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 …
Portfolio Management
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How to use PPM and the Stage-Gate Process to Develop New Products
Looking to learn more about stage gates for new product development? Francesco Pecoraro explains what you need to know to develop new products Companies can integrate Project Portfolio Management (PPM) …
How to align project portfolio with business strategy
Business success relies on project portfolio alignment. Here’s how to align project portfolio with business strategy. The definition of strategy is a long-term plan of action used to reach a …
Taking a portfolio view: Why strategy drives projects
When taking a portfolio view, 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 …
How to create a balanced project portfolio
Looking for a way 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 …
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 …
Choosing a framework to evaluate project proposals
Companies are increasingly using projects to manage most of their activities. Managing single projects can produce a loss of transparency and efficiency of the project outlook. To be more effective, …
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 …
Leveraging PPM to choose the right projects
Project Portfolio Management has obtained a lot of attention lately. PPM has gained momentum as companies have recognized that organizational efficiency also depends upon doing the right projects. It is …
Problems companies face when using PPM
Organizations can benefit from using Project Portfolio Management (PPM) practices. In fact, PPM allows companies to allocate resources, schedule, analyze, and manage projects and business. At the same time, there …