Portfolio Management
Here at PMWorld 360, we pride ourselves on providing top-notch highly professional project management content including Project Portfolio Management (PPM). Our content is provided by an all-star team of certified project management professionals. We have numerous categories of content that will provide you with a 360-degree view of project management. This particular page features articles that cover the topic of Project Portfolio Management (PPM).
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How PPM is expanding beyond project-based business
The relevance of Project Portfolio Management is growing beyond the project-based business. As many of us know, projects have become the main way of executing the strategy of an organization. In fact, companies that execute projects that align their objectives…
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Part 1: Are you managing your projects or just tracking them?
The word ‘track’ originated in the 15th century; usage of the word ‘track’ started to take off in the 1950s at a time when the world was recovering from many conflicts, and television usage began to rise. By definition, ‘track’…
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How to improve organizational culture with PPM
Project Portfolio Management (PPM) helps companies select the right projects that align with their strategies to achieve their objectives. Thanks to PPM, companies are able to allocate the resources to support those projects. Even if PPM is usually used to…
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The secret skill every project portfolio manager should have
If you are a project portfolio manager (PPM), you are talented. PPMs must be objective, credible, multi-taskers, great with ambiguity, authentic, capable, curious, and organized. Of course, PPMs are experts in all things project management and relationship management. There is…
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How to use PPM and the Stage-Gate process to develop new products
To develop new products, companies can integrate Project Portfolio Management (PPM) into the Stage-Gate process. This approach works very well for big firms that operate in mature businesses where the portfolio of projects is pretty static. Thanks to this approach,…
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How to align project portfolio with business strategy
The definition of strategy is a long-term plan of action used to reach a specific goal or a set of objectives. To get the most out of their resources, companies should link strategy and new product resource allocation. In addition,…
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Taking a portfolio view: Why strategy drives projects
Projects are not stand-alone activities within an organization. Project management is a method of managing change within an organization to provide something new, a new facility, a new product, a new technological solution, a new process or policy. In other…
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How to create a balanced project portfolio
Companies can maximize project benefits and minimize overall project risks by balancing project portfolios. Executives have to analyze and balance the portfolio to reach these goals. The objective is to fund worthy efforts in order to produce the highest payback…
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How to select projects for your portfolio
Companies today have a lot of projects they could be working on but a limited amount of resources. Instead of just trying to figure out how to get through as many of them as quickly as possible, organizations can use…
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4 Goals for successful innovation
Companies need innovation to increase their market share and profit margin. Innovation helps companies deliver higher value to customers. The process of converting an idea into a product or service allows companies to remain relevant and competitive in their fields.…
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