Enterprise Project Management Software

Enterprise project management software helps businesses accurately measure and control scope creep (costs, time and resources) and consistently deliver projects that are in alignment with business goals to ensure project success. These tools come as a full suite solution, or as separate tools for niche buyers, with functionalities such as project portfolio management, resource management, risk management, demand management and project analytics.

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Recommendations: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.
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Showing 1 - 20 of 361 products
Showing 1 - 20 of 361 products

monday.com

monday.com, an award-winning collaboration and project management platform, helps teams plan together efficiently and execute complex projects to deliver results on time. monday.com team management and task management tool allows ...Read more

4.59 (2508 reviews)

42 recommendations

Moovila

Moovila is best suited for PMOs looking to add sophistication and accountability to projects. Dynamically manage your projects with the robust project management functionality, advanced automation, easy reporting, and Intelligent...Read more

4.52 (23 reviews)

39 recommendations

Workzone

Workzone is a project management solution that offers document management, project collaboration, customizable reporting, resource and task management and time tracking. The software is cloud-based and offers automated emailed rep...Read more

4.74 (170 reviews)

30 recommendations

BQE CORE Suite

BQE Core makes it easier and more profitable to run your business. It organizes information, automates repetitive tasks and allows your firm to spend more time providing service to your clients instead of managing internal process...Read more

4.42 (553 reviews)

19 recommendations

ProjectManager.com

ProjectManager is a project management software solution that offers features including project planning. budgeting, time tracking, task management, document management and reporting. ProjectManager also offers Gantt chart funct...Read more

4.10 (328 reviews)

19 recommendations

Easy Projects

Easy Projects is an award-winning collaborative work management platform designed to equip and enable medium to enterprise level companies to achieve quantifiable operational improvements. Whether in-house or remote, team members ...Read more

4.39 (235 reviews)

18 recommendations

Smartsheet

Smartsheet is a work execution platform and collaboration tool with a familiar spreadsheet-like interface that helps teams plan, track, and manage projects in real-time. Smartsheet features include a range of project management to...Read more

4.48 (2335 reviews)

14 recommendations

BigTime

BigTime is an online time and billing solution designed to serve professional service firms like accounting, engineering, government contracting, legal and IT services. The integrated solution offers features like time and expense...Read more

4.59 (571 reviews)

11 recommendations

LiquidPlanner

LiquidPlanner is a transformative project management solution for teams that want to plan, predict, and perform beyond expectations. It was designed to align your people, projects, and priorities to ensure the right people are wo...Read more

4.30 (639 reviews)

10 recommendations

Planview Clarizen

Planview Clarizen is an award-winning enterprise work management solution for project portfolio management (PPM) and professional services delivery teams. The solution enables PMOs, EPMOs, PSOs, and ESOs to gain real-time visibil...Read more

4.24 (169 reviews)

10 recommendations

Software pricing tips

Read our Enterprise Project Management Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Quickbase

Quickvase is a low-code application development platform that enables organizations to unite information, people, and workflows within distribution in a single, cloud-based platform. Unlike traditional software solutions, Quickvas...Read more

4.45 (243 reviews)

9 recommendations

Scoro

Scoro is a cloud-based professional services solution for small to midsize companies in advertising, consulting, IT and other industries. The solution provides a control hub that displays pending tasks, account information, key pe...Read more

4.64 (174 reviews)

8 recommendations

Project Insight

Project Insight (PI) is award-winning work & project management software that helps companies manage and visualize projects, allocate personnel, streamline accounting, and track what work is being done throughout their entire orga...Read more

4.37 (56 reviews)

7 recommendations

Mavenlink

The Mavenlink, now Kantata, Industry Cloud for Professional Services™ is a powerful collection of operational management, resource optimization, business intelligence, integration, and workflow automation functionality that optimi...Read more

4.19 (568 reviews)

5 recommendations

SAP S/4HANA Cloud

SAP S/4HANA is a cloud-based and on-premise enterprise resource planning (ERP) solution. It is suitable for small, midsize and large businesses in industries such as automotive, engineering, construction, mining, research and deve...Read more

