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Tag: Project Portfolio Management

The 10 Project Portfolio Management KPI To Adopt

The 10 Project Portfolio Management KPI To Adopt

Dec 22, 2018 | |

Metrics are convenient and easy to use. They measure and estimate cost, project duration, and ensure that the projects are where they are supposed to be but it doesn’t guarantee that it will solve all your problems. These metrics are meant to assist managers and their teams to gain a chance of the project success or an expected ROI benefit. Everything still lies in human resources. Project portfolio management KPI are helpful methods or tools in ensuring that projects are aligned to the business objectives or that they provide value or return once the delivery is finished.     Project...

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How To Build An Effective Project Portfolio Management ?

How To Build An Effective Project Portfolio Management ?

Jul 29, 2018 | |

Even an organization that thrives on successful projects, they sometimes encounter a dead-end. And often the cause of that is the lack of practice or standard or if there is one, they tend to be inconsistent. The foundation of a successful organization lies on how they embed a certain culture and practice in their system. Every company must know that constantly changing the existing processes and methods put more harm than good on their projects. One of the best practices that have seen better days is the project portfolio management. There is a misconception that project portfolio, in general,...

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10 Project Portfolio Management Benefits You Need To Know

10 Project Portfolio Management Benefits You Need To Know

Apr 6, 2018 | |

A clearer understanding of project portfolio management will help you comprehend its benefits that contribute to an organization. In this case, portfolio management is more than just organizing projects into a single portfolio; it also enables companies to conserve time and resources and create transparency in terms of tasks and decision-making. Project portfolio management benefits vary, yet very helpful to an organization. Companies need to be aware of this in order to understand what project portfolio management is conveying.  It eschews traditional project management; projects are less vulnerable to risks and they have a greater chance of success if portfolio...

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The 6 Factors To Gain An Effective PPM Solution

The 6 Factors To Gain An Effective PPM Solution

Oct 26, 2017 | |

The need for Project Portfolio Management (PPM) solutions is increasing, thanks to the business industries’ needs to effectively implement projects. Additionally, clients consider PPM solutions friendlier with their bank accounts and easier to distribute compared to the well-known traditional approaches. However, businesses are drowned in too complex components of PPM solution that they have difficulty understanding their main functions. Resource distribution, cost, schedule, and project status are essential when relying on PPM solutions. There are, after all, characteristics or factors to take into account when selecting your PPM solution. You can find them below :   PPM Solution Selection Factors...

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Why You Need To Use Project Portfolio Management Software Right Now ?

Why You Need To Use Project Portfolio Management Software Right Now ?

Aug 2, 2017 | |

Software tools and metrics play a big role in improving a project. They also make tasks easier and enable users to save budget and schedule, all the while delivering the product or service within the deadline. They are crucial attachments to a company’s success. Speaking of software, there are thousands of them cropping up in the market, catering to various needs of an organization. Some software falls into one spectrum and they focus on organizations that have similar needs or issues. This applies to project portfolio management software. A project portfolio alone has hundreds of thousands of tools devoted to...

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Understanding Project Portfolio Management

Understanding Project Portfolio Management

Jul 30, 2017 | |

The constant changes in the business industry is a waking call for organizations to establish methods to increase their market profitability in a manner that is quick yet stays within the budget constraints. At the same time, organizations have to ensure that even they stick to the budget or schedule, the data being deployed are precise. Organizations are developing ways on how to keep up with the growing network that can possess these qualities and project portfolio management is thus born.     Many people, including those who belong to business organizations, tend to misconstrue, underestimate, and misinterpret project...

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