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Managing your projects as a Portfolio

In many organisations, Project Management has proven itself to be a powerful approach to manage change activities outside day-to-day operations. However while tools, techniques and skills for successfully managing projects might be in-house, the following issues are often encountered:

• Insufficient financial resources to start up all planned projects.
• Lack of resources causing excessive delays of active projects.
• Key contributors working on too many projects and working too much overtime.
• Frequent change of status of projects.
• Delayed completion of projects desynchronized from the strategic goals.
• Intense competition, rather than cooperation, among departments and sub-organisations when staffing and funding projects.

More than often the root cause of these issues is a lack of project prioritization.

Project Portfolio Management is a method for managing all project needs within the organisation, linking the projects with the company strategy and prioritizing the best projects. Portfolio Management brings focus within your company and concentrates your resources on the projects contributing the most to your strategy.

At Ideas@Work, we have developed a method, tools and skills for managing project portfolios. Depending on your organisation‘s existing situation and your requirements, we can support you in:

- Extending your current project portfolio management (PPM) set up
- Coaching existing PMO teams in project portfolio management
- Assisting you in the comprehensive set up of PPM, incl. Governance
- Reaching quick win project portfolio prioritisation

>>More info: Olivier De Boeck