Mar8Written by:SuperUser Account
3/8/2011 9:51 AM 
Carlsbad, CA — March 7, 2011 EPM Live, a global leader in Enterprise SharePoint Project and Work Management applications, announced today its launch of WorkEngine’s Enterprise Portfolio Management Capabilities for SharePoint. Building on its award winning foundation aligned with project and work execution, WorkEngine has extended its core capabilities to include Portfolio Planning, Portfolio Modeling and Portfolio Optimization with an infuses on costs and resources . WorkEngine supports end-to-end Project and Portfolio Management disciplines through the entire life cycle of your projects as well as non-project work.
“This launch marks a critical milestone for businesses looking to maximize return on their SharePoint investment by adding a Project and Work Management Solution to their platform. WorkEngine is now a true end-to-end Enterprise Project and Portfolio Management (PPM) system for SharePoint,” said Joe Larscheid, CEO of EPM Live.
EPM Live has also released a new application, PPM WorkEngine, to align the new capabilities with the business. “Apps are the future; our vision is to not only provide a wide variety of applications that will apply our powerful capabilities to various work such as projects, products and services, but we want our customers to have them at their fingertips, at no additional cost,” said Joe. The WorkEngine product combined with numerous work apps will not only give businesses the tools they need to manage all projects and all work across their organizations, but will do so by accommodating all user maturities and all processes, making the WorkEngine SharePoint platform relevant to any business, simple to deploy and one of the most cost effective systems on the market.
WorkEngine continues to be on the forefront of market demand. The industry needs for PPM will continue to change as well. Gartner's Analyst Daniel B. Stang wrote in the June 7, 2010 release of Gartner's Magic Quadrant for IT Project and Portfolio Management, “An appropriate PPM application should match some immediate functional needs and also support a successive road map toward improving PPM maturity. PPM applications are aimed at automating elements of good organizational processes. Where no good organizational process exists, these applications can do one of two things: "dictate" what organizations should do, or support what they already do or want to do well.” The WorkEngine product helps organizations meet their current business needs as well as plan for the future, improving processes and promoting maturity growth. Dan also stated, “PPM application value is often initially achieved and increased through the definition and tracking of specific key initiatives. With maturity and a few years of use, integration of a PPM application to appropriate data sources, such as IT service management (ITSM), application life cycle management (ALM) and ERP systems, can expand an application's reach and value even further over time.” The WorkEngine work apps are intended to meet this need now, protecting IT investments such as SharePoint and eliminating the need for additional IT systems such as IT service management and application life cycle management.
The WorkEngine product really does revolutionize the way organizations manage work today. WorkEngine’s new Enterprise Capabilities include the following work features:
Enhanced Resource Management in SharePoint:
· Resource Capacity Planning
· Resource What-if Modeler
· Resource Calendars
· Resource Negotiations & Workflow
· Capacity Demand Center for Resource Managers
· Convert Approved Budgets into Resource Requirements
· Manage Resource Capacity Plans from Microsoft Project
· Compare Resource Capacity Plans in your Microsoft Project Plans
Enhanced Cost Management in SharePoint:
· Cost Planner
· Cost Analyzer
· Cost Scenario Modeling
· Configurable Cost Categories Structure
· Unlimited Cost Types (Budget, Forecast, Benefits, Revenue, Actuals, etc.)
· Resource Revenue Forecaster
· Multiple Resource Rates
· Compare Cost Plans with Timesheet Actual Cost
Enhanced Schedule Management in SharePoint:
· Dynamic Gantt Control
· Multiple Work Planner Templates
· Build Team with Skill Replacement
· Work Planner Assignments
· View Resource Workload vs. Availability
· View Resource Workload vs. Capacity Plan
· Update Approvals
These new features will allow organizations to get the full PPM experience from their WorkEngine environment. WorkEngine’s Portfolio enhancements will enable organizations to align investments with corporate goals, manage cost and resources, prioritize strategies, and use scenario modeling to optimize the value of work to the business.
“The upcoming PPM WorkEngine launch will provide our customers with all the functionality they need to manage their work through all stages of the Project and Portfolio Management life cycle. In addition, they will be able to do so right within their SharePoint environment. This has been EPM Live’s vision since day one, “said Joe Larscheid, CEO of EPM Live.
EPM Live will continue to provide cutting-edge, cost effective project and work management solutions leveraging the Microsoft technologies organizations already own to increase the value of their current IT investments. EPM Live’s applications support the entire work and project management lifecycle and provide the necessary efficiencies and indicators for companies to improve their ROI, streamline their business processes and make critical business decisions. EPM Live offers its clients solutions that possess the flexibility and scalability to meet specific industry and methodology needs. These innovative solutions include capabilities such as Portfolio Management, Project Management, Cost Management, Time Management, Resource Management, Service Management, Agile Management, Business Intelligence and Collaboration. These capabilities are all designed to work together or separately to meet any business specific need.
To learn more about WorkEngine:
· Visit the Website
· See “What’s New” (videos included)
· View WorkEngine Product Demo
· Attend an Upcoming or On Demand Webinar (PDUs available)
· Access a Free Trial
· Follow Us on Twitter
About EPM Live
EPM Live is a global leader in Microsoft SharePoint Project and Work Management Solutions. EPM Live's WorkEngine products and services are cutting-edge, revolutionizing the way organizations manage their work. WorkEngine can be consumed online or onsite.
WorkEngine has evolved the Microsoft SharePoint Server stack to a more comprehensive and integrated Enterprise Project Management, Project Portfolio Management and overall Work management system. Building on familiar Microsoft tools, the WorkEngine solution includes web parts, Microsoft Project Add-ins, SharePoint Features, and Industry Best Practices & Process templates designed to work together to help you address your Business Productivity needs.
About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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For additional information: Please contact Heather Champoux at 760-603-9990 or hchampoux@epmlive.com.
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