Category: Project Portfolio Management
Main Function of the Project Portfolio Management Office By Miley W. Merkhofer The function of the project portfolio management office is to manage the organization’s project portfolio, which typically includes prioritizing projects, allocating resources...
Benefits of the Project Portfolio By Miley W. Merkhofer Once opportunities have been identified, with relevant information normalized and made easily accessible, individuals throughout the organization with broad understanding of the business can provide...
Project Template for a Project Portfolio Database By Miley W. Merkhofer The information entered into a portfolio database should include, at minimum, the project name, type, and a brief description; internal and external requirements;...
The Quick, Fast Path Route to Project Portfolio Management (PPM) By Pradeep Bhanot As cloud computing rolls over the hilltops, Pradeep Bhanot from CA Marketing (Europe) explains how the SaaS model can help organisations...
Project Classification SchemesBy Miley W. Merkhofer Since it is useful to be able to monitor and control the mix of various types of projects within the project portfolio, a project classification scheme should be...
Inconsistent and Inappropriate Project Priorities (#5 in the series Problems with Project-by-Project Decision Making) By Miley W. Merkhofer A related problem is that the failure to establish organizational project priorities causes inefficiencies in the...
The Governance Process By John Filicetti The Governance process entails creating a project portfolio workspace to: Collect and manage project selection information Collect and manage project status information to evaluate projects in progress Collect...
Problems with Project-by-Project Decision Making – Poor Project Performance (#2 in the series Problems with Project-by-Project Decision Making) By Miley W. Merkhofer Failure to manage at the level of the project portfolio creates several...
Problems with Project-by-Project Decision Making – Too Many Projects (#1 in the series Problems with Project-by-Project Decision Making) By Miley W. Merkhofer Failure to manage at the level of the project portfolio creates several...
Project Portfolio Management (PPM) Domains – Part II (#2 in the series Project Portfolio Management (PPM) Domains) By Demian Entrekin Okay, so I’m digging in a bit deeper on the question of Supply/Demand issues,...