Who should read the book

This book is for executives and business leaders who need to manage projects as business investments and to measure their impact on the bottom line. It is also for programme, project and resource portfolio managers who need to improve their methods of managing multi-project environments and to ensure that they are able to make their projects accountable to the corporate goals of the business.

Benefits of the book

Project Portfolio Management (PPM) is about ensuring you have the correct mix of projects that are focused on taking the business where it has decided to go. It is about being able to respond quickly to changes in the environment, enabling the business to set the direction and then create a series of steps to get there.

This book is a practical business guide to implementing PPM and is designed to help you:

• understand what Project Portfolio Management is about and why it is important
• build an effective process for your company using best practice processes and software tools to support PPM deployment
• kick-start the process in a realistic and workable environment, which is ´low risk´ to the business yet ´high value´ in its potential return on investment.
• execute and implement the process of PPM
• embed a sustainable PPM model within the business environment
• execute a PPM process that enables the business to manage the detailed projects process itself as well as delivering the portfolio perspective required to inform the business of their impact, with specific reference to the following:
  • measuring performance to ensure that projects are collectively meeting the portfolio strategy
  • identifying, qualifying, and funding projects that address the business strategy
  • enforcing a collaborative effort that enables senior executives to reach agreement on project portfolio objectives
  • better managing organisational resource demand, capacity, and capability
  • understanding how much your projects are costing the business
  • aligning your projects with the business´s strategic goals
  • managing multiple projects/programmes via the Programme Management Office (PMO)
  • giving key project and portfolio stakeholder role based visibility
  • understanding better how to resolve resource conflicts between projects
  • maintaining visibility of key project information across the enterprise
  • acquiring the benefits of real–time reporting in order to drive portfolio decision making
  • evaluating your organisation´s current readiness for PPM
  • understanding your organisation´s current strengths, weaknesses and gaps within the project management process