Skip to main content
Best Tools
10 Best PPM Tools For 2022: Comparison And Expert Reviews

The Best PPM Tools

Here’s a list of the best PPM tools:

  1. monday.com

    Best PPM tool for workflow customization capabilities

  2. Kantata (formerly Mavenlink + Kimble)

    Best portfolio dashboards for professional services teams with 30+ members.

  3. Wrike

    Best for live tracking of team workloads and capacity

  4. ESPMI

    Best PPM tool for financial administration

  5. Smartsheet

    Best for reporting features

  6. Runn

    Best for growing IT and software teams

  7. Acuity PPM

    Best lightweight PPM tool

  8. LiquidPlanner

    Best for managing shared resources and projects across the portfolio

  9. ClickUp

    Best for multiple portfolio customization and arrangement options.

  10. Celoxis

    Best PPM tool for resource management capabilities

As your company and your team grow, the number of projects you handle increases. This situation can get to a point where it's difficult to consolidate information across company initiatives. PPM tools allow you to see the big picture and keep projects aligned.

The project portfolio management tools in this review can help you see your projects at a high-level view, their progress, and how they relate to other projects. You can use this information to handle communications with different PMs across your organization and align project outcomes to business goals.

How We Picked The Best PPM Tools

We evaluated and compared the most popular PPM tools on the market, both for their reviews and user interface. Then, weighed factors that make software a good option for this level of project management, such as the ones that follow.

  • Resource management – Like resource scheduling software, PPM software with resource planning will help you make better decisions around project planning at the portfolio level. This includes features for resource allocation, capacity planning and resource utilization, managing timelines, and projections.
  • Financial administration – PPM tools should help improve your accuracy in managing financial projections, with functionality for estimating project costs and managing budgets. The best software has the option to manage and streamline payrolls, and payment invoicing in general.
  • Risk management – Risk management tools and change management features enable us to plan accordingly for risks and change requests, make risk response plans, and easily estimate the impact of 'What If' scenarios.
  • Reporting & analytics – Modern portfolio management software must provide multiple options for generating reports. Spreadsheets are a baseline, but there are plenty of modern PPM tools with great data visualization tools for communicating data to stakeholders.
  • Integrations – Because there is no perfect PPM software out there, we need tools that sync or integrate with other project management tools, task management tools, or time tracking tools.
ppm tools logos list

The Digital Project Manager is reader-supported. We may earn a commission when you click through links on our site — learn more about how we aim to stay transparent.

Overview Of The Best PPM Tools

Any project portfolio management solution from this list should help you with managing projects and strategic alignment across your portfolio. Let’s begin!

1

monday.com

Best PPM tool for workflow customization capabilities

monday.com is a project portfolio management software that focuses on simple, visually intuitive layouts that help clarify the sequence of work.

Why I picked monday.com: It allows you to allocate & prioritize tasks, use various views in order to see where everything stands, and track multiple projects using dashboards that provide high-level insights in a visual and intuitive way. The platform is completely customizable, so you will be able to adjust it to your workflow. The platform also provides powerful and customizable notifications and automation so you and your team can focus on what’s important.

With monday.com you can plan, manage, and track your budgets in an intuitive interface. You can track expenses, income, their dates, and attach needed files to each item. And thanks to the various columns, you can filter items by many different variables such as status, people, text, time, location and others. Formula columns are also available.

While monday.com doesn’t offer traditional automated reporting, it is built to show the big picture at a glance to help you analyze various aspects of your projects and processes. To learn about the different capabilities that help analyze performance, scope out their detailed explanation here.

monday.com Standout Features & Integrations

Features include resource and project management, time tracking, collaboration, file management, collaborative docs and reporting dashboards.

Integrations include project management apps like Slack, Google Drive, Gmail, Google Calendar, Jira, GitHub, Trello, Dropbox, Typeform, and many more, accessible via Zapier.

monday.com Plans & Pricing

Pricing starts at $10/user/month and comes with a free 14-day trial. They offer a free plan for up to 2 users.

14-day free trial

From $11/user/month

2

Kantata (formerly Mavenlink + Kimble)

Best portfolio dashboards for professional services teams with 30+ members.

Kantata Industry Cloud for Professional Services is the professional services solution formed by the merger of Mavenlink & Kimble. It supports resource management, project management, financial management, and business intelligence. Additionally, it is designed to foster team collaboration and bring your team together in one view.

