There have been many recent changes in the business performance management (BPM) world. For one thing, there is a notable uptick in companies now embarking on BPM projects for the first time. In addition, the solution options available have changed dramatically in the past 12 to 18 months. New entrants into the BPM market, newly merged vendors and major new releases have changed the playing field quite a bit. In light of these factors, I thought it would be of value to review the key steps to get started with your performance management product search.

This column assumes that you have your detailed functional requirements in hand and are ready to begin. If your requirements are not ready, don’t worry. I will address the collection, consolidation and prioritization of BPM-specific requirements in an upcoming column. If you are interested to learn more about this important functional requirements step right away, you can read a past column I wrote on the subject in the February 2004 issue of DM Review.

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