Alfabet IT Planning & Portfolio Management vs OpenText Project and portfolio Management vs Wrike comparison

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Executive Summary

We performed a comparison between Alfabet IT Planning & Portfolio Management, OpenText Project and portfolio Management, and Wrike based on real PeerSpot user reviews.

Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management.
To learn more, read our detailed Project Portfolio Management Report (Updated: March 2024).
765,234 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The dashboard is the most valuable feature."

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"I like the automated calculations, especially on the resource side. When project managers enter their resource requirements into their staffing profiles, they are automatically translated into labor forecast calculations. PPM automates a significant portion of the forecast calculations. Timesheets are also built-in. We automatically process time sheets and bill them accordingly.""The data provided by PPM is trusted and is available almost immediately; without trusted data there is very less scope of any tool to be successful.""Scenario comparison is the feature most valuable to us and the reason why we decided to choose HPE PPM over other portfolio management products.""Overall, they have a very strong workflow management capability. That's a very strong feature because then you can model any process easily. Whether it is a demand management process, a pipeline management process, or your project delivery methodology, it is much easier because of their workflow management capability.""Micro Focus PPM is flexible and easy to use. It's simple to customize and configure workflows.""I like the ease of customization from an admin perspective. I'm really excited about some of the things that are coming in version 10.0.3 as far as what admins are able to do.""Micro Focus Project and Portfolio Management (PPM) has a very strong workflow engine.""There are so many different pieces of functionality, and we use almost every single piece from deployment to demand, project, resource, and time management."

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"Visibility and organization are the most valuable features of Wrike.""We utilize time tracking and reports most often.""The solution is stable and reliable.""It's a very easy-to-use and flexible tool. We can easily write and create queues for different themes. It's very user-friendly.""In our company, we heavily rely on Wrike. Wrike has helped in communication, managing all sorts of projects and tasks, and having a history of all our correspondence items.""The product is intuitive. It is easy to learn and update. You can follow the project from the beginning till the end with the help of the solution. The tool helps to update the project in seconds.""We can easily write down the tasks and reorganize them as well as have a progression index. Wrike offers several views including a kanban view and Gantt chart view.""The most valuable feature of Wrike is the tag functionality."

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Cons
"The user-experience, enhanced performance, and in-hand governance can be improved."

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"Micro Focus PPM should be less dependent on coding. It could also benefit from some updates to the software architecture. These have been on the roadmap for years now, but they haven't been released.""I was not involved in the initial setup. I know that the project involved a lot of consulting that took a long time.""Reporting; need to be able to provide fancy reporting out of PPM, way it is done in OBIEE etc.""They can make its UI better. Currently, the UI is a bit clunky.""I would also like to see improvement in PPM's reporting and alerts. PPM has reporting capabilities, including HTML reports and portlets. But a majority of clients will build their own reporting platforms, or they will use external reporting platforms like Tableau and QlikView.""Sometimes features in PPM don't work as expected, or our users request a new feature. Typically, our partner vendor can deploy those changes. But there have been a few instances when we had to raise it with Micro Focus because it's beyond the ability of our partner vendor. When we raise the issue with Micro Focus, it sometimes takes time because it needs support from other customers using PPM, not just our bank. It goes through a voting system. Other customers need to vote for the feature. The features that get the most votes will possibly be added.""We had a couple of issues with stability or performance degradation about a year ago, around the time of the initial rollout. Since then, we've only had two unexpected outages that were quickly resolved.""Currently, HPE PPM does not allow “Project” approval, but only simple “Demand Request” approval (mobility)."

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"The product needs to send direct emails to customers updating the latest aspects since it is better to hear directly.""We faced an issue with the Wrike outlook add-on; it is only available for Microsoft Office 365, and not the on-premise version.""It would be great if they could develop more reporting.""What annoys me with Wrike and things that I would like to improve is that you need to have a very organized workflow that everyone in the company follows, and only then will Wrike work.""The response from the website is a little bit slow, and the tool is too expensive for a small team.""This solution could be improved if we were able to better analyze how the application consumes cloud resources as this can cause a delay in performance.""We feel that the actual project reports and roll-ups could be a lot different. We are seeking something more for the dashboard. We would like a high-level dashboard that can be broken down into individual product roll-ups and tasks that are assigned. If you assign someone to a task, it assigns them all of the tasks under that. We want to be able to break those down so that a person doesn't have an 800 task list, for example. We want more separation with that and a higher-level dashboard experience.""Wrike needs to be more responsive to community requests for new features."

