How to Start a PPM Initiative: Where do you begin – process or technology?
Project Portfolio Management (PPM) is a strategic approach for maximizing the return on an organization’s project investments. Similar to any other strategic initiative, it is delivered through changes to organization, process and technology. Gaps in any one of these can impact the overall success of a PPM initiative.
Organizations can avoid such issues by developing a roadmap for PPM capability improvement, making some key governance decisions, designing right-sized PPM and project management (PM) processes, staffing the delivery and support of these processes, and deploying the processes in parallel with the implementation of supporting technologies.