Project Management Associates: Adding Strategic Value to Projects through Highly Adaptable Solutions

Project management has grown by leaps and bounds over the last decade with its ability to combine and balance the elements of time, budget, scope, and people. However, while actualizing projects, these elements are often complicated to administer. “It is challenging to demonstrate a project’s value and the budget required to support it to the business units,” says Lou Pereira, CEO, Project Management Associates (PMA). Also, with the expansion of multi-tenant cloud environments and mobility, CIOs are concerned about strategically adopting these technologies for customer satisfaction. PMA—a provider of project portfolio, professional services automation, time and expense management software— enables organizations to view statuses through the entire project life cycle. The company focuses on better predicting a project’s completion time and budget in an uncomplicated manner.

“Our tools deliver easy techniques to organize and manage work, and report the progress conveniently through our solution for the entire enterprise,” explains Pereira. The solutions provided by PMA are available globally and are compatible with any device, elevating mobility. These solutions enable access to information on any particular project and personalize the client’s portfolio. “Personal experience is what matters to us, and our solutions assure that the accessible information is relevant,” adds Pereira. PMA presents a complete project portfolio management solution in two platforms, for professional service organization that focus on billable projects, and for IT organizations that focus on supporting and delivering internal projects. In addition, the company’s PMA Time is a one-timecard for processing projects, payrolls, and tracking employee leaves, while, PMA Expense automates and simplifies expense reporting and reimbursements. One-timecard discards the re-entering procedure and sends the leave records to the respective payroll systems for deducting and collecting balances accordingly. Thereby, the progress is visible in real time, enabling organizations to eradicate the cost of redundant systems.

PMA’s solutions provide a PPM environment that is a perfect blend of financial management and project execution capabilities. Disrupting the portfolio management space, PMA has introduced a new concept called Cadence projects that counters conventional time consuming project management models with better predictability for work that is often considered “other work”.