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ProSight Expands Project Portfolio Management Solution with Newest Release of EPK-Suite

Best-in-Class Project Portfolio Management Offering Unites Strategic Planning with Daily Resource Management.

PORTLAND, OR – ProSight® Inc., the leader in Enterprise Investment Management, and EPK Group LLC, announced today that they have extended their partnership to supply customers with a complete solution for portfolio, project and resource management. Based upon ProSight’s solution for Project Portfolio Management (PPM), and EPK-Suite™ Version 4.1 for the Microsoft Office EPM Solution, this new release of ProSight Resource Manager, powered by EPK-Suite, extends and expands ProSight’s established PPM solution suite to incorporate the latest resource management offerings from EPK Group.

The release enables organizations to manage resource utilization, plan resource capacity and optimally schedule projects that maximize business value. The integration between ProSight Portfolios and ProSight Resource Manager Version 4.1 means organizations can prioritize and control project investments based on live resource data. While portfolio management users typically use resource roll-up summaries to plan investments, they can also drill down from the portfolio view to look at the resource data in detail.

ProSight’s industry-leading investment management solutions enable enterprises to propose, plan and control investments of all types, providing the optimum value to the business. For project investments, ProSight’s strategy is to manage the investment process for projects and project proposals directly, while partnering with EPK Group and Microsoft to provide detailed resource management and project management respectively. The result is a [no-compromise] solution that integrates best-in-class functionality to support PPM activity from the most strategic to the most tactical.

This ProSight Resource Manager release provides many new capabilities for ensuring that scarce resources are assigned to the right efforts and for tracking how staff time is being used. Resource planning has been greatly enhanced to support the entire resource negotiation process and performs detailed resource plan analysis. Other enhancements include the ability to allocate the percentage of a project’s costs to multiple programs, enhanced views, improved performance and the ability to make auditable timesheet adjustments.

ProSight Resource Manager, powered by EPK-Suite, enables organizations to make project resource and project management decisions in one system-of-record, said S. Caine O’Brien, ProSight’s vice-president of marketing. Our relationship with EPK Group enables us to deliver solutions that link strategic decision-making with the [on-the-ground] reality.

EPK is dedicated to providing software that solves real world business problems and our alliance with ProSight means our customers will have the advantage of working with the best-in-class Enterprise Investment Management software solution, said Rich Murphy, one of the founding partners of EPK. This marriage of expertise has already delivered immediate and durable results to industries where project management excellence is a strategic business advantage.

About ProSight
ProSight offers world-class Enterprise Investment Management solutions for government and business. These solutions drive the planning and control for all types of business or technology investments, deploying objective, auditable processes and metrics, while facilitating collaboration among all stakeholders. ProSight’s customers get rapid results, including rationalization of current spending, optimization of support for the business, and active governance to obtain the highest possible return on investment. For more information on ProSight and our customers success, visit www.prosight.com

About EPK Group
EPK Group is dedicated to advancing the state-of-the-art in portfolio, project, and resource management. Its founders average more than 25 years’ experience in the project management software field. During that span they developed many of the popular project management systems with widespread user bases covering technology platforms from mainframes to current web enabled systems. The EPK Group product line is built on the Microsoft Windows Server 2003, Office Project Server 2003, and Windows SharePoint Services platforms. These modules seamlessly integrate with this platform and enhance the business value of this solution.

Media and analyst contact
For media and analyst inquiries, please contact Steve Hall, Marketing Manager, ProSight, Inc., 503.889.4887, steve.hall@prosight.com.