PPM Studio announces its latest release with a broader suite of project & portfolio metrics to enhance PMO maturity.

Online, April 7, 2010 (Newswire.com) - Irvine, CA - April 6th, 2010 - SemanticSpace Technologies, a specialized IT Services provider offering Systems Integration and Application Management Solutions, released the latest PPM studio version to include additional metrics, equipping PMO & Project Managers with enhanced project & portfolio visibility, management and control.

The latest release offers several 'off-the shelf' reports at the project dashboard level that were hitherto available on a customized basis. These reports include Actual Effort by Function, Burn Down Charts for Agile project management, Cost Of Quality, Cost Variance, Defect Causes, earned Value, Effort distribution by Resource, Effort Variance, Planned Effort by Function, Risk Monitoring, Schedule Variance.

PPM Studio's latest release enables improved work-group communication within the enterprise while quickly establishing uniform industry standard methodologies like PMBOK, PRINCE2, Agile development & CMMi. It combines comprehensive project management capabilities for rapid software iterations and releases with integrated workflow for requirements, test cases and defect tracking thereby catalyzing higher levels of productivity

Speaking on the occasion of the latest release, Shivaji Mukthavaram, Vice-President (Product Engineering) said "This release is yet another milestone in our relentless quest for continuous improvement even as PPM Studio has rapidly evolved as a flexible, scalable & adaptable solution capable of delivering in any operating environment.

PPM Studio helps streamline and enhance project execution while simultaneously delivering greater value from IT investments .PMO is gaining increased responsibility, influence and acceptance within the business as a strategic enabler of business change. Organizations with a centrally managed PMO experience perceive it as a strategic asset when it comes to business decision. PPM Studio always stands first to improve the PMO Maturity of the community by bringing all: People, Process, Technology and Financials working towards a common goal of Better Business maturity.

About PPM Studio

PPM Studio is an end-to-end, scalable, enterprise project portfolio management solution that helps organizations in managing IT projects from inception to delivery. This solution has been developed by SemanticSpace Technologies, a specialized IT services provider with a proven track record of over 1000 successful project executions across diverse technology platforms.