Their project portfolio management capabilities provide an overview of all your projects in a customizable view that is located in a tab inside the Project Health dashboard. In it, you will find RAG indicators providing quick info on overall health status, margin %, burn rates, risk, and more. Additionally, each item in your scoreboard can take you to more detailed information with a simple hover and click.

Kantata integrates with Slack, Salesforce, Gmail, Workday, Quickbooks, and many other CRM, financials, and HCM tools.

Note: Kantata is a viable option for teams with over 30 people as per their pricing form.

Pricing is available upon request.

Pricing upon request

3

Wrike

Best for live tracking of team workloads and capacity

Wrike is an award-winning, easy-to-use project portfolio management software that is highly configurable and includes AI capabilities that can assess at-risk projects and help to optimize your portfolio. Users can customize workflows, dashboards, reports, request forms, and more.

Why I picked Wrike: Its interface enables users to switch between Kanban boards, interactive drag-and-drop Gantt charts, and traditional workload views, providing a full overview of resources in real-time.

Wrike also features advanced portfolio insights including project and team performance reports, resource management and allocation, time tracking, and more. The reporting features provide an accurate overview of your portfolio to help minimize risk. You can also schedule real-time insights to be sent to your inbox for a picture of overall portfolio health.

Wrike Standout Features & Integrations

Features include pre-built templates, custom request forms, interactive Gantt charts, visual proofing, workflow automations, time tracking, project portfolio management, and dashboards.

Integrations include 400+ pre-built native integrations, including integrations with the most popular file management software from Microsoft, Google, and Dropbox, along with sales and marketing software from Salesforce and Marketo.

Wrike Plans & Pricing

Pricing starts at $9.80 per user per month. There are four different price points, including a free version and plans which offer the ability to invite free external collaborators to a paid account.

14-day free trial

From $9.80/user/month

4

ESPMI

Best PPM tool for financial administration

ESPMI is an end to end PPM tool designed for project teams, programme teams, portfolio teams, and PMO Managers.

Why I picked ESPMI: Financial admin features include the ability to view and track portfolio and organizational budgets and cash flow, as well as benefits realization for measuring and tracking ROI and value of projects and overall portfolios.

ESPMI offers dashboards that provide visibility into risks and issues, and includes capabilities for rating and classifying risks and issues. Users can identify trends and patterns in risk management across portfolios. Reporting capabilities include health indicators for projects and portfolios, as well as other metrics and analytics.

ESPMI Standout Features & Integrations

Features include benefits, RAID logs, people and team members, money and budgets, schedules, governance, and change management, as well as a higher-level strategy for portfolios and projects.

Integrations are not available other than import and export communication.

ESPMI Plans & Pricing

Pricing is available upon request.

14-day free trial

Pricing is available upon request

5

Smartsheet

Best for reporting features

Smartsheet is a spreadsheet-like project management platform. Although it isn’t a dedicated PPM tool, it does have a lot of great reporting features that make it apt for looking at project metrics on both an individual and a high level.

Why I picked Smartsheet: The platform offers some above-average reporting and visualization tools that are useful for portfolio management. For example, real-time metrics and customizable dashboards can be made to display specific project data for each project by modifying a drag-and-drop dashboard interface.

Indeed, reporting is the strongest feature of this tool in the context of managing a portfolio of projects, offering the ability to publish stakeholder-facing reporting dashboards and editable summary reports that you can easily export to Excel.

There are lots of project management and resource management tools, which I consider to be fairly standard among this type of software. You will certainly be able to collect all of the project data you need to analyze a portfolio (budget and spend, resource allocation, capacity, etc) and do the rest with a prebuilt integration to a business intelligence tool like Tableau (below).

Smartsheet Standout Features & Integrations

Features include dashboards, reports that consolidate multiple sheets, workflow automation, resource management, multiple views, forms to collect information, and digital asset management using Brandfolder.

Integrations include Microsoft and Google apps, as well as development essentials like Jira, and useful business apps like Salesforce, ServiceNow, Slack, Box, and Tableau. The platform is extensible through a REST API and webhooks.

Smartsheet Plans & Pricing

Smartsheet has three plans and starts at $9/user/month, with a minimum of 3 and a maximum of 25 users. They offer a 30-day free trial.

30-day free trial

From $9/user/month

6

Runn

Best for growing IT and software teams

Runn is a real-time resource planning and PPM software with integrated time tracking and powerful forecasting capabilities.

