LAS VEGAS, NV -- (MARKET WIRE) -- Jul 17, 2009 -- TRIRIGA®, the leading provider of enterprise sustainability software, today announced the general availability of TRIRIGA Projects 9.6.2, its enhanced Project and Portfolio Management (PPM) software. The software helps organizations generate higher returns from capital programs -- long-term projects to develop and maintain capital assets such as buildings -- through improved funding analysis and project management operations.
In today's economy, organizations must assess the economic and environmental performance of facilities to set strategic, high-return on investment portfolio goals. To meet this need, TRIRIGA Projects for program executives and project managers finds underperforming facilities for funding allocations, analyzes financial and environmental benefits of planned capital investments, and automates project management controls and alerts.
"The need for organizations to demonstrate the status and ROI of their capital programs and projects will continue to increase, especially as the economy remains capital-constrained," said George Ahn, CEO for TRIRIGA. "Take energy efficiency projects, for example. They have the potential for returns in excess of 35 percent, but organizations need to know which projects to prioritize based on available finances, anticipated resources and expected results. TRIRIGA Projects delivers the critical controls that program managers require to meet or exceed planned outcomes across multiple complex projects."
"TRIRIGA has consistently delivered high-value functions to its products and with the new version of TRIRIGA Projects they've done it again," said Robert Fitzgerald, Global Director of Process Tools and Reporting for Nokia Corporation's Workplace Resources Organization, a longtime TRIRIGA customer. "The software provides strategic decision-making tools, rather than just tactical applications, and it hits on all of the top priorities that executives need to accelerate and deliver cost-effective capital programs."
To help organizations achieve program goals, the new features include the following:
-- Identify priorities for limited program funding: Accelerates the identification of priority funding requests with analytical metrics that assess the economic and environmental performance of facilities. -- Seamless integration: Streamlines integrations of a centralized program, project and support data repository with automated processes that load directly from financial management systems and Microsoft® Project schedules. -- Improve funding analysis for capital programs: Analyzes complex data with predefined financial models to evaluate the fiscal and environmental impact of investment alternatives so executives can make more informed investment decisions. -- Increase efficiency of project resources: Embeds workflows to automate advanced project management processes and critical alerts to reduce risk of cost and schedule over-runs.
For more information on TRIRIGA and TRIRIGA Projects contact Michelle Campbell at (888) 874-7442.
Named by leading industry analyst AMR Research as the best-in-class sustainability software, TRIRIGA provides the industry's most extensive functionality in an enterprise sustainability solution including real estate management, project management, facility management, operations management, workplace performance management and environmental sustainability for facility assets. TREES® environmental sustainability software provides automated analysis and energy demand shaping tools to streamline greenhouse gas reporting and environmental investment analysis to reduce energy costs, mitigate environmental regulatory risks and achieve sustainability goals. With an outstanding network of consultants, partners, industry experts and market-leading customers, TRIRIGA delivers exceptional service and proven best practices to more than one-third of the Fortune 100 today.
For more information, contact TRIRIGA at (702) 932-4444, or visit www.tririga.com.
TRIRIGA, WPM, TREES and TRIRIGA's other marks and product names are trademarks or registered trademarks of TRIRIGA in the United States and other countries.