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Project Portfolio Management

Project Portfolio Management

Project portfolio management is a process that ensures your company spends its scarce resources on projects that will deliver the most value to your organisation. It is a particularly important process for validating the costs involved in a project.

Similar to an investment portfolio, the project portfolio aims to improve the return on investment (ROI). This requires an understanding of the current value of the project portfolio to the business and relies heavily on the business case and ROI data (information that is often missing).

Benefits of Project Portfolio Management

A good project portfolio management process will assist with the selection and balance of projects to ensure your organisation’s business goals are met. It also provides essential executive support for decision-making.

Ensuring your company employs good project portfolio management will boost your bottom line.



 
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