10 Best Project Portfolio Management Tools for 2027

What is Project Portfolio Management (PPM) Software?

Portfolio Management Software is a business solution for managing multiple projects at scale. It makes it easier to understand the resources, timelines, and business goals at the portfolio level, helping organizations coordinate current projects while planning future initiatives. From risk assessment to performance issues, executive-level business insights, resource allocation, and more, portfolio management software does it all.

Portfolio management software offers a range of capabilities to help organizations coordinate projects, allocate resources, and maintain visibility across their portfolios. When evaluating project portfolio management software, we recommend looking for the following features:

Results and outcome management helps organizations measure project performance against business objectives and evaluate whether initiatives are delivering their intended results. This supports more informed tactical and strategic decisions.

Project intake and pipeline management helps teams evaluate proposed projects, prioritize requests, and determine whether initiatives can be completed with available time, resources, and budgets.

Resource management and capacity planning helps managers allocate people, skills, time, and other resources across projects. It also provides visibility into workloads and availability to help prevent overallocation and identify resource constraints.

Change management provides a central repository for tracking and reviewing change requests. Teams can assess the potential impact on project scope, schedules, resources, and budgets before approving changes.

Risk management helps teams identify, assess, and monitor risks across existing and planned projects. Risks can be evaluated by probability and impact, while some platforms offer scenario analysis to assess potential effects on delivery, costs, and resources.

Workflow management automates repeatable processes such as project approvals, change requests, and status updates. This helps reduce manual coordination and maintain consistency across projects.

Team collaboration centralizes project information, documents, and communications so stakeholders can share updates, coordinate work, and resolve issues with greater visibility.

Budget management helps organizations establish project budgets, monitor planned versus actual expenditures, and track costs across their portfolios. More advanced platforms may also support financial forecasting and investment planning.

Strategic alignment and prioritization enables organizations to assess projects against broader business objectives, compare competing initiatives, and focus resources on work that delivers the most value.

Reporting and dashboards consolidate portfolio-level data into reports and visualizations of key performance indicators, including project status, milestones, resource utilization, costs, and risks.

Project roadmaps provide a high-level view of program objectives, project timelines, milestones, and dependencies. They help managers coordinate delivery schedules and communicate priorities across teams and stakeholders.

How to Choose Project Portfolio Management Software

Choosing the right project portfolio management solution for your business can be challenging if you don’t know what to look for. There are so many options to consider, and the above features should help you evaluate tools as you embark on the tools research. As you compare the tools below, consider which capabilities matter most to your organization. An enterprise PMO may prioritize portfolio governance and financial planning, while a software development organization may need portfolio visibility connected to requirements, releases, testing, and risk management.

#1. Planisware Orchestra

Planisware Orchestra provides project portfolio management (PPM) software that helps organizations coordinate project demand, planning, resources, and performance. It provides portfolio-level visibility through consolidated dashboards and reporting, helping managers monitor project progress and make informed decisions. Planisware Orchestra also supports hybrid project planning, workflow management, resource and capacity planning, budget tracking, and timesheets. Its collaboration features allow teams to share documents, comments, and updates in a centralized workspace.

#2. OpenText Project & Portfolio Management

OpenText Project and Portfolio Management (formerly Micro Focus PPM) helps organizations connect strategic planning with project execution. The platform supports project intake, portfolio prioritization, resource and capacity planning, budget tracking, and enterprise reporting. Its dashboards and scenario-planning capabilities help PMOs evaluate competing initiatives, monitor delivery risks, and make decisions about where to allocate resources.

#3. SpiraPlan

SpiraPlan is an enterprise agile project, program, and portfolio management solution designed for organizations managing complex software delivery. It helps teams coordinate projects across programs and portfolios while maintaining visibility into schedules, requirements, testing, risks, and delivery progress.

Geared toward organizations that need consistent governance and traceability, including those in regulated industries, SpiraPlan provides consolidated dashboards for monitoring performance and identifying issues across multiple projects. Its Strategic Outcomes and Portfolio Milestones capabilities also help teams connect high-level objectives with program-level work and key delivery targets. SpiraPlan integrates with software development and testing tools and is available through cloud-hosted or on-premises deployment.

#4. Atlassian Align (formerly Jira Align)

Atlassian Align (formerly Jira Align) helps enterprises connect strategic goals with work across programs, portfolios, and agile teams. The platform provides portfolio roadmaps, resource and capacity planning, dependency management, and consolidated reporting to support large-scale delivery. It also integrates with tools such as Jira and Azure DevOps to connect team-level execution with enterprise planning. Align is part of Atlassian's Strategy Collection and is designed for organizations coordinating work across multiple teams and value streams. It should not be confused with Advanced Roadmaps for Jira, which was previously called Portfolio for Jira.

