Alfabet FastLane vs OpenText Project and portfolio Management comparison

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Executive Summary

We performed a comparison between Alfabet FastLane and OpenText Project and portfolio Management 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: April 2024).
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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 solution has provided us with a view of the truth in terms of our application portfolio."

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"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.""Scenario comparison is the feature most valuable to us and the reason why we decided to choose HPE PPM over other portfolio management products.""The portfolio management and the resource management are the key features.""It's a very detailed tool. As far as an enterprise is concerned, it gives you the flexibility to manage everything: portfolios, projects, finances, proposals, resources, and time... It takes care of even the minor details that need to be captured. The project management functionality is configured really well within the tool. That stands out.""Recent Program Management lifecycle, Program Management aggregation views due to interactive UI (selection of risks, issues, and changes in Program Overview) and “flash look & feel" of this functional chunk, which is different in comparison to other parts of HPE PPM.""Has a powerful workflow engine that allows creation of workflow complexities and processes.""Micro Focus PPM is flexible and easy to use. It's simple to customize and configure workflows."

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Cons
"The initial setup is challenging because it relies on information from different stakeholders."

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"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.""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.""Portfolio scenarios: This is a very powerful feature. However, it’s limited to analyses.""Currently, HPE PPM does not allow “Project” approval, but only simple “Demand Request” approval (mobility).""I was not involved in the initial setup. I know that the project involved a lot of consulting that took a long time.""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.""User interface continues to be poor. The product does not have a similar view in the different modules, e.g., staffing vs financial management, it looks like you are working with a different product and it is not easy to use or intuitive.""The user interface is very, very old and is missing some functions, such as, for example, re-do, follow, and share functions. The UI is not good."

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Pricing and Cost Advice
  • "I am with a third-party so am not privy to costs."
  • More Alfabet FastLane 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 →

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    Questions from the Community
    Top Answer:The solution has provided us with a view of the truth in terms of our application portfolio.
    Top Answer:I am with a third-party so am not privy to costs.
    Top Answer:The initial setup is challenging because it relies on information from different stakeholders.
    Top Answer:Hi, @Cheryl Joseph Micro Focus Project and Portfolio Management solution could be a good candidate, see my review on this product, or if you may need more information to drop me a message.  You can… 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 company. The license is based on the number of users.
    Ranking
    Views
    283
    Comparisons
    149
    Reviews
    1
    Average Words per Review
    802
    Rating
    8.0
    Views
    681
    Comparisons
    307
    Reviews
    8
    Average Words per Review
    1,245
    Rating
    8.0
    Comparisons
    Also Known As
    Alfabet Cloud
    Micro Focus Project and Portfolio Management (PPM), HPE Project and Portfolio Management, HPE PPM
    Learn More
    Overview

    Deliver smart IT solutions faster
    Start managing your IT portfolio in minutes! With Alfabet FastLane in Software AG Cloud, you’ll get answers fast about your IT investments for better cost management, improved agility, and faster delivery of IT innovations for the business.

    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.
    Sample Customers
    Information Not Available
    Bank Simpanan Nasional, Smart Communications, Aareon AG
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Computer Software Company11%
    Manufacturing Company10%
    Government7%
    REVIEWERS
    Financial Services Firm43%
    Insurance Company14%
    Non Profit14%
    Maritime Company7%
    VISITORS READING REVIEWS
    Computer Software Company31%
    Financial Services Firm14%
    Government11%
    Comms Service Provider6%
    Company Size
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise10%
    Large Enterprise71%
    REVIEWERS
    Small Business29%
    Midsize Enterprise8%
    Large Enterprise63%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise9%
    Large Enterprise75%
    Buyer's Guide
    Project Portfolio Management
    April 2024
    Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management. Updated: April 2024.
    768,740 professionals have used our research since 2012.

    Alfabet FastLane is ranked 15th in Project Portfolio Management with 1 review while OpenText Project and portfolio Management is ranked 10th in Project Portfolio Management with 24 reviews. Alfabet FastLane is rated 8.0, while OpenText Project and portfolio Management is rated 7.8. The top reviewer of Alfabet FastLane writes "A clear view for managing portfolio growth, governance, and cost drivers or containment". On the other hand, the top reviewer of OpenText Project and portfolio Management writes "Gives management a cohesive place for tracking business strategies and goals, but cosmetic aspects need work". Alfabet FastLane is most compared with Alfabet IT Planning & Portfolio Management, whereas OpenText Project and portfolio Management is most compared with Jira, Planview PPM Pro, ServiceNow Strategic Portfolio Management, Smartsheet and Teamwork .

    See our list of best Project Portfolio Management vendors.

    We monitor all Project Portfolio Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.