Real Alignment
- Topics:
- Strategy Formulation
- Tags:
- IIR Exhibitions,
- It Operations,
- It service Management,
- Management,
- Portfolio Management,
- Project Management,
- Strategy,
- Tools & Techniques
- Source:
- IIR Exhibitions
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Overview: It has been seen that Portfolio management capabilities allow organizations to better control and manage assets, increasing responsiveness, revenues, and adaptability. Today's businesses find it increasingly important to execute projects efficiently—to do things right—bringing to the customer the expected quality and benefits desired from each project. To accomplish this, best practice organizations integrate project management and project portfolio management (PPM) practices to tie the executive decision process with resource allocation and day-to-day project execution. Project management focuses on meeting project requirements. It helps ensure that projects are done well, delivering results on time and budget. To satisfy both sets of stakeholders, organizations must define an integrated process that links project management and portfolio management practices. Thus, it is recommended that organizations consider creating an SPO at the enterprise level, if one is not already in place, to help establish and manage the enterprise portfolio of projects and programs.
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Format: HTML | Date: Jan 2003 | Pages: 1
