Primavera P6 vs ServiceNow SPM

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Our analysts compared Primavera P6 vs ServiceNow SPM based on data from our 400+ point analysis of PPM Software, user reviews and our own crowdsourced data from our free software selection platform.

Primavera P6 Software Tool

Product Basics

Oracle Primavera P6 is a project management software application that facilitates the planning, management, and control of projects across various industries. It caters to organizations that handle intricate projects involving multiple stakeholders and dependencies, particularly in construction, engineering, and oil and gas sectors. Primavera P6 offers a suite of functionalities spanning project scheduling, resource management, risk management, and cost management. By leveraging these features, organizations can reap significant benefits such as enhanced project visibility and control, reduced project costs and risks, and improved project efficiency and productivity. The software's notable features include Gantt charts and dashboards for comprehensive project visualization, resource leveling and allocation for optimizing resource utilization, risk assessment and mitigation strategies for proactive risk management, and cost tracking and forecasting for informed financial decision-making. While Primavera P6 proves to be a powerful tool for project performance enhancement, it is a complex application that demands specialized training and expertise for effective utilization. Additionally, the software's pricing varies based on the organization's size and project complexity, often involving a significant investment.

Pros
  • Powerful project management capabilities
  • Scalable to handle large and complex projects
  • Wide range of features for planning, scheduling, and tracking projects
  • Integrates with other Oracle products, such as Primavera P6 EPPM and Oracle Primavera Unifier
  • User-friendly interface that is easy to learn and use
Cons
  • Expensive
  • Steep learning curve
  • Can be slow and cumbersome to use
  • Not as user-friendly as some other project management software
  • Limited reporting capabilities
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ServiceNow SPM (formerly ITBM) is a cloud-based strategic portfolio management (SPM) solution that helps organizations align their investments with their strategic objectives. It provides a centralized platform for managing the entire portfolio lifecycle, from ideation to execution and realization of benefits. ServiceNow SPM is most suited for large organizations with complex portfolios and multiple stakeholders. It offers a number of benefits, including improved decision-making, increased agility, and reduced risk. Some of the popular features of ServiceNow SPM include portfolio prioritization, resource management, and risk assessment. However, some users have reported that the product can be complex and difficult to use. Overall, ServiceNow SPM is a powerful SPM solution that can help organizations achieve their strategic goals. Pricing for ServiceNow SPM is based on the number of users and the number of portfolios.

Pros Cons
  • Improved decision-making
  • Increased agility
  • Reduced risk
  • Centralized platform
  • Comprehensive features
  • Complex to use
  • Steep learning curve
  • Pricey
  • Limited reporting
  • Not ideal for small teams
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$3,168/User, Annual
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$50/User, Monthly
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Tailored to your specific needs
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Android
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Mobile
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Mobile

Product Assistance

Documentation
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Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
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FAQ
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Knowledge Base
24/7 Live Support
Email
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24/7 Live Support

Product Insights

Professional Portfolio Management (PPM)

  • Standalone Application: Avoid web-based product lag and screen refresh. Allow schedulers and managers to update changes quickly. 
  • Resource Management: Eliminate unsuccessful investments and redundancies to help reduce unnecessary expenses. 
  • Optimal Portfolio Management: Review portfolio performance in real time. Compare current and future data to identify investment gaps and potential problems. 

Enterprise Project Portfolio Management (EPPM)

