R&D Portfolio Management Software Buyer’s Guide
It’s that time of year again: We find more requests for proposals (RFPs) in our inbox during the late summer and early fall than any other time of year. RFPs vary dramatically in length, complexity, and level of ambition. In a spirit of cooperation, allow me to make some suggestions about those RFPs, and about the procurement process in the large. Begin by singing the next line to the tune of The Beatles’ “Revolution”.
You Say You Want a Portfolio Management Software Solution
R&D portfolio management software tools are very useful, but they won’t take the place of an effective process for project valuation, communication, and portfolio decision making. When deployed in the context of an existing process, a portfolio toolkit can reinforce that process and remind users what comes next. We recommend that you clarify what you are looking for by asking your team the following questions: