A month ago, we outlined what businesses will be best suited to invest in project portfolio management (PPM) software. But once you determine that your organization has the three basic project characteristics that indicate that you might benefit from a software solution, you still have the daunting task of determining which solution will work best.
We should be clear that every solution will have its own set of flaws, and even the products that lack flaws require a massive budget and a lot of support. This often tempts organizations to give up on all of the options altogether, but this would be a mistake. Way back in 1986, Harvey Levine wrote, “The project manager who is waiting for the perfect project management solution will still be waiting 10 years from now.” 26 years later, this quote still rings true. Organizations should not be scared away from viable project management solutions because of a few imperfections. The focus should be implementing the technology that best fits your organization’s processes, while minimizing the investment of the implementation process. (more…)
We find that many managers who are able to turn inputs into an aesthetically-pleasing dashboard, end up disappointed by the hard information that the outputs provide. Below we’ve provided a couple of keys to developing dashboards that provide actual value to your Project Portfolio Management process.
Jim Colton and Project Assistants CEO, Gus Cicala, will be leading a webinar on Optimizing Portfolio Management: Integrating Portfolio Process with Microsoft Project Server 2010. Project Assistants is pleased to announce the agenda for this webinar set to take place on October 2nd at 3:00PM EST. Highlighting the event will be a demonstration on using Microsoft Project for your PPM processes and a detailed methodology for improving organizational PPM.
Following is the agenda in full:
Project Portfolio Management (PPM) Overview
Project Portfolio Management Approach
Microsoft PPM Demonstration
Summary of Benefits
For any questions, email us at firstname.lastname@example.org.
Organizations are beginning to recognize the comprehensive power that Resource Management has for addressing how to manage projects and project portfolios.
To put it simply, the daily operations of an organization revolve around executing initiatives to achieve the corporate vision. There are two criteria for meeting that end: doing the right projects and doing the projects right. Doing the right projects is the goal of Project Portfolio Management (PPM), and doing the projects right is the goal of Project Management. These two entities, then, are the foundational basis for accomplishing the mission of your organization.
What makes Resource Management so powerful is that it lies at the heart of both PPM and Project Management. (more…)