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10 Critical Steps for Successful Project Portfolio Management

Right now, agencies are grappling with diminished growth rates, tighter budgets, and intense pressure to manage their investment dollars more effectively. In this atmosphere of increasing regulatory requirements (like CPIC) and accountability, organizations struggle to make the best decisions every day. This can be daunting—but not impossible. Properly applied, Project Portfolio Management (PPM) can help your organization make better and more informed decisions on a recurring basis. PPM provides a dynamic decision-making process for assessing value, prioritizing projects, and allocating resources to meet key organizational objectives across the enterprise. The end result is the ability to select the best mix of projects that maximizes the benefits and minimizes risks for your agency.

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