IIL releases new version of project management product

The International Institute for Learning (IIL) has released the second version of its enterprise-wide knowledge management solution, Unified Project Management Methodology (UPMM), adding the international standard for project management - PMI`s PMBOK Guide Third Edition - to a system that already provides flexibility and consistency to organisations.

IIL said in a statement that UPMM 2.0 provides businesses, governments and nonprofits with an easy-to-access electronic knowledge management solution to develop and deploy their own enterprise-wide project management methodology.

The institute said the product delivers a common, scalable and customisable methodology and host of guidelines, templates, examples and other tools right to the desktop, thereby ensuring that everyone in the organisation speaks the same language and uses aligned processes.

The addition of the PMBOK approach ensures organisations can manage themselves according to the international standards and best practices laid out in the authoritative "body of knowledge" published by the Project Management Institute (PMI), a worldwide association whose 205 000 members span 152 nations.

With decades of experience in research and development in technical software products for the scientific and engineering community, software group Cranes has recently announced that it has acquired the global sales and marketing rights for the enterprise project portfolio management solution InventXePM in a bid to reinforce its global growth.

In an exclusive with CXOtoday, T Shankar, executive VP and CFO, and Richard Gall, president, Cranes Software, shared theirs view on the company`s recent initiatives and how the enterprise community would benefit from its latest moves.

Shedding light on the newest offering, Shankar said: "InventXePM is a comprehensive and cost-effective suite of integrated project management applications. It supports total communication, collaboration, and coordination of an organization`s diverse resources to maximize the potential for project success."

On the benefits of the solution, Gall said, "We plan to offer customized solutions and services around our focus product domains by leveraging on our existing product development capabilities, marketing and distribution infrastructure and dedicated domain expertise. With this, we expect to create significant growth opportunity in the near term."