4.29 (262 reviews)

5 recommendations

Workamajig

Workamajig is a cloud-based HTML5 project management solution designed for creative ad agencies and in-house advertising teams of all sizes. Key features include opportunity tracking, project management, time tracking, resource ma...Read more

3.74 (292 reviews)

4 recommendations

Wrike

Wrike is a cloud-based project management platform for teams of 20+ that is suitable for both large enterprises and SMBs. It supports remote work for various teams. This solution comes with Gantt charts, calendars, workload view f...Read more

4.25 (1757 reviews)

3 recommendations

Projectric

Projectric is a cloud-based solution that enables organizations to manage their entire portfolio of projects. Ensure that the initiatives with the highest impact are identified, utilize resources, and measure results. From project...Read more

5.00 (1 reviews)

3 recommendations

Replicon

Replicon's advanced timesheet functionality lets businesses track valuable information including check-ins/outs, task progress, and billable/non-billable hours. The invoice module allows users to build custom invoices, examine pay...Read more

4.50 (434 reviews)

2 recommendations

Coda

Coda is a comprehensive solution that combines documents, spreadsheets, and building tools into a single platform. With this tool, project managers can track OKRs while also brainstorming with their teams. Coda includes built-in t...Read more

4.65 (72 reviews)

2 recommendations

Buyers Guide

Last Updated: June 24, 2022

The Project Management Institute's (PMI's) Pulse of the Profession 2018 survey reveals that businesses waste a significant amount of money—"$99 million for every $1 billion invested"—on poor project performance.

The report also finds that the key reason for poor project performance is that businesses are not able to close the gap between project strategy and execution.

This is where enterprise project management (EPM) software comes into the picture.

EPM software, such as project portfolio management (PPM), can help businesses identify high-value projects and align them to business strategy.

Using these solutions, business can identify projects risks, monitor progress and analyze employee performance metrics, which help in improving project quality and processes.

However, there are many enterprise solutions out there and making the right choice means selecting the one that fits your current and future project management needs. There are many factors that should influence your software purchase decision: from the project management practices (waterfall or agile) your business follows to the niche requirements of your project management teams.

You should also research whether software vendors you're considering are adopting the new technologies that are redefining project management, such as project management bots and predictive analytics, to ensure you're investing in a solution that will remain relevant in the face of technology disruptions.

In this Buyer's Guide, we'll look at these and other considerations that buyers of enterprise project management software should have top of mind. Additionally, we'll look at the key features, benefits and uses cases of EPM solutions.

Here's what we'll cover: What Is Enterprise Project Management Software?
Common Features of Project Management Software
What Type of Buyer Are You?
Benefits and Potential Issues
Key Considerations

What Is Enterprise Project Management Software?

Enterprise project management software helps businesses accurately measure and control scope creep (costs, time and resources) and consistently deliver projects that are in alignment with business goals to ensure project success.

These tools come as a full suite solution, or as separate tools for niche buyers, with functionalities such as project portfolio management, resource management, risk management, demand management and project analytics.

Project delivery reporting dashboard in Clarizen

Project delivery reporting dashboard in Clarizen (Source)

Additionally, EPM solutions offer features typical of small business project management solutions, such as task management, document management, project collaboration, mobile applications and integrations.

 

Common Features of Project Management Software

Enterprise project management solutions offer a wide variety of functionalities that can meet different business needs. For instance, if your business needs a solution for managing IT projects, then demand management is a key feature that will help you accommodate ongoing changes in projects owing to new feature requests from stakeholders, adopting technological changes, managing competition and more.

Similarly, businesses can use the features of enterprise project management tools to gain insights into top performing projects in a portfolio, improve team collaboration, manage employee work and more.

