The PMO and the Agile approach

The PMO can be considered as the new fuel for organizational change. An effective PMO delivers business results. Everything starts with hiring and empowering key people that build successful teams, then it is important to create the right culture and finally to adopt the concept of servant leadership. The Agile …

How to manage expectations and needs of stakeholders

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. …

PPM is growing beyond the project management 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 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 …

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 improve project success probability and to achieve success, companies need …

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 from each investment. A project portfolio can be considered like …

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. Innovation through projects Companies can decide to innovate by relying on incremental …

How to create a project 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 Project Portfolio Management (PPM) to prioritize those projects. There are …

How companies can innovate

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 …

The right 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, companies need to use a management approach, such as Project Portfolio Management (PPM). PPM is an efficient way to manage …

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 more important to choose the right projects than doing the chosen project in the right way. PPM processes Project Portfolio …

How to choose the right projects

Project selection is very important to effectively apply Project Portfolio Management (PPM) . For this reason, it is worth exploring the essential tools and techniques to choose the right projects for the portfolio. It is also useful to say that having an official process to set project priorities could not …

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 are problems companies face when using PPM. What type of problems do companies face using PPM? Let’s analyze the three …

How to choose the right project by using PPM

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. Basically, it is more important to choose the right project than doing the chosen project in the right way. PPM processes Project …

How is Project Portfolio Management evolving?

Portfolio Management is evolving over time. Today, Portfolio Management goes over the evaluation techniques. It is going towards a more comprehensive managerial approach that explains how to use Project Portfolio Management (PPM). The trend of interest in the field of PPM and strategy topics has increased regularly in the last …

Problems companies face when using PPM

Organizations can benefit from using Project Portfolio Management practices. In fact, PPM allows companies to allocate resources, schedule, analyse, and manage projects and business. At the same time, companies also encounter problems when using PPM. What type of problems companies face in using PPM? Let’s analyze the three main problems …

PPM the logical decision process

Project portfolio management is considered to be a logical decision process. To execute PPM effectively it is important to consider some other aspects. In fact, there are characteristics of PPM that have a great impact on its implementation. Let’s analyze some of the most important assumptions that can have a …

How to manage the complexity of project portfolios

In a world that is becoming more and more complex, companies can use Project Portfolio Management to manage the complexity of their portfolios. In fact, as projects increase in number and size, the complexities and management challenges rise exponentially. Everyday, new market and strategic opportunities can arise. As a result …

What happens to companies that use PPM?

Companies can obtain many benefits by adopting Project Portfolio Management. In general, PPM helps companies to flourish by allowing them to focus on the most important and strategic projects and programs. Let’s analyze what happens to companies that use PPM. How can PPM help companies? PPM is able to deliver …

Portfolio Management is evolving over time

Portfolio Management is evolving over time. Today, Portfolio Management goes over the evaluation techniques. In fact, it is going towards a more comprehensive managerial approach that explains how to use Project Portfolio Management (PPM). Links between levels In many companies, it happens that corporate strategy gets filtered to the portfolio …

PPM and the link to the organization’s strategy

The trend of interest in the field of PPM and strategy topics has increased regularly in the last decades. It is expected to continue to increase in the future. Project Portfolio helps companies to achieve their organizational strategies and objectives. Organizations can use PPM to identify projects and portfolios that …

Breaking down corporate strategy

Organizations need to define a corporate strategy in order to achieve success. Defining a strategy is a critical factor for the future of a company. The right strategy will produce growth, profit, or any other objectives the executives have set. At the same time, an inappropriate strategy not only will …

A strategic tool to produce a competitive advantage

Companies can use projects as a powerful strategic tool to produce a competitive advantage and business value. Unlike the past, projects will become more and more important for driving company’s strategy into new directions. Organizations should use project portfolio planning in order to plan their strategy. Let’s see how to …

How to identify projects for strategy implementation

Strategic management helps companies to innovate their processes and products. Strategy allows organizations to determine the best configuration of systems, processes, products, and resources to reach their objectives. Once a company has chosen its strategy it has to implement it. To implement their strategies companies can use Project Portfolio Management. …

How to effectively execute organizational strategies

Today, companies are constantly under pressure to innovate and grow. To reach these objectives, they need to find an efficient way to implement their strategies.  Organizations execute their strategies through the creation of strategic initiatives. The execution of the organization’s strategies happens through the use of programs and project portfolios. …