Project.net Releases Powerful New Version of Industry-Leading Project Execution Application

Version 7.4 Helps Global 2000 Companies Improve Knowledge Worker Productivity, Decrease Time to Market, and Reduce Costs

SAN DIEGO, Feb. 24 /PRNewswire/ -- Project.net, a pioneer in Web-based applications designed to revolutionize project execution in Global 2000 organizations, announced today the release of a major upgrade to its namesake application, Project.net Version 7.4.

The Project.net application is a scaleable, customizable Web-based product which facilitates project management, collaboration and execution across the enterprise.

It addresses the needs of all corporate and project stakeholders -- executives, portfolio managers, project managers and team members -- for current and accurate information on the status of important projects and the performance of distributed project teams.

Project.net v7.4's major new features include:

* Advanced Project Portfolio Management Tools: View the status of all projects in real time; view all projects organized by Division, Department, Programs, subprojects, etc.; dynamically group projects by owner, status, etc.

* Importing From Microsoft Project(R) 2000 and 2002: Import the entire project schedule including tasks, milestones, resource assignments, constraints and dependencies.

* Enhanced Viewing and Reporting Capabilities: View summary and trend reports from any tracking database; quickly determine which tasks are late, which resources are overloaded, etc.

* Fully Configurable Interface: Easily change application terminology; configure tools and business rules to match your company's processes.

* Fully Internationalized: Supports international text, dates, numbers, currency, etc.

The term project execution refers to Project.net's focus on the completion of projects, not just planning them. For global organizations, project execution is of crucial importance. Getting one project done is good, but getting all projects done is vital -- large and small, group and corporate, internal and external. Project.net enables these massive organizations to close the loop on every project, every day. Project.net combines maximum project visibility, decision support features and goal alignment capabilities to create a flexible, functional environment designed for one purpose: to get things done.

Project.net delivers these major advantages:

* Enterprise Ready: Designed specifically for Global 2000 companies. Uniquely scaleable to fit the need of the largest organizations.

* Focused on Results: A project execution application focused on the completion of projects. Better leverage of human and technology resources means projects are completed on time and ahead of the competition.

* Compelling Investment: Project.net delivers quick return on investment. It improves the efficiency of expensive knowledge workers by significantly reducing time spent on unproductive activities.

"Large global organizations face huge challenges when it comes to applying resources wisely and keeping a diverse portfolio of projects on track and on budget," said Philip Dixon, Project.net's vice president of business development. "Our new version makes it much easier for these companies to execute projects effectively and stay ahead of the competition."

Project.net is already in use at Chevron/Texaco, Schlumberger, Bentley Systems, Foote Cone & Belding, and other companies. A complete look at Project.net is available at www.project.net . From the Home Page, simply click on "The Project.net Experience."

About Project.net

Project.net provides the industry's most complete project execution application, which shares the company's name. Project execution means that Project.net focuses on the completion of projects, not just on the planning of projects. Project.net is a scaleable, customizable Web-based product that addresses the needs of all corporate and project stakeholders for current and accurate information on the status of important projects and the performance of distributed project teams.

Project.net's customers include Chevron/Texaco, Bentley Systems, Schlumberger and Foote, Cone and Belding. The company was founded in 1999 and is based in San Diego, Calif.

www.project.net

 

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