Transcription of Implementing Project Portfolio Management
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Keys to Implementing Project Portfolio Management Lee Merkhofer, Project Portfolio Management (PPM) is a tool-supported process for optimally selecting and managing the organization s Portfolio of projects. PPM can provide real value, but many organizations are finding Implementing PPM difficult. This paper describes seven keys to success and presents a recommended step-by-step process for PPM implementation. c 2007-2009 Lee Merkhofer Consulting Implementing Project Portfolio Management i c 2007-2009 Lee Merkhofer Consulting Table of Contents Introduction ..2 1. Embrace PPM Principles ..3 2. Choose an Approach that Fits ..3 3. Secure Executive Support ..4 4. Establish Governance Structure ..5 5. Develop a Value-Measurement Framework ..7 6. Implement Effective Processes ..8 7. Institute Essential Capabilities ..9 8.
Keys to Implementing Project Portfolio Management . Lee Merkhofer, Ph.D. Project portfolio management (PPM) is a tool-supported process for …
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