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5/12/2009 Métier Announces ARRA Management Capabilities Métier, Ltd., an innovator in project portfolio management (PPM) software and services, announced today their ability to manage American Recovery and Reinvestment Act (ARRA) of 2009 funds within WorkLenz, Métier’s PPM software. ARRA will provide United States federal agencies and all fifty states with billions of stimulus dollars in the wake of the current economic crisis. The recipients of these funds are now facing many challenges including allocation decisions and fund management. With the reporting deadlines looming, federal agencies and state governments are quickly realizing that they must have an ARRA management solution in place as soon as possible to meet the requirements of WorkLenz provides clients with the ability to track and manage ARRA investments through the project lifecycle. WorkLenz then automates the reporting process, delivering accurate reports to the OMB. WorkLenz enables organizations to: • Set up ARRA management efforts in as little as two weeks;
“Due to the rigid management and reporting requirements, it is vital to properly manage the ARRA recovery dollars. PPM is the key to success and will ensure that government entities achieve accurate results,” said chief executive Douglas Clark of Métier. “WorkLenz provides an integrated system to collect the data required for reporting and effective management of stimulus funds. This reduces redundant effort, ensures timely submissions, and minimizes the possibility of reporting errors.”• Create an ARRA portfolio at the government, department, agency or recipient level; • Utilize the “enter once, use many” concept to minimize data entry from project performance to ARRA reports; • Ensure ARRA investments avoid unnecessary delays and cost overruns; • Meet specific goals and targets that contribute to improved program performance; • Automate reporting and data exchange for easy and quick submission to OMB; and • Deliver ARRA reporting in multiple formats, including Excel and industry standard XML outputs. About Métier, Ltd. Headquartered in Arlington, Virginia, Métier provides innovative project portfolio management (PPM) solutions that drive project success. Since 1998, Métier's suite of patented software and award winning services has delivered performance improvements for government agencies and Global 2000 corporations. Métier is ranked as one of the fastest growing, privately held companies in the U.S. by Inc. Magazine. For more information about how your organization can workforward, please visit www.metier.com or call 1-877-965-9501. #### |
Project Portfolio Management Solutions
