10/29/2003
Métier Releases WorkLenz 4.2 For Project Portfolio Management


Objective assessments, enhanced notification and custom fields add unprecedented decision support to the WorkLenz Portfolio Management Engine


Métier, Ltd, an innovator in statistical project portfolio management software and services, today announced the latest version of its flagship WorkLenz software. WorkLenz 4.2 delivers unparalleled flexibility and decision support with the Portfolio Assessment Engine, enhanced notification system and custom fields at every level within the portfolio.


"As traditional project portfolio management concepts expand to include increasing requirements for accountability, WorkLenz continues to provide the agility our clients need," said Douglas Clark, CEO of Métier, Ltd. "With the release of WorkLenz 4.2, we are able to deliver advanced modeling and forecasting capabilities that take the concept of intuitive portfolio management to the next level."


WorkLenz 4.2 features and enhancements include:


The Portfolio Assessment Engine: For the first time, clients can build transparent business cases using a consistent set of user-defined criteria to compare costs, benefits, risks and potential returns. This new engine delivers objective performance measurement for unprecedented decision support. The Portfolio Assessment Engine leverages existing project data across all dimensions of WorkLenz to create objective, real-time assessments and reduce duplicative and onerous data entry. The assessments can be applied in a multitude of scenarios. For example, Métier clients can use the engine to understand how well their portfolio is supporting their risk management strategy or to align IT investments with OMB's Exhibit 300 and the Federal Enterprise Architecture. Additionally, the Portfolio Assessment Engine completes reporting in several ways, including XML format to meet federal requirements.


Enhanced Notification Engine: The flexibility of the WorkLenz 4.2 notification system provides users with sophisticated, complex data mining queries for exceptional visibility across the portfolio. Métier clients can personalize notification and threshold criteria, define alert schedules and select delivery preferences. With its flexible architecture, the notification engine enables full customization at every dimension throughout an organization's portfolio.


Custom Fields: New customizable attributes at each level within the portfolio provide clients with the freedom to structure and align project work according to organization-specific needs. Custom fields and table-based meta data provide flexibility for clients to prioritize and analyze work throughout the portfolio.


For more information or to schedule a demonstration of WorkLenz 4.2, please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 1-877-965-9501.


About Métier, Ltd.

Métier delivers project portfolio management solutions that analyze and predict work. Our WorkLenz software incorporates a foundation of patent-pending concepts that provide unique and cutting-edge statistical forecasting for the dynamic project portfolio. Our innovative approach models and improves work performance by identifying inefficiencies, predicting and mitigating risk, and ensuring repeatable processes. Métier's Active PMO services complement WorkLenz to provide enterprise-wide management of your project schedules, budgets and alignment with strategic initiatives, producing rapid ROI and direct bottom line impacts as a self-funded division of the enterprise. Our growing client list includes federal agencies, government contractors, Global 2000 and Fortune 500 companies that use Métier's innovative approach to produce real-time readiness for their project portfolio. For more information about Métier, please visit www.metier.com or call 1-877-965-9501.


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