Leeds, England – 16 October 2001 - The Program Management Group (PMG), UK pioneers in multi project management software, has introduced its third generation programme management system. Hydra3, available immediately, extends the reach and functionality of the programme management tools to new parts of user organisations.
A major feature of the latest system is its modular approach to suit different users: Hydra Manager for programme and project managers, Hydra Personal for team members and Hydra Timesheets, a low-cost timekeeping module.
Hydra3 uses new web and Internet technologies to allow members of an organisation, anywhere, the capability to manage, collaborate and update
programme information in any combination of web/ Internet access, irrespective of type of network and connection state. In this way, local and remote workers are seamlessly integrated.
In addition, new modules are introduced, including integration with Microsoft Outlook’s calendar and task functions, an advanced alert system, an extended report writer and a zero purchase cost web-based timesheet system. In addition, a unique benefits modelling analysis module will be added this year, providing programme managers with a powerful tool to evaluate a portfolio of projects and their impact on the business.
Commenting on the launch, Geoff Reiss co-founder and Chairman of PMG, said,
"Programme management as a technique for delivering projects more successfully has now been broadly recognised and accepted. Our customers show that with previous versions of Hydra, that their return on investment in our toolset was only 3-4 months and they gained a 5-10% improvement in productivity. With this major release, PMG once again demonstrates its technical leadership, delivering a rounded set of tools to further increase the return on investment. Users now have a wider choice of entry points with Hydra3, with our new zero cost web sheet considerably broadening the appeal of the system."
"With the introduction of our unique and pioneering benefits analysis modelling analysis tool, we will be able to demonstrate the clear benefits of programme management to the minority of senior management that have yet to grasp the concept," he concluded.
Pricing is based on a per user and functionality basis. Typical solutions are 20 – 40% more cost effective than traditional project management tools.