Cora Systems
Total Economic Impact Study of Cora Project Portfolio Management Software
Pages
31
Time to read
47 mins
Publication
Language
English
Pages
31
Time to read
47 mins
Publication
Language
English
This document is a Total Economic Impact™ study commissioned by Cora, focusing on the financial implications of implementing Cora Project Portfolio Management (PPM) software. The study aims to provide organizations with a framework to evaluate the potential return on investment (ROI) associated with this software. It details the experiences of four representatives from a composite organization, a US-based global manufacturing company with an annual revenue of $20 billion, who utilized Cora's PPM software. The findings indicate significant benefits, including improved operational efficiency, better project and margin management, and enhanced visibility for management reviews. Over three years, the composite organization is projected to achieve quantified benefits totaling $46.1 million against costs of $16.05 million, resulting in a net present value (NPV) of $30.05 million and an ROI of 187%. The study also discusses unquantified benefits such as improved collaboration and flexibility in project management processes.