In the quest to reduce wasted costs and increase project success, an increasing number of information technology (IT) organizations are embracing project and portfolio management (PPM) as approaches to both improve project performance and select the right projects-those that align with the organization's objectives. This paper examines PPM in relation to four elements: definitions of 15 ...

2008年10月19日 · Exhibit 3 shows the five primary steps of the portfolio management process. (Figure 3-2 in The Standard for Portfolio Management shows a more detailed breakdown of these steps (Project Management Institute, 2006, p. 25): Clarify business objectives; Capture and research requests and ideas

• Project Portfolio Management System with the ability to create credible models so Management can view the Project Portfolio from the Top Down as well as Bottom Up. In selecting a Portfolio Management System begin with the key Inventory project, organizational and reporting data fields you defined early in this process—use these as a base ...

In 1996, PMI released its first PMBOK Guide; in 2003, its first OPM3. Today, both publications are recognized as leading professional standards for practicing project management and assessing organizational maturity. Building on these successes, and after identifying a need for an approach addressing the increasingly popular practice of managing portfolios, PMI--in early 2004- …

2010年7月14日 · Project portfolio management is the process by which an organization focuses its limited resources on the development of new products and operational enhancements. It is primarily responsible for the evaluation and prioritization of current and prospective projects together with other ongoing initiatives. Its functions also include accelerating, decelerating, or terminating projects based on ...

PMI has recently published two standards for managing project portfolios--The Standard for Portfolio Management (SPM) and the Organizational Project Management Maturity Model (OPM3). This paper examines an approach--the unified portfolio management model (UPMM)--for integrating SPM's aligning processes with OPM3's executing and controlling processes. In doing so, it lists the four shortcomings ...

2015年6月1日 · As organizations continue to discover the importance of developing organizational portfolio, program and project management methodologies, they are also recognizing the need to improve on the alignment of projects and programs to strategic objectives. While some organizations may have matured the methodology formulation process, many experience challenges in deploying it across the ...

2002年10月3日 · In times of increased demand and increasingly limited resources, it is not enough to be successful at managing projects. Firms must choose to work on projects that make them successful. The art and discipline of project portfolio management aims to ensure the proper allocation of resources. This paper will provide a project portfolio management framework and actual analytics and techniques for ...

2021年6月3日 · 2) The implementation of a project portfolio management (PPM) solution has established a single source of truth for project information. This enabled us to move away from traditional, macro-heavy, and unstable spreadsheets to using a PPM tool that provides real-time, up-to-date information on the health state and performance of the project ...

2012年7月18日 · Project portfolio management (PPM) can be seen as a management innovation that in many firms is still to be further established and professionalized. Stakeholder behavior and stakeholder management are key success factors for projects, and therefore, also for portfolios of projects and their management. Further, stakeholder management must not only focus on single stakeholders but rather needs ...