Project Portfolio Management: A Benchmark of Current Business Practices
- Topics:
- Project Management
- Tags:
- Center For Business Practices,
- It Operations,
- It service Management,
- Management,
- Method,
- Project Management,
- Project Portfolio Management,
- Tools & Techniques
- Source:
- Center for Business Practices
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Overview: Organisations are moderately satisfied with their current project portfolio management methods, and only a few of them would rate their method as excellent. In particular, the methods are not easy to use. These conclusions are among the results of a survey of sixty four project management practitioners by the Center for Business Practices, the research arm of the consulting and training organization, PM Solutions. According to the research, top performing organizations are consistently better in all phases of PPM (inventory, analysis, planning, tracking,review). Areas where top performers are particularly better than poor performers include having a central repository to capture project information, having information available on resources, optimizing the project portfolio. Organizations use a wide variety of methods for selecting and prioritizing projects. Ranking was the method used by a majority of organizations. the observations and the conclusions of the survey has been discussed in this issue.
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Format: PDF | Size: 51KB | Date: Jan 2003 | Pages: 5
