Project relations or project dependencies. What’s in a name? Well, there is quite a difference and although one can argue it depends on the semantics you give the wording, we’d like to take you through the difference between the two terms and the relation with project portfolio management.
It is no surprise that companies respond forcefully to the COVID-19 crisis as strategic priorities are changing. Difficult decisions need to be made, quickly and with little visibility into the future. The following three tips can help you to effectively deliver the project portfolio in a COVID-19 world.
020 has started and the question arises: how do you make sure that the plan is implemented as planned? How do you keep an overview, where do you get your information from and how do you manage it to bring it alive? Or, how do you make sure you adjust your plan on time if there are new developments that require change of course?
The decision to implement a project portfolio management application should be supported by a business case, like any other project: what is the return on investment (ROI) of a ppm tool? What are the benefits and how do you transform these into financials? According to a Forrester study, the ROI of a project portfolio management application can be as high as 250%. We discuss four benefits to include in the business case.
To be sure that an application meets the needs of your organization, more is needed than a few conversations and a short demo. A Proof of Concept (PoC) can offer a solution: a way to easily discover the software before you make a purchase decision. But how do you ensure that a PoC is successful? Here are five tips.
Project portfolio management, or selecting the right projects, is an art. But: which project portfolio management application should you select? And: what should you pay attention to?
In an earlier article, we explained how programs, projects and portfolios relate to each other, and where they can best start with project portfolio management. What are the benefits for companies?
In the average organization many projects are happening at the same time making it a challenge to keep your eyes on the big picture. How do you know that you are doing the right things? In this article we explain how you get started with project portfolio management.
How do we ensure that we do not waste time and money on initiatives that don’t contribute to the strategy? What are two critical factors to get to the essence of project portfolio management?
