Project portfolio management (PPM) is a tool-supported process for optimally managing an organization’s “portfolio” of projects. And although PPM can provide real value, many organizations are finding PPM implementations difficult. However, there are key approaches that can increase your likelihood of success, as well as an effective step-by-step process for implementing PPM within your organization.
quality management principles and practices
the process to work. Quality data, critical for the application of PPM, will likely not be collected if it is not required by senior management. Strong support from senior management also provides an avenue for understanding the details of business-unit decision-making. The knowledge held by this group can be extremely useful in designing your PPM approach. For an initial, limited-scope implementation of PPM within a single department (e.g., a proof of concept), support and leadership from the department