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.
implementing performance measurement
defines the logic for implementing the PPM principles, but, you need process to make it work. In many organizations, process is not well defined, or actual process does not follow written documentation. Who makes decisions, how, and the steps involved are part of organizational culture, and the informal authority is not always readily apparent or easily understood and navigated. In contrast, PPM must be established as a formal, consistent, documented, and repeatable process. How well the process is