• There are over 80 different Project Portfolio Management "solutions" (We'll give you the list.)
• Most lack at least one of the two essential value-maximizing tools and many lack both
• Understanding and using some of them requires a virtual Ph.D. in mathematics
• Others are so simplistic that they are useless at best and costly and misleading at worst
• Many were built primarily for project management, not portfolio management

So it is no wonder that most current Project Portfolio Management application users haven't been satisfied with their product choice. In a recent Forrester Research survey, current users were asked “If you had to remake the purchasing decision, would you have chosen the same vendor and product?” Only 30% said that they would purchase the same product again! 

Some of the main reasons that users would not purchase the same product again?

• It was difficult to use
• Didn't deliver the promised results
• Poor customer experience
• Didn't fit with project management processes
• Product wasn't used by the right staff

Many top managers outside of IT departments are just learning about some of the Project Portfolio Management software tools and methods that are available to help improve their portfolio management and save them tons of time and money. Yet even though effective Project Portfolio Management is a proven methodology for dramatically increasing profits and decreasing costs, there are many "solutions" that just don't deliver on those promises.

Why?

With average installation costs in six-figures for many well-known Project Portfolio Management solutions, you need to know the answer to this question before you buy. And you need to know the right questions to ask.

To help you ask the right questions, I've written a FREE five-day e-mail course called "Choosing the Right Project Portfolio Management Tool: 10 Tips You Need To Know". Each e-mail takes just a few minutes to read and will help you select the Project Portfolio Management tool that's right for you.

You'll learn the following:

• Project portfolio management is about maximizing value. How can I be sure that an application will do that for me? You'll find out about some of the key phrases that some vendors use that sound great, but in reality are absolutely not about maximizing value at all.
• What should I look for in terms of project ranking? Ranking projects is at the heart of Project Portfolio Management. Some of the techniques available are excellent and others are pure snake oil. You'll know exactly what to look for - and what to quickly avoid.
• What is "project portfolio optimization" and how can I tell if that's what the application really does? Project portfolio optimization is about finding the best value-maximizing set of projects from billions or trillions of possible combinations. Some software applications talk about "optimization" but don't have a rigorous system at all. You need to know how to tell the difference.
• How do I know if I will be able to use the tool in my organization? Learning how to use the tool and collecting the right data are just the start. Some of the barriers and pitfalls to successfully executing project portfolio management may surprise you.

So whether you're new to project portfolio management applications or you're a professional project portfolio manager, this course will save you hours of time in evaluating project portfolio management applications and help you choose the right product for you.

Extra! Bonus ROI Spreadsheet: Sign-up now and at the end of the course you'll receive a link to download an easy fill-in-the-blanks Microsoft Excel spreadsheet with instructions that you can use to quickly calculate the potential return-on-investment (ROI) of any project portfolio management tool.

Again, the "Choosing the RIGHT Project Portfolio Management Tool: 10 Tips You Need To Know" course and the bonus spreadsheet are FREE and the first installment starts right away. Just fill in your first name and e-mail address in the spaces below.

I pledge NEVER to sell your e-mail address to anyone, and of course you can unsubscribe at any time.

Sincerely,

George F. Huhn

President, Data Machines, Inc.

P.S. These are NOT thinly-disguised sales letters. No companies or specific products are mentioned in the course. Each e-mail takes less than 5 minutes to read so you'll get the critical points you need quickly and concisely. There is no obligation and you can cancel at any time with a single click on the link at the bottom of each e-mail.

P.S.S. After reading the first several installments, some people want the remaining information faster and have asked why I spread the course over 5 days. The answer is surprisingly simple - people remember more information when it is delivered in small increments over several days than if it is delivered in one large chunk.