Any organization’s growth opportunities fall into four different categories, and to develop your business in a commercially sustainable manner, you need four specific types of the project manager to pursue them. These types emerged from our ongoing work of understanding how different business development projects can...
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Using the concept of PPM Maturity Model can help business executives realize the full potential of portfolio management and software solutions to enhance visibility, flexibility, and efficiency within the company. To use this framework, however, it is very important to understand the connection of PPM...
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Portfolio management, while being a sophisticated instrument of business, addresses immediate pains and needs of the business. Usually resulting in applying scheduling, budgeting, and other various project initiatives. Most of the businesses stay at this level, mostly not by design, but as a result of...
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Evolution of business practices is connected to portfolio management practice development. While a common starting place for “birth” of project management may be the need to establish control over the timeline. The end goal of PPM is no longer a representation of tasks, work effort,...
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Any business has a goal to grow and prosper. As this process starts there are several vital things, you should consider, for this growth to be controlled and manageable The task of maturity model for managing portfolios, programs, and projects is to help companies assess the...
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Part 1: How to protect your investments, keep your existing tools and gain visibility? Years of latent markets dampened the profits and increased the competition. These conditions made businesses aware, that chasing your goals “as it goes” doesn’t cut it anymore. While exploring PPM, small and...
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Project portfolio management system provides the ability to plan efficient use of resources. Many large enterprises and organizations have made and continue to make attempts to introduce corporate PPM strategies to enhance productivity and efficiency within the organization. If a Project is a purposeful activity of...
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“While project management is about executing projects right, portfolio management is about executing the right projects.” (c) Bob Buttrick Project portfolio management (PPM) is the centralization of your company’s businesses’ processes. It is done to analyze the current projects, categorize and group them into portfolios. This...
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Today, the vast majority of project-oriented organizations are facing an avalanche-like growth in the number of projects being implemented. Obviously, such organizations are in dire need of implementing uniform methods and standards for managing projects and project portfolios. A systems approach can significantly improve business...
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