7 Standout IT Project Portfolio Management Software

It is a big leap of faith to invest in IT portfolio management software. The software is often expensive, requires months of training, and has a long selection process.
Some companies make the smart decision to switch to traditional project management software over PPM software. This is especially true if their IT team is small and manages smaller projects. Larger companies and enterprises cannot afford to forgo the organizational benefits of PPM software. IT teams are left frustrated and without a solution for their communication, budgeting, and project tracking issues.

There are over 250 PPM solutions available to your company, not all of which are listed on Capterra. Many businesses are overwhelmed and take months, if not years to find the right solution.
A shortlist may be helpful in this process. Here are seven award-winning IT portfolio management software options that I have identified. They are widely used and recognized as industry leaders. I have listed the pros and cons of each and, if applicable, the pricing. I also highlighted recent improvements that may not be covered in previous analyses. These software options are listed alphabetically.
CA PPM

CA PPM provides an integrated approach to the innovation process, including project prioritization, customer tracking and resource analysis. It also offers in-depth reporting.
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Cons:
Price: Prices start at $50,000 per annum for 100 users. Additional users can be added to the plan on a per-seat basis.
Changepoint

Changepoint is recognized as a “Visionary” by Gartner’s IT Magic Quadrant. It bills itself as a business execution management system. This software is all-in-one and includes enterprise portfolio management, project portfolio management, and professional services automation.
Pros:
Cons:
Price: For more information, contact the vendor directly.
Hewlett Packard Enterprise PPM

Hewlett Packard Enterprise’s IT PM software aims to provide enterprise-level data analytics. It is focused on resource allocation, time, and cost.
Pros:
Cons:
Price: For more information, contact the vendor directly.
Microsoft Project Server

Microsoft Project Server is a seamless transition if you are familiar with Microsoft Project. This on-premise solution is part of SharePoint 2016. It excels in investment analysis, visual project management and resource allocation.
Pros:
Cons:
Price: For more information, contact the vendor directly.
Planisware

Plaisware is a company that focuses on product development and offers an end-to-end solution to the entire innovation life cycle.
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Planview Enterprise

Planview’s IT PPM software is resource-focused and guides projects through every stage of product innovation.
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Cons:
Price: Starting at $100,000, on-premise deployment with several hundred resources available for management.
Sciforma

Sciforma is a company that focuses on information technology governance. It aims to be a leader in enterprise-level IT, financial services, and software companies.
Pros:
Cons:
More?
There are many other amazing project portfolio management software that I did not cover. What should be on this list? These products have you ever used? Are you happy with the product? Comment below to let me know!
Are you looking for Project Management software? Capterra’s top-rated Project Management software solutions are listed.