and products likely to generate the highest value to their organizations. Other important features include an idea management and screening module that captures, tracks, and enables objective evaluation of product ideas and a knowledge network facilitates the sharing of information and expertise across value chains to improve the speed and effectiveness of decision-making.

By employing consistent metrics, you eliminate project-selection decisions made with unreliable or partial information, and establish standard criteria for reporting used to support executive decision-making. These capabilities help you bridge the gap between your product-selection decisions and day-to-day project execution.

Portfolio Manager provides a single view of all the projects in your portfolio with real-time project status for easy tracking of projects-at-risk, schedule delays or upcoming critical decisions.

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