Report Names Planview as a "Visionary with Substance in the PPM Market"

AUSTIN, Texas — March 13, 2006 — Planview, the leading provider of comprehensive IT management solutions, today announced that it has been named a leader in the March 2006 Forrester Wave™ report, titled "Project Portfolio Management, Q1 2006." Planview was among a select group of companies invited to participate in this report, which rates vendors based on their current product offering, strategy, and overall market presence. Forrester evaluated 12 project portfolio management vendors across 94 criteria. In this report, Planview was top ranked in both corporate strategy and current offering, Planview Enterprise™ ¹. Planview will be demonstrating Planview Enterprise at Forrester's IT Forum 2006: GigaWorld April 3-6 in Las Vegas.

The Forrester Wave Vendor Summary on Planview states: "Planview has long been one of strongest project portfolio management (PPM) tools vendors on the market, and Planview Enterprise is another winner. Enterprise is a robust application that shows breadth in the range of IT work that it can manage and depth in the level of analytics available for decision-making. PRISMS™, Planview's best practices methodology, is another key differentiator that provides a robust set of practices that associates processes with every step of the IT life cycle. Planview Enterprise is a comprehensive application and is not for ad hoc organizations that don't have the culture to sustain process-driven management, but for more mature organizations that want to manage strategically, it is an excellent choice."²

The report also states, "Planview's continued strength in resource management and strategic approach makes PPM a holistic part of IT management. Overall, the product is robust, especially in methodology, portfolio management, resource management, and work management." The full Forrester Wave: Project Portfolio Management can be viewed at http://www.planview.com/

"Planview continues to deliver the most comprehensive IT management platform on the market today, and our innovative strategy, vision, and strong market presence will help us extend our leadership," said Patrick Durbin, founder and chief executive officer of Planview, Inc. "We are proud to be named a leader in the Forrester Project Portfolio Management Wave. By integrating business process management of strategies, services and projects within a single platform, Planview empowers organizations to achieve greater levels of control over their ever-changing environment by dynamically managing money, resources, and capacities. With our commitment to innovation, we continue to set the standard in project and IT portfolio management solutions."

Forrester employs a rigorous process to create a Forrester Wave. Highlights include generating a detailed taxonomy of product attributes, gathering and validating data, and creating the Forrester Wave graphic. The Forrester Wave also includes a spreadsheet tool that is designed for end-users to create their own shortlist based on their own particular needs. For every vendor, Forrester also creates a Vendor Scorecard, Forrester's assessment of the vendor's product or service.

¹ The Forrester Wave™: Project Portfolio Management, Q1 2006, Forrester Research Inc. March 13, 2006

² Planview Is A Visionary With Substance In The PPM Market, Forrester Research Inc. March 13, 2006

About Planview

Planview Enterprise is a combination of enterprise software and proven best practices that enables organizations to make the most out of their limited capacities. Its unique portfolio management discipline delivers unprecedented visibility into the key trade offs involved in every business decision, allowing IT and business decision makers to make informed choices that optimize resources, support company growth and deliver value back to the business.

Planview is a trademark of Planview, Inc.