Assignment:
Strategic portfolio management
You will be looking at some software that claims to be able to manage a large part of the project management process: the Celoxis project management and project portfolio management software. Specifically, you will be carrying out an evaluation exercise relative to this software, much as any IT manager would carry out when making a software selection looking for the "best of breed" in project portfolio management systems. When purchasing new software, two or more candidate systems are chosen and ranked using an evaluation tool to determine the best solution. The ranking process requires careful evaluation of system features, vendor credibility and reliability in the market, peer-company reviews, due diligence reviews, and overall software fit to the company goals and plans.The following items will be assessed in particular:
1. Evaluate software in terms of advantages, disadvantages, and company fit.
2. Rank systems for selection.
3. Provide some in-text references to modular background readings.
As mentioned, for purposes of this exercise you will be evaluating Celoxis. Normally, you would probably be able to have some hands-on experience with tools that you evaluate; however, in the interests of manageability, we will stick to reviewing the information about the system found on the company's website. Carry out your software evaluation by reviewing the screenshots, video, and related product information located at https://www.celoxis.com/index.php.After you review the Celoxis website, write a 2 to 3 page paper, double-spaced.
Start the paper with a brief overview and a description of Celoxis software, uses, advantages, and disadvantages, and your experience with the evaluation process. What are the advantages of using a tool to evaluate technology decisions?