Introduced Thursday, ScrumWorks 4.5 enables users to access the package via a cloud paradigm. It also is accessible via an on-premise installation. The product enables teams to collaborate on software projects and is geared to the Scrum variant of agile development. Iterative development and incremental delivery of software are supported, said Victor Szalvay, CollabNet CTO.

Using the cloud version allows for rapid deployment, Szalvay said. "You don't have the administrative overhead [and] you have our uptime SLAs (Service Level Agreements)."

Also featured are program- and team-level Web-based reporting features for monitoring and modeling work. Organizations can track hours, work more effectively under fixed budgets or schedules and more accurately forecast release and iteration milestones, CollabNet said. Reports include: hours spent by theme, lean cycle time, release burn up, team average velocity, and epic budget process.

Hosted and behind-the-firewall versions of ScrumWorks 4.5 are priced at $28 per user per month.