Project planning and management Plan projects with timelines and task schedules using built-in templates. Access reports such as burndown charts to track project progress and upcoming milestones.
Project portfolio and program management Manage projects from initial concept to final delivery. Create risk-return profiles to compare initiatives so that all the projects within a portfolio align with strategic goals and deliver business value.
Reporting Monitor key performance indicators and export data for a snapshot of current standing. Analyze data and compare with previous reports to better understand organizational performance.
Project collaboration Allow teams to collaborate and communicate effectively via centralized online workspaces where they can view each other's activity streams and project calendars and discuss projects via chat or by commenting on tasks.
Resource capacity planning and management Assess employee skill levels and allocate resources across multiple projects based on skill sets and availability. Practice resource capacity planning and ensure that high priority projects are staffed first.
Security and user management Check for flexible security options, which includes data encryption, as well as user management functionalities for controlling user permissions and setting up single sign on (SSO).
Demand management Evaluate and manage incoming demands such as new product features, technical changes, operational constraints etc. in existing, planned and unplanned projects, within a portfolio.
Risk management Identify known risks, assign to staff for evaluation and monitoring and create risk management plans. Establish issue/change management protocols to deal with change requests and new issues that arise during project execution.

What Type of Buyer Are You?

Buyers evaluating enterprise project management solutions may fall into one of three categories: large business buyers, best-of-breed buyers and small business buyers.

Here's a quick look at the top concerns of each buyer type when selecting EPM solutions.

  • Large business buyers. These are the ideal buyers of enterprise project management solutions, as they can make use of the full gamut of features offered. In addition to extensive features, these buyers also require built-in third-party and API integrations that allow them to transfer data seamlessly between their existing solutions, which typically consist of enterprise resource planning (ERP) tools and customer relationship management (CRM) software.
  • Small business buyers. Small businesses do not typically want an enterprise project management solution owing to the high cost of adoption. However, since many enterprise tools offer cloud-based pricing models, growing businesses (with fewer than 1,000 employees) can quickly evaluate the uses and benefits of such a solution without spending a fortune on it. The fact remains, though, that SMBs would be better served by simple web-based project management tools or specialized PM solutions designed for their needs such as Kanban tools or task management software.

Benefits and Potential Issues

In a GetApp survey, two out of three (67 percent) of small business respondents say they use Microsoft Project (MSP) for their project management software.

Typically considered a tool fit for large organizations, the solution's popularity with SMBs is largely due to its seamless integration with Microsoft Office Suite.

Since many small businesses and their clients have a default reliance on MS tools, an integrated project management solution that can talk with common tools such as Word, Excel, Outlook and Skype makes project communication and collaboration easy.

Like MSP, most enterprise project management solutions are integrated tools that offer many benefits to small businesses, such as:

  • Saving you the hassle of switching software tools, as these solutions are designed to scale with your business's growing needs.
  • Eliminating the need for you to purchase multiple tools, as these are one-stop solutions with features that support varied use cases.
  • Supporting API and third-party integrations that allow you to customize the solution's functionalities.

The primary downside of enterprise project management software is that these are expensive solutions. Not all SMBs would get the best value for their money by purchasing EPM software, instead they should check out more affordable project management solutions that can get the job done as efficiently.

Key Considerations

Besides understanding the features and benefits of enterprise project management solutions, there are many things to consider before making a purchase decision. Here, we highlight some key considerations that you should keep in mind.

  • Your organizational project management practices. The choice of your enterprise project management solution depends on your project management framework. For instance, if your enterprise is currently undergoing an agile transformation, then the tool you select should offer enterprise agile project management capabilities. Similarly, businesses that have attained a high-level of PPM maturity and have established a project management office (PMO) need full suite enterprise project management solutions, while other large organization with low PPM maturity might not.
  • Software deployment concerns. One of the key things to decide is whether you need an on-premise solution or cloud-based tool. While historically, enterprise-grade solutions have been built as on-premise solutions, the improvements in software security has led to many large businesses preferring cloud-based solutions. This is primarily because cloud-based solutions take less time to set up and are easy to maintain with software upgrades that are seamless and fast.