OpenText Project and portfolio Management vs Wrike comparison

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Executive Summary

We performed a comparison between OpenText Project and portfolio Management and Wrike based on real PeerSpot user reviews.

Find out in this report how the two Project Portfolio Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed OpenText Project and portfolio Management vs. Wrike Report (Updated: March 2024).
765,386 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
"There are so many different pieces of functionality, and we use almost every single piece from deployment to demand, project, resource, and time management.""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.""It is very important that the platform gives us a single place where we can measure progress toward goals, as we have weekly meetings with the CTO. We present these consolidated overviews and dashboards to him so that he has an overview of all the projects and can see the status of all the problems that we have and we are working on.""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.""Micro Focus PPM is flexible and easy to use. It's simple to customize and configure workflows.""Resource management: The resource management module is very complete and covers most of the time all needs of customers.""Scenario comparison is the feature most valuable to us and the reason why we decided to choose HPE PPM over other portfolio management products.""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."

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"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.""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.""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.""We utilize time tracking and reports most often.""This is a good tool for project progress tracking and sharing tasks with internal and external parties.""The most valuable feature of Wrike is the tag functionality.""The solution is stable and reliable."

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Cons
"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.""The solution can sometimes be a little inflexible and a bit caustic.""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.""There are some limitations when it comes to attaching receipts. For example, if we are going to buy some non-labor-related assets such as hardware, we are not able to attach the receipts in the Financial Management module in version 9.41.""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.""Reporting; need to be able to provide fancy reporting out of PPM, way it is done in OBIEE etc.""We constantly put in requests for some of the things we need. One of those is being able to export just our standard request type to PDF."

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"It would be great if they could develop more reporting.""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.""We faced an issue with the Wrike outlook add-on; it is only available for Microsoft Office 365, and not the on-premise version.""On one side, it's very easy to create a task with text, but on the other side, it's not very well-formatted. Therefore, it's difficult to track specific data written in a task. We are making templates, but it's not enough to use a template to know the exact status of different tasks. One thing that we are looking for in Wrike is a better workflow. Because we can only move the status of tasks, we can't really manage workflow and send a task to a specific person. This is what is really missing in Wrike as compared to other tools. We are looking to replace Wrike because we need support for workflow. Another issue with Wrike is that they bring a lot of versions of the tool, which it's not so easy. They bring new versions very frequently, and these versions look similar. For example, we are using robots to read the tasks in the tools, which is problematic with Wrike because it is changing very frequently.""Wrike needs to be more responsive to community requests for new features.""The response from the website is a little bit slow, and the tool is too expensive for a small team.""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."

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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: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.
    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, and we have a small team. Wrike's price is almost $1,400, and even if I want to… more »
    Ranking
    Views
    686
    Comparisons
    315
    Reviews
    8
    Average Words per Review
    1,245
    Rating
    8.0
    Views
    4,367
    Comparisons
    3,191
    Reviews
    7
    Average Words per Review
    333
    Rating
    8.1
    Comparisons
    Also Known As
    Micro Focus Project and Portfolio Management (PPM), HPE Project and Portfolio Management, HPE PPM
    Learn More
    Overview
    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
    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
    REVIEWERS
    Financial Services Firm46%
    Insurance Company15%
    Maritime Company8%
    Marketing Services Firm8%
    VISITORS READING REVIEWS
    Computer Software Company30%
    Financial Services Firm15%
    Government11%
    Comms Service Provider6%
    REVIEWERS
    Religious Institution15%
    Marketing Services Firm13%
    Transportation Company8%
    Financial Services Firm8%
    VISITORS READING REVIEWS
    Educational Organization80%
    Computer Software Company3%
    Manufacturing Company2%
    Financial Services Firm2%
    Company Size
    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
    OpenText Project and portfolio Management vs. Wrike
    March 2024
    Find out what your peers are saying about OpenText Project and portfolio Management vs. Wrike and other solutions. Updated: March 2024.
    765,386 professionals have used our research since 2012.

    OpenText Project and portfolio Management is ranked 10th in Project Portfolio Management with 24 reviews while Wrike is ranked 7th in Project Management Software with 58 reviews. OpenText Project and portfolio Management is rated 7.8, while Wrike is rated 8.6. The top reviewer of OpenText Project and portfolio Management writes "It's flexible and customizable, but the support isn't good and it may be too expensive for smaller companies". On the other hand, the top reviewer of Wrike writes "Convenient Tool for Project and Task Management, comes with extra features including Analytics and Reporting ". OpenText Project and portfolio Management is most compared with Jira, Planview PPM Pro, ServiceNow Strategic Portfolio Management, Smartsheet and Microsoft Project Server, whereas Wrike is most compared with Asana, monday.com, Adobe Workfront, Trello and Jira. See our OpenText Project and portfolio Management vs. Wrike report.

    See our list of best Project Portfolio Management vendors and best Project Management Software 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.