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Project Portfolio Management Best Practices Collection

The “Project Portfolio Management Best Practices” category is a comprehensive collection of resources, articles, and information related to best practices, methodologies, and techniques for successful Project Portfolio Management (PPM) implementation and execution. This section of our CIO Reference Library provides valuable guidance for CIOs, IT executives, and other decision-makers seeking to enhance their organization’s PPM capabilities, prioritize resources, and deliver successful projects that align with strategic goals and maximize return on investment.

Adopting PPM best practices helps organizations manage their project portfolios effectively, ensuring alignment with strategic objectives, efficient resource allocation, and successful project execution.

Key topics within the Project Portfolio Management Best Practices category include:

  • PPM Methodologies and Frameworks: Learn about various PPM methodologies and frameworks that can help organizations establish and implement effective PPM processes, ensuring the successful management of projects and alignment with business objectives.
  • PPM Governance and Processes: Discover the importance of establishing effective PPM governance structures and processes, ensuring proper oversight, decision-making, and alignment with business objectives.
  • PPM Tools and Software: Explore best practices for selecting and implementing PPM tools and software solutions that support your organization’s unique PPM requirements and processes.
  • PPM Resource Management: Understand the best practices for managing and allocating resources across your project portfolio, ensuring the efficient use of resources and the timely delivery of projects.
  • PPM Risk Management: Learn about the best practices for identifying, assessing, and mitigating risks associated with your project portfolio, ensuring the successful execution of projects and achieving strategic goals.
  • PPM Metrics and KPIs: Discover the best practices for establishing, tracking, and optimizing PPM metrics and key performance indicators to measure the effectiveness and success of your PPM initiatives.
  • PPM Continuous Improvement: Gain insights into the best practices for ongoing PPM improvement, including regular reviews, assessments, and optimization efforts to ensure continued alignment with evolving business objectives and IT landscapes.

The Project Portfolio Management Best Practices category offers valuable insights and guidance for IT leaders seeking to adopt effective PPM practices. By leveraging the knowledge and resources shared within this category, IT professionals can effectively manage their project portfolios, ensure alignment with strategic goals, and ultimately deliver successful projects that create value for their organizations.

Project Portfolio Management Best Practices Performance Trends

This research studied the connection between project performance, and PPM Maturity in an organization. It discusses frameworks for both project/program portfolio management maturity, and performance to highlight practices that work, and create value for the enterprise.

Common Mistakes in Project Portfolio Management (PPM) Implementation

Project Portfolio Management aka PPM is designed to create business value. However, often it fails to deliver on this promise? Why? The author contends that PPM initiatives fail because they do not overcome specific challenges. This whitepaper details what those common pitfalls are and provides guidance on how to avoid them to ensure successful delivery of business value.

Project Portfolio Management (PPM) Best Practices

This presentation introduces Project Portfolio Management (PPM) and guides you through an implementation process. The author stresses the fact that PPM tools are important but they alone do not ensure success of your initiative – you must have the right skills to get the job done. What are the specific skills needed to ensure success? The presentation details each skillset required and how to source it.

Measuring Project Portfolio Management (PPM) Success

Dude, where are my benefits? A CIO is sure to ask this question after the completion of a project or PPM initiative. This white paper helps you understand best practice process on how to identify, and measure the success of a project – what are the benefits accrued? how do we calculate them? It provides examples to illustrate the approach and help you implement it in your organization.

Project Portfolio Management (PPM) Tips and Tricks

If there was a single thing that Project Portfolio Management (PPM) must get right it is: right from the start i.e. getting the right projects to invest in. This ensures success without the waste associated with failed projects. So, how does a CIO ensure that they have selected the "right" projects? This paper discusses tips to project selection – use them to ensure that you pick only gems in your portfolio and deliver higher business value to the enterprise.

Critical Success Factors in Project Portfolio Management (PPM)

This guide on critical success factors for effective Project Portfolio Management (PPM) provides a detailed exploration of ten factors for organizations to manage their project portfolios strategically, ensuring that resources are allocated efficiently to maximize returns and minimize risks. From senior management commitment to integrated risk and performance measurement, each factor is designed to help organizations strategically align their projects, optimize resource allocation, and enhance overall project success.

Beyond IT Governance and Project Portfolio Management

This guide on the essentials of strategic portfolio management, presents a comprehensive framework and best practices to align projects with strategic objectives, optimize resource allocation, enhance governance, and improve financial discipline. It emphasizes that while PPM tools, templates, and techniques create substantial business value, combining them with robust governance and financial discipline is essential to achieve the highest return on investment.

Project Portfolio Management Process

This document defines the project portfolio management process – the steps to follow to implement project or program portfolio management (PPM) in the enterprise. (50 pages)

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