As an organisation’s initiatives multiply, the need for a streamlined and standardized method to identify, select, monitor, control, and report on results becomes essential. Portfolio Management offers a solution, enabling organisations to optimise investments by curating portfolios that align with their overall strategy, considering resource capacity, capabilities, and budgetary constraints. However, the traditional approach of Project…
The origins of Project Portfolio Management (PPM) can be traced back to the field of project management, which emerged in the mid-20th century as a response to the increasing complexity of large-scale projects in various industries. As organisations started to undertake multiple projects simultaneously, the need for a systematic approach to manage and prioritise these…
Effective portfolio management is a critical aspect of any organisation’s success. It involves coordinating and overseeing multiple projects, initiatives, and investments to achieve strategic goals. However, portfolio management cannot exist in isolation; it must be closely integrated with various organisational procedures and involve the active participation of multiple stakeholders. In this article, we explore the…
In the realm of modern business, the pursuit of organisational success often hinges on effective Portfolio Management. However, achieving this goal can be hindered by various challenges. Defining Portfolio Orientation Portfolio Orientation is the degree to which an organisation aligns itself with the principles and practices of effective Portfolio Management. It encompasses a strong commitment…