Why I picked Runn: The software is extremely intuitive and its Gantt view has drag-and-drop features and a colorful user interface. The free version of this software lets you build unlimited projects and offers a project portfolio view, which makes it perfect for small project teams.

Runn makes the data dynamic and visual. Charts and reports update as you plan your projects, and you can see insights like capacity, workload, availability, and billable and non-billable utilization. Finally, you can keep tabs on KPIs like utilization, project variance, and overall financial performance.

Runn Standout Features & Integrations

Features include resource scheduling, capacity management, project scheduling, timesheets, forecasting, and reporting. All features are available in the free plan.

Integrations include Harvest, WorkflowMax, and Clockify for importing project, client, and people data and syncing time entries. With Runn’s API, you can build your own integration to send data across your favorite tools.

Runn Plans & Pricing

The free version is available for up to 5 users. Paid plans start at $10/user/month.

14-day free trial

From $10/person managed/month

7

Acuity PPM

Best lightweight PPM tool

Acuity PPM is a lightweight portfolio management solution that is a great alternative to spreadsheets.

Why I picked Acuity PPM: The tool includes a beautiful interface to help you manage your project portfolio, as well as fundamental capabilities for getting visibility into your entire project portfolio, managing work intake, prioritizing projects, tracking project performance and status reports, and managing resource capacity.

PMOs can track project portfolios and get insights on project status, store status reports in one place, and view status history across your portfolio. Another great feature is the ability to view portfolio roadmaps and see timing and sequencing for current and potential projects in the portfolio. PMO team members can also score projects using Acuity’s scoring model and then easily prioritize projects.

Acuity PPM Standout Features & Integrations

Features include portfolio tracking, portfolio roadmap, project scoring and prioritization, project request management, and resource capacity planning.

Integrations are only included in the Enterprise plan.

Acuity PPM Plans & Pricing

Pricing starts at $599 per month.

15-day free trial

From $399/month

8

LiquidPlanner

Best for managing shared resources and projects across the portfolio

LiquidPlanner is a project portfolio management solution with built-in Planning Intelligence to assist your planning, scheduling, and managing uncertainty.

Why I picked Liquid Planner: Predictive scheduling dynamically adapts to change and manages uncertainty. The platform runs Monte Carlo simulations across your portfolio which analyzes the probability of your project outcomes based on variable factors. Therefore, you always know in real-time when work will be done.

With LiquidPlanner, you can also experience automatic resource leveling and priority-based planning across multiple projects and dependencies.

Tip: Setting a target start and finish to a project will assist predictive scheduling in calculating within a given timeframe. Add them from the edit project screen.

Liquid Planner Standout Features & Integrations

Features include predictive scheduling, alerts based on target finish dates, automatic resource leveling, workload views, structured priority management, ranged estimates to help you manage uncertainty, and reporting.

Integrations include Slack, and an open API that you can use to build as many custom integrations as you need.

Liquid Planner Plans & Pricing

There are three plans and pricing starts at $15/user/month with a 14-day free trial. You can also access a free plan that is limited to 3 people.

14 days free trial

From $15/user/month

9

ClickUp

Best for multiple portfolio customization and arrangement options.

ClickUp is a project management software that is fully featured and ready to handle your toughest projects. You can access the portfolio feature by clicking on the three dots from the left bar (bottom) and selecting ‘portfolios.’

Why I picked ClickUp: The portfolio view lets you monitor progress around your different projects as it happens, and you can use the prioritization column to highlight the projects that better align with your goals. When you first access the portfolio view, it’s empty. This is on purpose, as ClickUp wants you to select which projects have been shortlisted to be in this important view. Once you create your portfolio, you will be able to add or hide fields from the ‘+’ option on top of the table.

Rearrange them as you like by dragging them up or down, color coding them, or using other custom field options. If you decide to open one of the projects, it will do so in a separate tab.

ClickUp Standout Features & Integrations

Features include real-time reporting, whiteboards and shared documents for collaboration, task management with different views, goal tracking, and templates.

Integrations include native ones with Slack, G Suite, Dropbox, and many more tools, as well as over 1,000+ integrations through Zapier.

ClickUp Plans & Pricing

ClickUp’s free plan is robust and includes all primary features. The unlimited plan starts at $9/user/month and offers additional functionality.

Freemium plan available

$5/user/month

10

Celoxis

Best PPM tool for resource management capabilities

Celoxis is an all-in-one project portfolio management software and work collaboration platform that is a full-featured project portfolio management system, very intuitive and easy to use for teams of all sizes.

