PPM Master Class: Organizing the Business for Project Portfolio Management
Learn how to Organize your Business ready for Project Portfolio Management Deployment
In Part 3 of the PPM Master Class we turn our attention to the practical application of Project Portfolio Management, by exploring how the business can start to organize itself in preparation for its deployment. Throughout this paper, we will focus on the role of the Project Portfolio Management Team (PPMT) and the Program Management Office (PMO) in the adoption and deployment of PPM.
We begin by looking at the importance of understanding your resource capability and how real-time resource visibility, effective project governance, and effective deliverables management are vital to implementing a successful PPM process.
In addition we discuss why gaining ‘Real Time Information’ is essential for providing the business with speed and accuracy in its decision making, and explore the different information demands that different roles in the organization place on the PPM process.