Discover how portfolio management drives enterprise agility through prioritization, digital transformation, and strategic alignment in this Lenka Live episode.
Organizations are increasingly recognizing that portfolio management can help them make the decisions that will set them apart from their competitors. The trend was clear in PMI's 2012 Pulse of the Profession® report, based on an annual global study of more than 1,000 project, program and portfolio managers. Over half of the respondents reported frequent use of portfolio management at their ...
The portfolio management team will invest time in understanding a potential endeavor. They may choose to consider the business case for the endeavor, perhaps creating high-level guesses at the potential market potential or return on investment (ROI) of the endeavor.
5 Ways to Manage Risk and Maximize Rewards 10 June 2024 No project runs exactly to plan, but a strong risk management approach will help project teams navigate the challenges and maximize rewards.
As portfolio management continues to grow and organizations adopt it to achieve strategic objectives, it becomes more important to have individuals competent in this area of practice.
This paper aims to show portfolio managers the added value of using a project and portfolio management (PPM) tool when defining the portfolio that will be authorized. After an overview of some portfolio management principles, a high-level presentation of the PPM software marketplace will be given and some insights will be shared to help you answer one key question: What is the best tool? The ...
To most effectively realize strategic business goals through projects, executives and project managers could support such organizational efforts by organizing a project portfolio management office (PPMO). This paper examines an approach to creating a PPMO. In doing so, it identifies the purpose of practicing project portfolio management (PPM), defining the concepts of project portfolio and PPM ...
Project Portfolio Management is the centralised management of one or more portfolios, and involves identifying, prioritising, authorising, managing, and controlling projects, programs, and other related work, to achieve specific strategic business objectives.
