Planview Releases Product Development Market Benchmark Study Results

Findings Indicate Need for Improved Resource Management, Data Analysis, and
Ability to Speed Time to Market
AUSTIN, Texas--(Business Wire)--
Planview®, the leading independent provider of enterprise-wide portfolio
management solutions, today released findings from its Product Portfolio
Management Benchmark Study, which analyzes the pain points, process maturity,
and opportunities for product development organizations. More than 400
participants, representing a diverse cross-section of industry sectors, took
part in the survey, which was managed by independent research firms.

The survey found product development organizations struggle with having too many
projects for their resources, setting achievable delivery dates, and missing
critical market windows. Only 11 percent of respondents said their organizations
constantly monitor and kill underperforming projects, and almost 40 percent said
their projected delivery dates were highly or mostly inaccurate.

Many respondents reported that they make do with technology tools that were not
designed for product portfolio management; this reduces product managers`
strategic view by forcing them to spend more time on data collection and less on
data analysis, which in turn leaves less time to evaluate entry into new
markets.

To overcome against these and other reported challenges, recommendations arising
from this report suggest that product-centric organizations should:

* Understand the real cost of data collection using "piecemeal" tools, by
evaluating the number of disparate solutions being used across the organization
for data collection
* Take time to understand the big picture, and determine the revenue impact of
missing time-to-market targets and critical market windows
* Gain executive buy-in for improving product portfolio management practices by
sharing key issues with management about the product portfolio, such as critical
risk factors and resource capacity challenges, against which current practices
do not mitigate

"The product pipeline is the lifeblood of most organizations, and it is clear
that the process of optimizing time-to-market against constrained resources
continues to be a core business challenge for product development teams," said
Patrick Tickle, Planview executive vice president of products. "This is why the
Planview solution for product development was built from the ground up to help
better balance resources with demand, drive more predictable delivery dates,
understand the true costs of development, and ultimately bring the most
competitive product portfolio to market."

The Planview Product Portfolio Management Benchmark Study is available at
www.planview.com/ProdDevSurvey. For more information, email
ProductPPM@planview.com.

Survey Methodology

To ensure impartial results, the 2009 State of the Product Portfolio Management
benchmark study was conducted by OpenSky Research, an independent third party
research firm. More than 400 participants, representing a diverse cross section
of manufacturing segments and industry sectors, took part in the online survey
managed by Appleseed Partners and OpenSky Research. Survey data was then
provided to Planview for analysis and subsequent publication, with support from
Appleseed Partners and peer reviewers.

About Planview

For 20 years, Planview has been advancing the discipline of portfolio
management, helping our customers change the way they manage people and money to
make better business decisions. With a singular focus on portfolio management,
Planview is the only company that combines customer-driven software, unmatched
domain expertise, and proven best practices to solve each customer`s unique
business problems.

Planview Enterprise®, a market-leading portfolio management application suite,
with Planview PRISMS®, the knowledge base for accelerating organizational
change, delivers measurable business results for IT management, product
development organizations and throughout the enterprise. As an independent,
trusted partner, Planview is committed to interoperability with key management
systems through the Planview OpenSuite™ integration product line. Industry
leaders such as Citi, BP, and EDF, rely on Planview to drive revenue, mitigate
risk, cut costs, create efficiencies, and ultimately give their businesses a
competitive advantage. Privately held and consistently profitable, Planview is
headquartered in Austin, Texas. With offices across North America, Europe, and
Asia-Pacific, the company supports customers in virtually every industry around
the world. For more information, visit www.Planview.com.

Planview, Planview Enterprise, Planview OpenSuite, Planview PRISMS, and the
Planview logo mark are trademarks or registered trademarks of Planview, Inc. All
other product and company names may be trademarks or registered trademarks of
their respective owners.

Porter Novelli for Planview
Lauren Sell, 281-501-2698
lauren.sell@planview.com

Copyright Business Wire 2009