Project Portfolio Management

Project Portfolio Management - is controlled and coordinated management of multiple projects to achieve a set of business goals. How to determine the number of projects to be implemented in a given year. Project Portfolio Management.

Each year, the majority of companies in the crazy rush allocate internal budgets for projects that they are going to do in the next financial year. Usually companies are inundated with requests from various departments to provide features and benefits through a variety of projects and programs. But companies are acutely aware that it is necessary to strike a balance between the long list of cases are required to perform the organization and the ability to cope with them.

Trends in production management and product portfolio - the last five turning ideas
Project Portfolio Management
Type of production management and product portfolio has changed a lot over the past 25 years and currently available tools allow the production manager to work faster and more efficiently than ever before. The following are the last five turning principles into product management and the reasons for their importance for disposal project or product to market.

Project management and portfolio -based processes
Project Portfolio Management
From research and development to customer service efficient service value chain is part of the organization's success with the release of new products into the market. In fact, many organizations carry out their projects to develop new products (NPD) in isolated environments, without taking into account all the elements that can affect the success of the product. NPD projects exist not only in the world of marketing and technology. NPD projects in many cases should include implementing strategic objectives, customer requirements and the total working operations and finance, in order to successfully implement them.

Profit and loss unfulfilled project is not necessarily equal to zero
Project Portfolio Management
If you do not realize all gains and losses from default project, then perhaps you are not increased to the maximum value of your portfolio and worked on the wrong projects.

How to prepare for recovery after the crisis
Project Portfolio Management
Channel CNN recently published an article about the consequences of the economic crisis, saying that the economy is finally coming up. What does this mean for the business environment? Projects that have been closed a year or two ago, again renewed, and they can be a lot of money involved. Is this good news - it depends on how much you are willing to take advantage of the new opportunity. Are you sure you are able to use the right people and the right decision how to spend money?

Ranking of projects - the basis of project portfolio management
Project Portfolio Management
Ranking of projects is the basis for portfolio management. Good ranking system projects in the portfolio should not only simplify and expedite the process, but also provide better results than when it is done manually or by spreadsheets.

Creating a team to make decisions
Project Portfolio Management
Core of most IT organizations is the successful implementation of projects: a unique, time-bound action developed in order to fulfill any task. Along with the fact that organizations gain more experience in project management, successful implementation also increases, however choosing the right projects still remains a major problem.

How often worth revise portfolio
Project Portfolio Management
You have a lot of projects. You can not do everything at once, because you do not have many resources. You know that if you ask someone to work on more than one project, one can not do anything. One of the strategies for achieving several projects is the creation of a portfolio of projects and their ranking according to priority.

What is a project portfolio management
Project Portfolio Management - is more than just the management of multiple projects. Each portfolio must be evaluated for its business value and compliance strategy. Portfolio should be designed in such a way that it helps in achieving business goals or benefits. Right direction of individual projects will provide the correct execution. Successful direction of all projects will provide you with the correct implementation of projects.

Four levels of project success
Project Portfolio Management
To date, organizations are increasingly based on projects, ie the work performed is divided into programs and projects designed to provide the following values ​​and organizational strategy. Good governance is essential if the organization wants to succeed.

Revolution or evolution of project management
Project Portfolio Management
While the portfolio management is gaining momentum in all sectors of the economy, one question remains - is whether the project portfolio management a significant departure from traditional management practices, or a step of evolution, a natural addition to the traditional methods of control?

Management Maturity Model portfolios, programs and projects - instructions for improved performance
Project Portfolio Management
In the 1990s, we have witnessed a growing number of people with a special "project manager", as organizations have dealt with the ever changing world by managing through projects. Many organizations have adopted PRINCE2 methodology as a means to get some continuity in podohodyat project management of their multiple heads.

Differences between portfolio management, program and project
Project Portfolio Management
There is some confusion, and therefore confusing use of terms, when it comes to program management. Sometimes a program is called a project. Sometimes a project is called a program. In addition, sometimes the program portfolio and mistakenly used instead of each other. This article will help you understand the basic differences and identify the unique aspects of portfolio management, program and project.

Project Portfolio Management
For multiple departments to provide services to the requirement to implement new projects often exceeds the capacity. Whether it's because of financial constraints or resource depletion - have you ever say "no."

Corporate process of selecting projects
Project Portfolio Management
There are some solutions for project management, facilitate the work of companies that may face financial problems. Strong leadership in project management should be included in the process of selecting projects. In this article we look at the business drivers and evaluation methods that can be considered when selecting projects.

Key questions to consider when choosing a project management and portfolio
Project Portfolio Management
According to an article in a leading journal of advanced technologies, the demand for management solutions for project and portfolio grows correspondingly weakened economy. Many businesses choose to implement the decisions and project management portfolios in order to determine which IT projects are critical and as much as possible to facilitate their effective implementation. These customers also found that the solutions proposed by the software as a service, it is cheaper and easier to implement than traditional.

Ups and downs in portfolio management
Project Portfolio Management
Portfolio, namely portfolio - a "set of projects, programs and other work that are grouped together to establish a more efficient method of managing this work in order to have made ​​all the strategic goals of the business." ("Standard for Portfolio Management" from the Project Management Institute, 2006).