Cherwell Software, LLC, (“Cherwell”) a global leader in enterprise service management, announced a way for businesses to improve cross-project visibility enabling organisations to easily prioritise projects and improve project outcomes. The new Cherwell Project and Portfolio Management product is available today as part of its expansion into the broader service management market at large.
Cherwell Project and Portfolio Management, which can be deployed stand-alone or as an add-on for existing Cherwell® Service Management (CSM) customers, gives teams real-time views into project status and resource utilisation, improving productivity and reducing the total cost of ownership. The solution was demoed today at the 2018 Cherwell EMEA Conference (#CherwellConference).
“Many organisations have ad hoc project management practices and tools and want to improve maturity, while others have expensive legacy PPM solutions that offer complex features they are paying for, but can’t take advantage of,” said Scott Gainey, Chief Marketing Officer, Cherwell Software. “With Cherwell Project and Portfolio Management, we’re trying to meet our customers where they are, with a solution that centralises demand management into a single system, enabling prioritisation of projects and requests while also improving resource utilisation.”
Cherwell Service Management provides a flexible solution that can offer reduced cost and complexity over legacy systems. With Cherwell Portfolio and Project Management, organizations at any point on the organisational maturity scale can more effectively gain:
- Strategic alignment
- Demand management
- Resource optimisation
- Insights and reporting
Cherwell Project and Portfolio Management builds on ITIL® service portfolio management by evaluating service and associated IT project requests against the organisation’s strategic objectives, projected business value, costs, and required resources. Project managers are able to reduce time and effort spent collecting and rationalising data by consolidating project tracking and reporting onto a single system.
For more information about Cherwell Project and Portfolio Management, please visit www.cherwell.com/products/project-portfolio-management.
About Cherwell Software
Cherwell (@Cherwell) empowers organisations to transform their business through the rapid adoption and easy management of digital services. Cherwell’s adaptable platform has enabled thousands of organisations to modernise their business operations with customizable service management, automation, and reporting across the enterprise. For more information, visit: www.cherwell.com.