Why I picked Celoxis: You get comprehensive resource management capabilities. It lets you easily allocate resources based on skills, roles, and availability as well as view cross-portfolio resource workload to optimally utilize your workforce. You will find tools for capacity planning, demand management, and project requests. When it comes to tracking project financials, you can automatically get cost/revenue estimates from your plans. You can also track budgets, costs, and profits in real-time as well as plug billing leaks by timely invoicing your clients.

Celoxis’ reporting features let you slice, dice, and visualize data your way. You can get aggregated information about your projects with fully customizable portfolio planning dashboards. Celoxis comes pre-built with common workflows to help bug/issue tracking and risk management. These workflows are very adaptable to suit your organizational processes without having to resort to emails and spreadsheets.

Celoxis Standout Features & Integrations

Features include a real-time project tracker, task management, resource availabilities and utilization, timesheets, project finances, risks, issues and to-dos.

Integrations include hundreds of popular business applications through first-class integration connectors and web-based API. This includes critical platforms like Jira, Salesforce, QuickBooks Online, Excel, Slack, Google Apps, and more.

Celoxis Plans & Pricing

SaaS costs $25/user/month, and on-premise costs $450/user one-time. Both require a minimum 5-user sign-up and come with a 30-day free trial.

30 days free trial

From $22.50/user/month

Need expert help selecting the right Project Portfolio Management Software?

We’ve joined up with the software comparison platform Crozdesk.com to assist you in finding the right software. Crozdesk’s Project Portfolio Management Software advisors can create a personalized shortlist of software solutions with unbiased recommendations to help you identify the solutions that best suit your business's needs. Through our partnership you get free access to their bespoke software selection advice, removing both time and hassle from the research process.

It only takes a minute to submit your requirements and they will give you a quick call at no cost or commitment. Based on your needs you’ll receive customized software shortlists listing the best-fitting solutions from their team of software advisors (via phone or email). They can even connect you with your selected vendor choices along with community negotiated discounts. To get started, please complete the form below:

The Best PPM Tools Summary Chart

Here’s a summary chart, so you can easily compare what we just covered.

Tool Free Option Price
1
monday.com

Best PPM tool for workflow customization capabilities

14-day free trial

From $11/user/month Visit Website
2
Kantata (formerly Mavenlink + Kimble)

Best portfolio dashboards for professional services teams with 30+ members.

Not available

Pricing upon request Visit Website
3
Wrike

Best for live tracking of team workloads and capacity

14-day free trial

From $9.80/user/month Visit Website
4
ESPMI

Best PPM tool for financial administration

14-day free trial

Pricing is available upon request Visit Website
5
Smartsheet

Best for reporting features

30-day free trial

From $9/user/month Visit Website
6
Runn

Best for growing IT and software teams

14-day free trial

From $10/person managed/month Visit Website
7
Acuity PPM

Best lightweight PPM tool

15-day free trial

From $399/month Visit Website
8
LiquidPlanner

Best for managing shared resources and projects across the portfolio

14 days free trial

From $15/user/month Visit Website
9
ClickUp

Best for multiple portfolio customization and arrangement options.

Freemium plan available

$5/user/month Visit Website
10
Celoxis

Best PPM tool for resource management capabilities

30 days free trial

From $22.50/user/month Visit Website

Other PPM tools

We’ve prepared a list of additional PPM tools that you might consider:

  1. Forecast

    Best PPM tool for AI and automation capabilities

  2. Accelo

    Best PPM tool for automations

  3. Adobe Workfront

    Best PPM tool for service teams

  4. Portfoleon

    Best PPM tool for growing organizations

  5. KeyedIn

    Best PPM tool for user experience and user interface

  6. Proggio

    Patent based Enterprise PPM solution for professionals

  7. Sciforma

    Best for product development and IT

  8. dragonboat

    Best to connect OKRs with product initiatives

  9. WorkOtter

    Best PPM tool for capacity planning

  10. Perforce

    Hansoft, by Perforce, is an enterprise agile planning tool for decision-making at the project, program, and portfolio levels.

PPM Tools Buyer’s Guide

What Is PPM?

In project management, PPM is project portfolio management. A single project is the elementary cell of an organization. Zoom out, and we have project management, which is concerned with execution and project delivery. Zoom out more, and we see the various projects that an organization takes on. PPM is concerned with making sure these distinct projects are undertaken in a way that complements one another in terms of resources, timelines, and overall business goals.