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Pricing and Cost Advice
  • "The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license, and the cloud license."
  • More Alfabet IT Planning & Portfolio Management Pricing and Cost Advice →

  • "Support and license management are two hurdles for us. Every time we purchase new licenses, it has taken us half a year to implement those."
  • "It is SaaS without a base fee."
  • "HPE PPM SaaS model is comprehensive, however, the base fee component has customer resistance to its recurring setup,"
  • "Now, we also received an increase in the support license prices, without any advanced notice. At this point, switching to unify all our licensing under HPE and customer support has been poor."
  • "We have an annual license, and it is fairly priced in comparison to that of other solutions."
  • "A large organization will find Micro Focus PPM affordable, but it may be a bit costly for a small or medium-sized company. The license is based on the number of users."
  • More OpenText Project and portfolio Management Pricing and Cost Advice →

  • "Wrike is not so expensive, but I don't know exactly how it compares with other tools. Wrike might not be so cheap when we are using it for a lot of users."
  • "From a pricing perspective, I would rate Wrike a four out of five."
  • "Wrike is expensive."
  • "Wrike is very expensive, and its price is almost $1,400."
  • More Wrike Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The dashboard is the most valuable feature.
    Top Answer:The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license… more »
    Top Answer:The user-experience, enhanced performance, and in-hand governance can be improved.
    Top Answer:Hi, @Cheryl Joseph Micro Focus Project and Portfolio Management solution could be a good candidate, see my review on… more »
    Top Answer:Micro Focus PPM is flexible and easy to use. It's simple to customize and configure workflows.
    Top Answer:A large organization will find Micro Focus PPM affordable, but it may be a bit costly for a small or medium-sized… more »
    Top Answer:The most valuable feature of Wrike is the tag functionality.
    Top Answer:The response from the website is a little bit slow, and the tool is too expensive for a small team. We are a startup… more »
    Ranking
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    8.0
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    1,245
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    8.0
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    4,367
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    Rating
    8.1
    Comparisons
    Also Known As
    planningIT, alfabet planningIT, Alfabet IT Planning and Portfolio Management
    Micro Focus Project and Portfolio Management (PPM), HPE Project and Portfolio Management, HPE PPM
    Learn More
    Overview

    Software AG's Alfabet IT Planning & Portfolio Management Platform provides decision-makers with insight into the IT portfolio to make the right IT investment decisions and to plan how IT will support the business in the future.

    OpenText Project and Portfolio Management (PPM) combines workflows and data to align investments with strategy. Top-down and bottom-up analytics power this strategic portfolio and project management tool.

    Wrike is an online collaboration and project management software bringing together centralized task management and social collaboration features into one real-time workspace. It connects tasks, discussions, and emails to your actual project plan. You get an up-to-date picture of the project and can keep your team aligned with your strategy without boring status meetings. Challenges Wrike helps solve:

    • Data silos: Tasks, discussions and documents scattered across email, Skype, personal computers and spreadsheets
    • Poor visibility into work status
    • Missed deadlines and project failures

    Main benefits:

    • Accelerating project delivery by using a platform your team will actually use and love
    • Keeping all team members on the same page even across borders without lengthy status meetings, long email threads and spreadsheet updates
    • Big picture of project progress with real-time updates and cross-project reports and newsfeed
    • Real-time team collaboration with discussions, files attached to tasks, and a built-in document editor


    Why Wrike?

    • Wrike is a system your team will use. It helps them do their work, not just track it.
    • Wrike can be easily customized to your needs as each team can set up their own workflow.
    • Wrike scales as you grow, providing visibility and ease of use for teams of any size.
    Sample Customers
    FUJITSU, Coca Cola, ING, CreditSuisse, CosmosDirekt, GTA, Echo Entertainment Group, Electrolux, Cern
    Bank Simpanan Nasional, Smart Communications, Aareon AG
    Down Association, Clever Clicks, Sevenly, Palatov Motorsport, LLC, Koch Ink, Opportunity To Do, Quark Software Inc., Transamerican Auto Parts, PlumChoiceÂ, Inc., InScribe, Evisions, Giant Steps, TechRepublic
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Computer Software Company11%
    Government11%
    Insurance Company10%
    REVIEWERS
    Financial Services Firm46%
    Insurance Company15%
    Non Profit8%
    Government8%
    VISITORS READING REVIEWS
    Computer Software Company30%
    Financial Services Firm15%
    Government11%
    Comms Service Provider6%
    REVIEWERS
    Religious Institution15%
    Marketing Services Firm13%
    Construction Company8%
    Financial Services Firm8%
    VISITORS READING REVIEWS
    Educational Organization80%
    Computer Software Company3%
    Manufacturing Company2%
    Financial Services Firm2%
    Company Size
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise10%
    Large Enterprise77%
    REVIEWERS
    Small Business27%
    Midsize Enterprise5%
    Large Enterprise68%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise9%
    Large Enterprise76%
    REVIEWERS
    Small Business70%
    Midsize Enterprise13%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise83%
    Large Enterprise11%
    Buyer's Guide
    Project Portfolio Management
    March 2024
    Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management. Updated: March 2024.
    765,234 professionals have used our research since 2012.