  • Web-Based: Connect to a visually rich interface to manage multiple projects or project portfolios across the organization. Add new users quickly by providing simple logins. 
  • Optimize Planning: Efficiently plan using robust scheduling, project and resource management modules. 
  • Collaboration: Facilitate team-based collaboration using business process automation capabilities to improve decision-making, streamline coordination and improve efficiency. 
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  • Improved Decision-Making: ServiceNow SPM provides a centralized platform for managing and analyzing portfolio data, enabling organizations to make informed decisions about resource allocation, project prioritization, and risk mitigation.
  • Increased Agility: By streamlining portfolio management processes and automating tasks, ServiceNow SPM helps organizations respond quickly to changing market conditions and seize new opportunities.
  • Reduced Risk: ServiceNow SPM's risk management capabilities help organizations identify and assess potential risks early on, allowing them to take proactive measures to mitigate those risks.
  • Enhanced Alignment with Strategic Objectives: ServiceNow SPM ensures that IT investments are aligned with the organization's overall strategic goals, maximizing the return on investment (ROI) of IT initiatives.
  • Improved Collaboration and Communication: ServiceNow SPM provides a single source of truth for portfolio data, fostering collaboration and communication among stakeholders across the organization.
  • Greater Portfolio Visibility and Transparency: ServiceNow SPM provides real-time insights into portfolio performance, enabling organizations to track progress, identify issues, and make informed decisions.
  • Streamlined Portfolio Management Processes: ServiceNow SPM automates many portfolio management tasks, reducing manual effort and improving efficiency.
  • Enhanced Resource Utilization: ServiceNow SPM helps organizations optimize resource allocation, ensuring that resources are used effectively and efficiently.
  • Improved Project Success Rates: By providing data-driven insights and support for project planning, execution, and monitoring, ServiceNow SPM helps organizations increase the success rate of their projects.
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  • Scheduling: Establish relationships between activities using the WBS tool. Calculate critical schedule paths using scheduling tools for robust, reliable deadlines to help keep projects on track. 
  • Resource and Cost Control Management: Allocate activities to resources, unit prices and expenses to help track budgets. Allow project teams to compare planned and actual cost statuses. 
  • Reporting: Access existing database reports or customized versions to promote decision-making and keep team members up to date. 
  • Configuration: Collect data using intuitive data entry forms while workflows promote user adoption to help increase productivity. 
  • Customization: Customize Gantt charts and time-scale logic diagrams to create reports at intervals that match required information. 
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  • Portfolio Prioritization: ServiceNow SPM provides a centralized platform for prioritizing projects and initiatives based on their alignment with strategic objectives, resource availability, and risk assessment.
  • Resource Management: ServiceNow SPM enables organizations to effectively manage their resources across the portfolio, ensuring that the right people and skills are assigned to the right projects.
  • Risk Management: ServiceNow SPM helps organizations identify, assess, and mitigate potential risks associated with their projects and initiatives.
  • Performance Tracking: ServiceNow SPM provides real-time insights into portfolio performance, enabling organizations to track progress, identify issues, and make informed decisions.
  • Reporting and Analytics: ServiceNow SPM offers comprehensive reporting and analytics capabilities, enabling organizations to gain insights into portfolio trends, identify areas for improvement, and make data-driven decisions.
  • Collaboration and Communication Tools: ServiceNow SPM facilitates collaboration and communication among stakeholders across the organization, ensuring that everyone is aligned on portfolio goals and progress.
  • Integrations with Other ServiceNow Products: ServiceNow SPM integrates seamlessly with other ServiceNow products, such as IT Service Management (ITSM) and Project Management (PM), providing a holistic view of the organization's projects and initiatives.
  • Mobile App: ServiceNow SPM offers a mobile app, enabling users to access and manage portfolio information on the go.
  • Customizable Dashboards: ServiceNow SPM allows users to create customized dashboards to track the metrics that are most important to them.
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Product Ranking

#16

among all
PPM Software

#49

among all
PPM Software

Find out who the leaders are

Analyst Rating Summary

78
92
0
100
100
100
86
100
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Dashboards and Reporting
Resource Management
Project Management
Platform Features
Platform Security
Agile Portfolio Planning
Dashboards and Reporting
Demand and Idea Management
Financial Management
Platform Security

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Primavera P6
ServiceNow SPM
+ Add Product + Add Product
Agile Portfolio Planning Dashboards And Reporting Demand And Idea Management Financial Management Platform Features Portfolio Management Project Management Resource Management Team Collaboration 0 100 86 78 88 84 92 100 57 100 100 100 100 95 92 91 91 86 0 25 50 75 100
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67%
17%
16%
100%
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63%
25%
12%
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82%
5%
13%
95%
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78%
11%
11%
89%
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11%
88%
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12%
88%
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12%
100%
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88%
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12%
57%
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43%
86%
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14%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

59%
0%
41%
53%
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47%
88%
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12%
100%
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User Sentiment Summary

Great User Sentiment 371 reviews
Great User Sentiment 267 reviews
84%
of users recommend this product

Primavera P6 has a 'great' User Satisfaction Rating of 84% when considering 371 user reviews from 4 recognized software review sites.

87%
of users recommend this product

ServiceNow SPM has a 'great' User Satisfaction Rating of 87% when considering 267 user reviews from 3 recognized software review sites.

