New evaluation of myPARM project management software by BARC and GPM
The market study «Project Management Software Systems» by BARC and GPM serves as a guide for the selection and introduction of project management software. In this study, you will find an overview of the leading software solutions for project management and can thus compare the various offerings. We are very pleased that the project management software myPARM has been included in the tenth edition of the market study.
The contents of the evaluation
If you are faced with the task of finding a suitable project management software for your company, the study first describes how to determine the necessary requirements for the software, how to find the appropriate software and how to subsequently test it for its suitability. The following topics are discussed in more detail:
- Critical success factors in the selection process
- The phases of the selection process
- Architectures of project management software
- Explanations of software functions
Afterwards, you will find detailed analyses of the individual products on the market based on more than 300 specific criteria. This will help you to orientate yourself on the market and identify which software fulfils the appropriate functions for your requirements.
About BARC and GPM
BARC is an analyst house for business software that supports companies in their digitalisation. Particular emphasis is placed on combining empirical and theoretical research, specialist expertise and practical experience, as well as exchange with all market participants. BARC studies from market research and software tests help companies to make the right decisions. Events on various topics provide an overview of trends and market developments. In addition, BARC offers consulting in the use of software – from strategy and requirements analysis to support during software implementation.
GPM (Deutsche Gesellschaft für Projektmanagement e. V.) is the German member of IPMA (International Project Management Association) and the leading professional association in Germany. With more than 8,000 members, GPM contributes to the further development, dissemination and standardisation of project management and publishes a range of publications on the subject of project management.
Result of myPARM
myPARM is evaluated as follows:
„The software’s project management functions place a clear emphasis on financial functions. (…) From the creation of quotations and cost control, including the purchase orders associated with the project, to the complete accounting of project services, with myPARM, there is hardly anything left to be desired in the financial controlling of projects, which also makes the software an attractive option for service projects or intra-company cost allocation. (…) With its remarkable functions for financial controlling in projects, myPARM is particularly suitable for capital-intensive projects, such as in construction and plant engineering, but also for projects in the field of engineering services in which project services rendered are to be billed.“
We are very pleased with this positive assessment. However, the detailed assessment also showed us where our software still had the potential to be further developed and which additional functions are important for our customers. Therefore, we invested a lot of time in the development of our software, for example to optimise the areas of portfolio management and agile project management.
The complete market study and the full result of myPARM can be found here.
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Would you like to get to know myPARM in a demo presentation? Then make an appointment with us right away!