Organizations using Jira Software Data Center should also consider Atlassian's announced end-of-life timeline, with support ending on March 28, 2029. While Jira Align Data Center is not included in that announcement, teams relying on self-hosted Jira Software may need to evaluate cloud migration or alternatives that continue to support on-premises deployment.

Our work with Saab illustrates why migration capabilities matter when evaluating Jira alternatives. For example, we helped migrate more than 20 projects and 90,000 issues from Jira to SpiraPlan, demonstrating an approach for organizations managing complex development environments. Learn more about SpiraPlan as an alternative to Jira.

#5. ServiceNow Strategic Portfolio Management

ServiceNow Strategic Portfolio Management (SPM) helps organizations align project portfolios, resources, and investments with broader business objectives. Its capabilities include demand management, project prioritization, resource and capacity planning, scenario analysis, and portfolio reporting. Built on the ServiceNow platform, SPM provides centralized visibility into proposed and active initiatives, allowing teams to assess project costs, resource availability, and progress against strategic goals. Its integration with enterprise workflows makes it particularly relevant for organizations managing complex IT portfolios and cross-functional business initiatives.

#6. Microsoft Dynamics 365 Project Operations

Microsoft Dynamics 365 Project Operations is a cloud-based platform that connects project management, resource planning, sales, and financial operations. It helps businesses optimize resource utilization, manage customer projects, and gain visibility into project delivery and profitability. Its features include time and expense tracking, budgeting, project costing, invoicing, and revenue recognition, alongside AI-assisted workflows. Microsoft Dynamics 365 Project Operations is particularly relevant for professional services organizations and other project-based businesses that need to connect service delivery with financial management.

#7. Planview (PPM Pro and Adaptive Work)

Planview offers project portfolio management solutions that help organizations prioritize initiatives, allocate resources, and align project delivery with business objectives. Planview PPM Pro (formerly Innotas) focuses on project intake, portfolio prioritization, resource and capacity planning, and reporting for PMOs. It provides consolidated dashboards, demand management capabilities, and what-if scenario planning to help organizations evaluate resource constraints and competing priorities.

Planview also offers AdaptiveWork (formerly Clarizen One), a configurable project and portfolio management platform with workflow automation, team collaboration, resource planning, and financial management capabilities. Together, these solutions support organizations with different project management needs, from centralized portfolio governance to more flexible work management.

#8. Oracle Primavera

Oracle Primavera P6 Enterprise Project Portfolio Management (EPPM to avoid the mouthful) is a cloud-based tool that helps organizations plan, prioritize, manage and manage complex programs and portfolios. Its capabilities include project scheduling, resource management, portfolio reporting, risk management, and workflow automation.. Primavera P6 EPPM is particularly relevant for construction, engineering, and capital-intensive industries where organizations need detailed scheduling, resource coordination, and oversight of large-scale initiatives. The platform supports both cloud-hosted and on-premises deployment options, and integrates with other enterprise systems through APIs and Oracle's integration tools.

#9. Workzone

Workzone is project and portfolio management software that helps organizations track project progress, coordinate team workloads, and gain visibility across multiple initiatives. It allows decision makers to monitor project status, identify resource constraints, and prioritize work. Other features include project templates, Gantt charts, centralized project requests, task dependencies, time tracking, workload planning, and automated reporting. Workzone is particularly relevant for marketing teams, agencies, and cross-functional departments looking for a centralized way to manage projects. Its current plans include Starter, Team, and Enterprise, with portfolio views available in the Team and Enterprise tiers.

#10. Kantata OX (formerly Mavenlink)

Kantata OX (formerly Mavenlink) combines project management, resource planning, project accounting, collaboration, and business intelligence for professional services organizations. It helps services teams assess staff capacity, coordinate client projects, and monitor delivery performance and financial outcomes. Its emphasis on services operations makes it particularly relevant to organizations managing billable projects and resource utilization.

Honorable Mentions

We’d also like to give a shoutout to these additional vendors whose portfolio management functionality helps companies prioritize and manage projects and resources across a wide range of industries and organization sizes:

Asana

Celoxis

Changepoint

Clarity PPM

Corporator

Birdview

Eclipse PPM

GanttPRO

Gensight

Kanbanery

Monday.com

Proggio

ProjectManager

Scoro

Smartsheet

Sopheon

TargetProcess

Workfront

Wrike

Zoho Projects

Choosing the Right Project Portfolio Management Tool

When selecting project portfolio management software, we recommend looking beyond the number of available features and considering how well each platform supports your organization's workflows, reporting needs, and deployment requirements.For organizations managing complex software development portfolios, we believe the ability to connect strategic goals with requirements, testing, risks, and project execution is particularly valuable. SpiraPlan brings these capabilities together in one platform, with both cloud-hosted and on-premises deployment options. Explore SpiraPlan's portfolio management capabilities or start a free 30-day trial to see how it fits your team's workflows.