Project Portfolio Management is not just Enterprise Project Management

Topics:
Commercial Lending
Tags:
It Operations,
It service Management,
Management,
Project Management,
Project Portfolio Management,
Sciforma Corp.,
Strategy,
Tools & Techniques
Source:
Sciforma

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Overview: "Now that the business world has discovered the importance of projects, and of project management, the next logical step is to move toward the recognition of PPM. But it is a very big mistake to think that PPM is merely an extension of Project Management (PM). The core mistake is to think that PPM is fundamentally the management of multiple projects. This article tries to define to define the PPM environment and the potential benefits from achieving integration of both organizational elements and data processes that would optimize the overall PPM process. Thus, decisions concerning the selection of projects and the allocation of resources should involve information and representatives of the marketing function, assuring that these decisions are supportive of the firm’s strategic initiatives and considerate of the firm’s cash and human resources."

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 58KB | Date: Jan 2003 | Pages: 3


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