Mastering Project Portfolio Management: Implementation Methods for Success
Introduction In today’s fast-paced business environment, organizations are constantly striving to deliver more projects with limited resources. This is where project portfolio management (PPM) comes in – a crucial discipline that enables organizations to prioritize, manage, and deliver projects that align with their strategic objectives. According to a study by PMI, organizations that adopt PPM see a 40% increase in project success rates and a 25% reduction in project failure rates (PMI, 2020). However, implementing PPM can be a daunting task, especially for organizations new to this practice. In this blog post, we will explore the implementation methods of project portfolio management, providing you with a comprehensive guide to help you get started. ...