When implemented effectively, project portfolio management helps to improve project management processes and methods, reducing project failures and improving customer satisfaction. Here are 13 reasons why your organization needs project portfolio management.

1. PROJECT
PORTFOLIO
MANAGEMENT(PPM)
13 Reasons Why Your
Organization Needs

2. Refers to “the centralized
management of one or more
project portfolios to achieve
strategic objectives”.
It’s about doing the right
projects at the right time.
WHAT IS
PROJECT
PORTFOLIO
MANAGEMENT?

3. WHY IS PPM
IMPORTANT?
Successful PPM helps
organizations to:
Deliver more projects on time and
within budget
Meet agreed strategic goals to drive
commercial growth
Develop a project management
culture with a focus on best
practices
Reduce project inefficiencies
Improve customer satisfaction.

4. 13 Reasons Why Your Organization
Needs PPM

5. 1. PROJECT
REQUEST
MANAGEMENT
Track, log, and assess
all project requests to
deliver strategically
valuable projects.

6. 2. VISIBILITY
Track ongoing projects
and resource allocation
throughout the
organization.

7. 3.COLLABORATION
Help teams work
together more
efficiently and
successfully with the
right tools and
processes.

8. 4. RISK
MANAGEMENT
Implement risk
management strategies
at the portfolio level to
protect all projects and
resources.

9. 5. STAKEHOLDER
ENGAGEMENT
Provide stakeholders
with a complete view of
all projects and relevant
data for enhanced
decision making and
buy-in.

10. 6. GOVERNANCE
Ensure transparency and
accountability for all
project processes and
outcomes.

11. 7. BENEFITS
REALIZATION
Create and implement
solutions to support
end-users and deliver
the agreed ROI.

12. 8.RESOURCE
MANAGEMENT
Track, allocate, and
optimize all available
resources for maximum
benefit to project teams.

13. 9. COMPETITIVE
ADVANTAGE
Optimize resources,
minimize risk, and
respond to customer
demands in a fast-paced
business environment.

14. 10. DECISION
MAKING
Improve decision-making
and problem-solving with
access to the best data
from all projects in an
organization.

15. 11. ALIGNMENT
Help senior management
and teams to agree on
strategic objectives.

16. 12. CONTINUOUS
IMPROVEMENT
Use metrics and
feedback to continually
evolve best practice
guidance and templates.

17. 13. TALENT
Attract, recruit, retain, and
develop the best talent to
meet current and future
challenges.

18. LEARN MORE
One Page Plan for Successful
Portfolio Management
5 Ways to Optimize Project and
Portfolio Management
The Business Case for Project
and Portfolio Management (PPM)
Software
Top 4 SharePoint Templates for
Project Portfolio Management [on-
demand webinar]

19. BRIGHTWORK
BrightWork is the most flexible project management
solution with best-practice templates and portfolio
management dashboards on SharePoint.
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