The person responsible for PPM is called a portfolio manager.

What does a Project Portfolio Manager do?

A project portfolio manager oversees, controls, and leads the tasks associated with project execution within a project portfolio. This person needs the skills of a chess master to adequately lead the team and finish projects, ideally on time and under budget. The responsibility range of this position is immense and often deals with researchers, analysts, and clients as they manage the high-level coordination of projects, following current market trends, and anticipating future ones.

What do PPM tools do and how can they help you?

Project Portfolio Management software - ppm tools

Here are five benefits of using project portfolio management tools.

  1. Keep your project on the right track: You’re as good as the data you have. Use PPM software, like Microsoft Project, to avoid the trap of making poor decisions based on outdated or irrelevant information.
  2. Provide executive-level business insight: Detailed project stats are simply impossible to store in your head. When managing multiple projects, you need software that is able to provide more advanced data—and executives will love you because of it! Proving to stakeholders the value and rationale behind decisions in a concise manner will help you build strong business cases for your projects.
  3. Allocate resources: Driving better business decisions is at the top of every successful business’s priority list. PPM software shows you who’s working on what and for how long, allowing you to allocate and redistribute resources accordingly.
  4. Fix performance issues: When managing a project portfolio, you might start to identify places where the same problems arise on a recurring basis. An effective PPM tool helps you track the project’s health indicators (such as Return on Investment) and identify any unhealthy patterns.
  5. Assess risks: PPM software provides data and transparency into your projects for not only identifying risks but for quantifying them and exploring solutions by way of your portfolio data.

How To Choose The Best Portfolio Management Software For Your Projects

Ask yourself these questions when choosing PPM tools.

What is your PPM maturity level?

According to the Gartner model, you can determine your enterprise’s maturity by placing it into one of the 5 models (in ascending order of maturity):

  1. Reactive – this accounts for all organizations with an ad-hoc approach to projects. There is a minimal requirement for high-end PPM tools, although they’ll prove necessary for growth.
  2. Emerging Discipline – next level of management and approach to projects. It involves the use of basic PPM tools but on a more frequent and advanced level.
  3. Initial Integration – follows a more holistic approach to PPM. This is the point where a larger organization pattern is needed. Risky decisions could surface, and data tracking must be on point.
  4. Effective Integration – This is the point where automation becomes necessary, and a manager needs as much help as possible in order to execute everything on time, and under budget.
  5. Effective innovation – This is the end-game everyone strives for. PPMs are fully utilized on multiple levels, and an Enterprise Project Management Office is installed to facilitate the execution.

What are the main requirements?

Take the time to carefully plan out the requirements that your team has for a PPM tool. Analyze the past work and the potential future projects, and try to make an assessment as objectively as possible. Use this article as a cheat sheet and consult as many sources as you can before deciding on your ideal PPM tool.

How would the PPM tool fit into your workflow?

Think about every tool you and your team use besides a PPM tool. Check for integration compatibility and were in the project lifecycle you are going to integrate the newly acquired tool first.

Ensure the tool is compatible with the project management processes and methodologies your organization uses, whether it’s agile, waterfall, or a hybrid methodology.

How long does it take to set up?

Just keep in mind that your current projects might need to come to a short halt in order to fully integrate a new PPM tool.

Onboarding considerations

Your team will need some time to learn and adapt to the new set of PPM tools that are going to be presented to them. Account for every factor like: time to learn, availability of learning material, training, and support from the software provider, etc.

Think about the support for different native platforms, like Android and iOS, and fit it into your team accordingly. You should also consider whether the software solution is on-premise, cloud-based, or a SaaS.

What's Next?

If you are new to project portfolio management and want to learn from scratch, check out our beginner's guide to PPM. It covers critical steps you must take into account and the benefits of having a portfolio.

If, on the other hand, you are an experienced PM and are looking for more in-depth information about enterprise-level portfolio management, check out what is enterprise PPM and a 5 step plan to implement EPPM .

By Ben Aston

I’m Ben Aston, a digital project manager and founder of thedpm.com. I've been in the industry for more than 15 years working in the UK at London’s top digital agencies including Dare, Wunderman, Lowe and DDB. I’ve delivered everything from film to CMS', games to advertising and eCRM to eCommerce sites. I’ve been fortunate enough to work across a wide range of great clients; automotive brands including Land Rover, Volkswagen and Honda; Utility brands including BT, British Gas and Exxon, FMCG brands such as Unilever, and consumer electronics brands including Sony.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]