4.1 (121)
3.8 (13)
4.4 (140)
n/a
n/a
4.3 (110)
3.9 (61)
4.4 (144)
4.2 (49)
n/a

Awards

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SelectHub research analysts have evaluated ServiceNow SPM and concluded it earns best-in-class honors for Agile Portfolio Planning, Demand and Idea Management and Platform Security.

Agile Portfolio Planning Award
Demand and Idea Management Award
Platform Security Award

Synopsis of User Ratings and Reviews

Functionality: About 100% of reviewers who referred to its functionality said that it provided a robust set of features for planning, managing and executing projects.
Scheduling Management: It is an easy tool to manage large project schedules regardless of complexity, as noted by 97% of users who mentioned scheduling management.
Monitoring: Helps make important decisions on time by tracking progress in a project or program, as stated by nearly 100% of reviewers who refer to monitoring.
Visualizer Tool: Gantt Charts provide management with a rich visualization of project workflows and data depiction that helps solve scheduling problems, as observed by approximately 100% of users who talk about its visualizer tool.
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Improved decision-making: Users appreciate ServiceNow SPM's ability to provide a centralized platform for managing and analyzing portfolio data, enabling organizations to make informed decisions about resource allocation, project prioritization, and risk mitigation.
Increased agility: Users find that ServiceNow SPM's streamlined portfolio management processes and automation of tasks help organizations respond quickly to changing market conditions and seize new opportunities.
Reduced risk: Users value ServiceNow SPM's risk management capabilities that help organizations identify and assess potential risks early on, allowing them to take proactive measures to mitigate those risks.
Enhanced alignment with strategic objectives: Users appreciate that ServiceNow SPM ensures IT investments are aligned with the organization's overall strategic goals, maximizing the return on investment (ROI) of IT initiatives.
Improved collaboration and communication: Users find that ServiceNow SPM's provision of a single source of truth for portfolio data fosters collaboration and communication among stakeholders across the organization.
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User Interface: Over 83% of users reported that it is not intuitive and friendly for a novice and requires training to use the program.
License Model: Nearly 94% of reviewers who specified its license model said that it is pricey to upgrade to premium or adding more users.
Integration: Limited and lacks seamless integration to software, as noted by 66% of the reviewers who mentioned integration.
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Complexity: Users find ServiceNow SPM to be a complex enterprise solution, requiring a significant level of training and expertise to implement and use effectively.
Cost: Users find ServiceNow SPM to be a relatively expensive solution, with pricing based on the number of users and portfolios. This can make it prohibitive for smaller organizations or organizations with limited budgets.
Steep learning curve: Users find that ServiceNow SPM has a steep learning curve, which can make it difficult for new users to get up to speed quickly.
Limited reporting: Some users find that ServiceNow SPM's reporting capabilities are limited and could be more comprehensive.
Not ideal for small teams: Users believe that ServiceNow SPM is designed for large organizations with complex portfolios. It may not be the best fit for smaller teams or organizations with simpler portfolio management needs.
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Primavera P6 has all the required features of a comprehensive project and portfolio management such as a structure for work breakdown, dashboards, business process automation, resource allocation, analysis and more. It can be scaled to any number of projects, and it offers scheduling software that can manage project schedules of any size. Users can use Gantt charts to track a project or program’s progress and make important decisions. Reviewers mentioned that its interface isn’t easy for beginners and requires training to use. The software has rich features and is high end, making it costly for premium or adding more users.

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ServiceNow SPM is a cloud-based strategic portfolio management (SPM) solution that helps organizations align their investments with business goals. Users praise its ease of implementation, user-friendly interface, and strong capabilities for project and portfolio management. One user noted that ServiceNow SPM "is really easy to implement and get adopted in the organization." Another user commented that the "interface is welcoming and user friendly." In terms of functionality, users appreciate ServiceNow SPM's ability to "house and process a lot of data." Additionally, users find the resource management capabilities to be particularly useful, especially for managing hourly resources. However, some users have also identified areas for improvement. For instance, one user mentioned that ServiceNow SPM "can be hard to manage SOW based contracts." Others have expressed concerns about the overall function of the system, stating that it "left more to be desired." Compared to similar products, users believe that ServiceNow SPM stands out for its ease of use and strong data management capabilities. Overall, ServiceNow SPM is a well-regarded SPM solution that offers a number of benefits for organizations seeking to improve their portfolio management processes. While there are some areas for improvement, users generally find the system to be easy to use and effective.

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