Dated: 04th May, 2010
Media Contact:Preetam Kumar, VP –
Direct Marketing & Communications
Tel: +1-949-203-0355 Extn 1569
Email: preetam_kumar@semanticspace.com
PPM Studio’s latest release to aid PRINCE 2 practitioners & enterprises
in taking project and portfolio governance to a better maturity level
PPM Studio enables PRINCE2 practitioners to elevate their IT & Project governance
capabilities with a pre-configured PRINCE2 project management suite.
London, United Kingdom, 04th May, 2010: SemanticSpace Technologies,
a specialized IT Services provider offering Application Management & Systems Integration
Solutions, enhances its flag ship governance solution, PPM Studio, to include a
pre-configured PRINCE 2 based project management metrics & reports suite.
Using PRINCE2 based workflows with inbuilt document and communication management
features, PPM Studio equips enterprises with unprecedented project visibility and
improved work-group communication. It extends its project management capabilities
to Application Life cycle management facilitating project teams to capture business
requirements, risks, issues, project documents, communication & defect tracking
to dramatically improve team collaboration and productivity. It follows the guide
lines given by OGC in Managing & Directing Successful projects with PRINCE2’s latest
2009 version.
Following this release, PRINCE2 practitioners will now be able to configure their
custom project dashboards with frequently used metrics and management reports. PPM
Studio offers pre-configured metrics including planned vs. actual effort, planned
duration vs. actual duration and planned cost vs. actual cost. Other important metrics
available in PPM Studio suite include Earned Value Management, Base Line Comparison
and Resource Capacity management.
To learn more about PPM Studio-PRINCE2, please visit PPM Studio-PRINCE2
Speaking on the occasion of this release, Shivaji Mukthavaram,
Vice-President (Product Engineering) said “Product development environments especially
in UK are extensively using PRINCE2 methodologies to manage their project teams.
PPM Studio-PRINCE2 facilitates a simple, intuitive management framework that streamlines
the complete product management process, while providing strong governance around
multiple development projects”.
PPM Studio assists PRINCE2 tuned enterprises to manage their projects and team activities
including setting up roles & responsibilities, understanding expectations to deliver
and support guidelines when required. It aids Management in setting direction for
project managers, empower them to execute projects within set guidelines in addition
to tracking metrics & monitoring reports.
If you’d like to know more information about this topic or to schedule a customized
product demo with us, please email us at
ppmsales@semanticspace.com