Project portfolio management (PPM) is a tool-supported process for optimally managing an organization’s “portfolio” of projects. And although PPM can provide real value, many organizations are finding PPM implementations difficult. However, there are key approaches that can increase your likelihood of success, as well as an effective step-by-step process for implementing PPM within your organization.
answer to proposal
what allows you to answer the important questions: What is the value of conducting this project? What are the sources of value (e.g., reduced costs, increased revenue, increased customer satisfaction, new learning and capability, etc.)? What are the risks and, given our organization’s risk tolerance, what is the risk-adjusted value of the project? Is the value of the project sufficient to motivate spending what it will cost? What set of projects will enable us to create the most value for the available