Sciforma’s Project and Portfolio Management Software Adopted by Canadian Government Business Enterprise

LOS GATOS, CA.-July 19, 2011-Sciforma Corporation, the Project and Portfolio Management (PPM) technology, is proud to announce that its Project and Portfolio Management software has been adopted by Societe De Transport De Montreal (STM), a large public transit government business enterprise in Montreal, Canada.

STM is a large integrated transit network that plays a key role in the infrastructure of Montreal. With four subway lines, 68 stations and 202 bus routes, STM needed a custom, easy-to-use enterprise management tool that could serve as a centralized location for the organization’s massive project portfolio data. The Sciforma consulting team worked closely with the STM team to customize the platform, validate the forms and train STM project portfolio team. The Sciforma PPM tool enables STM to implement long-term strategic plans, break down relevant initiatives into portfolios, and to track and evaluate projects according to defined metrics. The result is an accurate and realistic picture of all the ongoing projects and the project pipeline.

“Sciforma PPM tool provides us with extensive insight into all of our projects, including budget, project evaluation and execution, real-time tracking and reports,” said Maxime Laroche, project portfolio management advisor of Societe De Transport De Montreal. “Having a strong, customizable database ensures that each project performs by constantly monitoring the expected benefits unique to each project. This has helped us improve our productivity and initiate innovative solutions.”

The Sciforma PPM software is a full-featured and exceptionally easy to use enterprise software. It solves the highest priority challenges such as project portfolio management, project and resource planification, time tracking and project collaboration. As a result, the tool provides the predictability necessary for keeping projects on time and on budget. Sciforma PPM software helps users balance resources and properly assess risk by visualizing 'what if' scenarios. It can also help companies select the right projects, decreasing risk while optimizing returns. "STM's adoption of Sciforma project and portfolio software underscores Sciforma’s capabilities to fine tune and customize the program to fit the needs of virtually any size organization,” said Annabelle Stanton, vice president of sales and marketing for Sciforma. “The STM project has been particularly rewarding as we were able to provide solutions to key portfolio management issues. We implemented dynamic reporting to track real-time indicators and to view reports; document and issues management to keep track of document changes; and tracking of project charters and approvals. Everybody at STM is able to access the same information seamlessly and all in one place, which means we’ve met and even exceeded their expectations.”