Tuesday, June 14, 2016

Setting up Project Portfolio Management

Project Portfolio Management or "PPM" as it is known, is a hot subject among organisations who are engaged in Project Management / execution activities. 

PPM helps organisations to avoid 're-inventing the wheel' every time. According to Wikipedia definition:

"Project Portfolio Management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals ― while honouring constraints imposed by customers, strategic objectives, or external real-world factors.
PPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessary to accomplish all interrelated tasks. It provides a framework for issue resolution and risk mitigation, as well as the centralized visibility to help planning and scheduling teams to identify the fastest, cheapest, or most suitable approach to deliver projects and programs.
"
Thankfully there are well developed on-line tools and expert support readily available to those who are aiming to set-up PPM in their organisations. ITM Platform is one of the industry leaders in this segment.



ITM Platform offers practical and powerful project management solutions. Besides being an intuitive project management software, it offers portfolio management , projects programs, services and resources. ITM Platform is 100% scalable, which enables organizations to manage projects, tasks and staff as needed. 

Portfolio management and strategic planning integrates naturally with the daily operations of project management and online services, offering an effective mechanism to control the planning and implementation of projects. It is one of the best solution for managing online projects: for performance, usability and scalability .

FREE WEBINAR with ITM PLATFORM:

ITM Platform is organising a free webinar to those want to know more about PPM and how to set it up in their respective organisations. 

ITM Platform has implemented our project management solution in over 300 organizations. And want to share the lessons they have learned with you to help you develop and improve your project-oriented organization.
What you will see during 45 min?
• Design of a project-driven organization.
• Change Management.
• Basic Configuration of ITM Platform.
When? JUNE 16th at 10 am (Boston, Eastern Tine Zone)



Its a great opportunity for learning and I recommend PM Karma readership to attend.
Please let me know your reviews in the comment box below. Thanks!

2 comments:

  1. This is a brilliant writing and very pleased to find this site. I could not discover to much different information on your blog. I will surely be back again to look at some other important posts that you have in future.
    Culture that Works

    ReplyDelete

Please post your comments here. I read them personally and reply , if needed.