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Tag: Project Portfolio Management Services

How To Build An Effective Project Portfolio Management ?

Even an organization that thrives on successful projects, they sometimes encounter a dead-end. And often the cause of that is the lack of practice or standard or if there is one, they tend to be inconsistent. The foundation of a successful organization lies on how they embed a certain culture and practice in their system. Every company must know that constantly changing the existing processes and methods put more harm than good on their projects. One of the best practices that have seen better days is the project portfolio management. There is a misconception that project portfolio, in general,...

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How To Build An Efficient Portfolio Management Office ?

As far as portfolio management processes go, portfolio management office is embedded in an organization in order to support a certain strategic objectives towards a successful result. Portfolio management office also serves as an additional support in terms of business goals and benefits from projects or programs. However, getting lost in the true purpose of portfolio management office can break the purpose you are expecting. Furthermore, it will hardly affect the organization’s infrastructure.     Portfolio management office may be simple on the surface, but it’s not an excuse to dismiss its specific existence and goals—on how it will be proven...

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What is Project Portfolio Management : The Basics

What is Portfolio Management? It’s one of those questions that can be really complicated when someone is not really that familiar with project or portfolio management. To understand something is always the first step. And what is project portfolio management being one of the questions that needs further understanding. Projects are the motherboard of an organization. They create an identity, they build the organization’s reputation, and they aid with investments and return value. These projects either operate separately or at the same time—and that is a big challenge for people working in it. Portfolios are thus born to organize...

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Understanding Project Portfolio Management

The constant changes in the business industry is a waking call for organizations to establish methods to increase their market profitability in a manner that is quick yet stays within the budget constraints. At the same time, organizations have to ensure that even they stick to the budget or schedule, the data being deployed are precise. Organizations are developing ways on how to keep up with the growing network that can possess these qualities and project portfolio management is thus born.     Many people, including those who belong to business organizations, tend to misconstrue, underestimate, and misinterpret project...

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