Project Portfolio Management: A Primer (Part 1)

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Project Portfolio Management: A Primer (Part 1)

Frank Winters

February 16, 2005






In an attempt to convince you that it might be worth your while to learn more about PPM, here's a list of benefits. Just knowing that these benefits might be achievable should help you if you're a project manager--especially if you manage more than one project at a time--starting today!

 

PPM helps you:

  • Improve fiscal management
  • Improve communication between IT and business management
  • Quantify the benefits of your project
  • Decide how best to assign resources
  • Set priorities
  • Identify and manage risks
  • Assess the impact of adverse events, predicted or not
  • Sell your concept and get funding for your project!

New terminology tends to confuse people.



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