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Tag: Portfolio Management

Bridging The Gap Between Portfolio Management Metrics and Your Organization’s Strategic Solutions

Crucial and significant decisions are one of the things organizations face on a daily basis—facing these all mean the people in the hierarchy devote their time making certain decisions for their organization’s improvement, development, and growth. This also means constant procedures and solutions in order to stay afloat with the changes in the business industry. The advent of technology has given companies various opportunities to decide easier and won’t get bogged down by too many decisions and issues that seem too complex to resolve. From this birth of a technology that the industry has witnessed the rise of Project...

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Understanding the Roles of the Project Portfolio Manager

Management is very important within any organization. Without it, the business will fall into ruin and it would be complicated for teams to prioritize projects and monitor the health and amount of the existing resources. These days, organizations are being pressured by the growth and changes in the market to employ individuals with not just a degree in a certain field but experience, skills, and even certification as well. The management is also responsible for planning, executing, and finalizing projects. It is at the very top of the governance hierarchy; each process involved in a project consists of management....

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Your Crash Course on PPM Software

With the varying degrees of changes going on around the market, organizations are pressured to come up with innovative ways to keep up with the business trends. From creating new tools to developing new methodologies, the business industry can be a pretty fierce wave that is hard to navigate if you don’t know how to make your way around it. And that being said, you might get washed ashore.   Performance metrics have emerged for years and technologies have become a company’s adversary in the face of both predictable and unpredictable changes in the industry. Organizations are still struggling...

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How To Build An Efficient Portfolio Management Office ?

As far as portfolio management processes go, portfolio management office is embedded in an organization in order to support a certain strategic objectives towards a successful result. Portfolio management office also serves as an additional support in terms of business goals and benefits from projects or programs. However, getting lost in the true purpose of portfolio management office can break the purpose you are expecting. Furthermore, it will hardly affect the organization’s infrastructure.     Portfolio management office may be simple on the surface, but it’s not an excuse to dismiss its specific existence and goals—on how it will be proven...

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What is Project Portfolio Management : The Basics

What is Portfolio Management? It’s one of those questions that can be really complicated when someone is not really that familiar with project or portfolio management. To understand something is always the first step. And what is project portfolio management being one of the questions that needs further understanding. Projects are the motherboard of an organization. They create an identity, they build the organization’s reputation, and they aid with investments and return value. These projects either operate separately or at the same time—and that is a big challenge for people working in it. Portfolios are thus born to organize...

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Project Portfolio Management Best Practices : Doing the Right Way

Imagine this scenario: you are a president of a particular project management division under a certain company. You do your own routine every day once you step inside your office. Employees are doing their jobs, but for some reason, they are not completed on time, changes have to be made every second, and the plan is a flop. The obvious is right under your nose. What are the causes of project failure? Why do projects still fail despite careful planning? Why do these projects still end up into ruin even portfolio management is implemented? Such discipline is supposed to...

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