Project portfolio managementProject Portfolio Management (PPM) supports management in making those choices with regard to the selection and supervision of initiatives that best match the strategic objectives.
Project portfolio management
Organizations with an extensive portfolio of projects and change initiatives have an additional need for insight and overview. This is essential for management to make the right decisions about those projects and to oversee the impact of those decisions. Project Portfolio Management (PPM) supports management in making those choices with regard to the selection and supervision of initiatives that best match the strategic objectives.
PPM helps to get the maximum value from projects with the right deployment of people and resources. Without PPM it is actually impossible to guide this in the right direction and to systematically work towards a fit and agile organization. We call this Organizational Fitness.
Insight into the projects of the organization
More and more organizations are realizing that there is no “one size fits all” project approach and the choice for a particular approach depends on the assignment. This creates a “blended” project portfolio. In such a portfolio, waterfall projects, hybrid projects and agile changes are started and managed together. However, managing a blended project portfolio is a lot more complex than a regular portfolio and demands a lot from the capabilities of the decision makers and portfolio managers.
Project portfolio tooling
Reaping the full benefit of a project portfolio implementation requires a platform capable of providing a single, visual source of truth that allows each team member to get the complete overview of projects, tasks, budgets and other information needed and collaboration on a real-time basis. In consultation with the organization, we select the best Project portfolio tool that optimally serves the purpose of the organization.
Our partner Improven guided, among others, the following organization in the field of project portfolio management: UMCG, Zorggroep Midden Nederland, Liberty Global, Liandon, Kwantum, Mercedes Finance, Council for the Judiciary, COA, Avans Hogeschool, HWW Zorg, Pro Persona GGZ, Vialis, Municipality of Amstelveen, Agility Logistics.
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