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Quick Review: AEC Software

By | May 30, 2010, 7:20pm PDT

Summary: Product review: AEC Software - an inexpensive but fairly robust project management tool

Over the years I’ve reviewed a number of project and portfolio management as well as professional service automation software applications. Many of these are offered as on-premise or, lately, on an on-demand basis. Regardless of business model, these solutions can often be a bit high-priced for those companies desiring a more straightforward and simplistic solutions.

Last week, I spoke with executives from AEC Software of Dulles, Virginia. AEC sells a $349 (retail) project management product. They also offer solutions for 5, 10 or 25 concurrent users. Their most current version of the software is called FastTrack Schedule 10. This product is targeted for individuals who may need a project management solution for a short time or for a less complex endeavor. This could be the person who is an occasional project manager or is a project manager for a specific endeavor. Contrary to the company’s name (AEC - often refers to architecture, engineering and construction), the software product can be used in many different industries (e.g., advertising) and not just AEC.

This particular product comes pre-delivered with a number of project management templates and examples that are free to customers. The software also allows the collection and and utilization of outside data regarding project resources. As an example, information about specific project team personnel can be extracted from Microsoft Outlook. Photographs of workers can even be added to the resource management tool. The resource management tool permits project managers to consolidate resource requirements across multiple projects to identify potential resource conflicts.

Projects can be encoded via effort driven schedules. Project information can be imported and exported to and from Microsoft Project. The software already supports Microsoft Project 2010.

AEC believes they have the following product advantages:

- their product utilizes workflow and other ease-of-use technologies

- the software works on both Macintoshes and Windows-based PCs.

- the software presents information in a easy to use, understand and enter perspective.

From what I saw of this package, I concluded the following:

- Given the software’s price point, the product is a straightforward, easy to use project planning tool that adds many helpful resource management capabilities.

- The product is correctly positioned as a tool to be used by persons or firms with few or sporadic projects. It was not designed to replicate the types of complex program management capabilities found in higher-end project portfolio management solutions. However, complex program management solutions don’t retail for $349 either.

- Professional service firms may find the resource management capabilities to be less robust than what one finds in a professional services automation solution. Likewise, very large complex multi-person project teams will want a solution that comes with pre-supplied time entry module. There is no such module currently within this product line.

If you’re looking for something that’s straightforward to use, inexpensive and clearly project focused, this solution warrants a look.

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Brian is currently CEO of TechVentive, a strategy consultancy serving technology providers and other firms. He is also a research analyst with Vital Analysis.

Disclosure

Brian Sommer

I am co-owner of TechVentive, Inc. The company has been engaged on numerous consulting engagements, often for technology firms, service firms and litigators. As a general rule, I do not write about current clients of TechVentive. Should that occur, I will note this in blogs. Readers should assume that I have had client relationships with many ERP and other technology providers. Some of these relationships may be quite small and short-lived while others more significant. One of TechVentive's business units publishes research reports about technology providers. As a result, this business receives small amounts of revenues from a wide variety of software firms, software buyers and others when they purchase copies of reports. Some firms do secure reprint rights to these reports. None of these purchases, individually, represents a significant amount of total revenue for me and the nature of it is hard to predict where it will come from. I also provide some marketing strategy and/or market segmentation work for software firms as I have developed a unique database that segments the largest 4000+ technology buyers in the world. Many technology firms periodically engage me for unique views into this database for future marketing campaigns. I do not blog about these efforts and do not blog about client firms while they are active clients unless some pressing news story erupts. If that event occurs, I will indicate any perceived or real conflict of interest. Occasionally, I will develop unique intellectual property pieces for technology or service providers. If I should blog about a vendor with whom I have recently developed a special information product, I will note this in a blog to avoid any appearance, real or unintended, of bias. For the most part, I have no investments in technology firms. While I've been offered friends and family stock and other inducements in the past, I have steadfastly refused these. I used to be a partner with Andersen Consulting and had no ownership stake in the firm for many years. I frequently refer to this in my blogs and do not hide my prior association with the company. I did purchase a few shares of Accenture and Cognizant stock in late - 2008. I have sold some of those positions in late 2009. Readers should assume that most software conferences that I write about involved some measure of fees waived and/or travel reimbursement. I do not charge vendors to attend these events nor will I accept payment for same. I do get reimbursed for many speaking engagements. I generally note at the end of blogs whether the vendor reimbursed me for travel expenses. Generally, this includes airfare and hotel. I do not request, receive nor accept travel perks such as first class airfare.

Biography

Brian Sommer

Brian is in a unique position to diagnosis the winners and the losers in technology and services. He was the longest running (10 years) and most senior director of Andersen Consulting's (now Accenture's) global Software Intelligence unit - a position that required him to pick the best possible software solutions for hundreds of clients globally. He advised the firm on ERP software market forecasts and helped establish manpower planning estimates by vendor for deployment globally.

Brian continues to remain close to technology buyers and sellers. When he left Andersen Consulting, he co-created a dot-com with blogger and former arch-enemy at Price Waterhouse, Vinnie Mirchandani. That firm helped broker efficient services contracts between software buyers and systems integrators. Since then, he's created TechVentive, Inc. - a company that helps technology firms better understand their markets - and Vital Analysis - the research and publishing arm of TechVentive.

Brian still travels the world and publishes an impressive number of articles, research reports and blog posts annually to help software and services buyers make better business decisions. He can be reached at: brian @ vitalanalysis.com

Talkback Most Recent of 3 Talkback(s)

  • AEC FastTrack 10
    My favorite thing about FastTrack was the ease of use! It is intuitive and simple to lay out a project plan, and compared to what I was using before (Windows Project) it is significantly less expensive. It runs fast and nimble, has plenty of powerful features, and has an amazing cadre of templates while giving you expert-level control over all your projects. I Highly recommend this product to any mid-size business.
    ZDNet Gravatar
    Johnathan_20@...
    29th Sep
  • RE: Quick Review: AEC Software
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    30th Sep
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    13th Oct

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