Project Portfolio Management: Not Just for IT Anymore
In many organizations, a portfolio management strategy was traditionally reserved for IT projects. Keeping a handle on the various technology initiatives—which are often proposed by
In many organizations, a portfolio management strategy was traditionally reserved for IT projects. Keeping a handle on the various technology initiatives—which are often proposed by
The use of data to power decisions and shape strategy has long been a foundational component in successful project and portfolio management. From developing task
A strong project portfolio management strategy includes regular reviews—of risk factors, budget and schedule adherence, resource allocations, and the overall health of the portfolio, just
When data from individual projects is rolled up to the portfolio level, any issues with the integrity of that information—its age, its completeness, or its
You may already rank the projects within your company’s portfolio. But do you have an established methodology around the process that’s followed every time, no
Though some teams wouldn’t consider starting a project without a workable and realistic master plan, other groups routinely begin executing tasks before their overall strategy
The pace of business today can be downright frantic at times. Given the scope of activities within a normal project and the number of people
If you’ve ever run into problems in a project, you probably noticed it wasn’t just a single issue that needed to be resolved. Trouble has
Every organization has a unique company culture. Even a business that appears very similar to others in the marketplace has its own blend of corporate
Issues that are of immediate importance consume much of a PM’s time. This is especially true when the schedule is busy with active projects and
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