Strategy, Leadership, Success.
The strategy of a company is defined by the way an organization decides to compete in its own market. Business strategy gives direction to the organization. It depends on the organization itself; to create a competitive advantage and beat the competition, companies need to recognize what are the competencies they …
One of the key tasks of project management is to balance the expectations and needs of stakeholders; especially when there are requirements and priorities that may be conflicting or opposing one another. In fact, to implement their strategies successfully, companies need to take into high consideration stakeholders’s needs and concerns. …
The relevance of Project Portfolio Management is growing beyond the project-based business. As many of us know, projects have become the main way for executing the strategy of an organization. In fact, companies that execute projects that align their objectives with organizational strategy have more chances to be successful over …
Project Portfolio Management (PPM) helps companies select the right projects, which 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 improve project success probability, to achieve success companies need also …
To develop new products companies can integrate Project Portfolio Management 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, companies can review individual projects and make go/kill decisions on each …
Companies need innovation to increase their market share and profit margin. Thanks to innovation, companies are able to put new successful products on the market. To get the most out of each new product, companies need to deliver them on time. Unfortunately, what usually happens is that most companies have a lot of …
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, depending on their strategies, companies need to decide whether to …
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 from each investment. A project portfolio can be considered like …
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. Innovation through projects Companies can decide to innovate by relying on incremental …
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 Project Portfolio Management (PPM) to prioritize those projects. There are …
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. Innovation through projects Companies can decide to innovate by relying …
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, companies need to use a management approach, such as Project Portfolio Management (PPM). PPM is an efficient way to manage …
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