This article will help you quickly compare and evaluate the best product portfolio management tools for managing a range of products with accuracy and ease.
In this post, I’ll share with you a few of the best product portfolio management tools to help you manage, organize, and track all of the products across your portfolio. I will also explain what product portfolio software can do for you and explain how it can benefit your product workflow.
Keep reading and this article will tell you what you should look for in product portfolio management tools. I’ll also provide a simple comparison between some of the best product planning tools on the market today.
What Is Product Portfolio Management Software?
Product portfolio management tools are a way to easily glance across all the products or services you and your team offer in order to better manage, organize, and analyse them.
Product portfolio management software may track product growth prospects and operational risk. This helps you decide which products to grow and which to eliminate.
Product Management Software vs Project Management Software
Project managers and PMOs use similar software to product managers—the acts of managing products and projects have a lot in common.
While in some cases a general work management tool will suffice, there are product management tools designed specifically for managing a product portfolio. In addition to project management or project portfolio management software features, product tools may include special features. These include things like: