10 Benefits Of Adopting Project Portfolio Management
searchCIO, January 26th, 2023
Project portfolio management takes a centralized approach to managing projects and focuses on aligning projects with company goals. Learn how it adds value to project management.
The complexity, cost and size of projects have grown exponentially in recent decades. So, too, have the number of projects undertaken by organizations. Taken together, it's no wonder that managing projects efficiently and completing them successfully have both become critical priorities for many organizations.
In fact, the success of projects has become so central to enterprise success that the Project Management Institute (PMI) has labeled the commerce of this age as the Project Economy, saying it's an era "where organizations deliver value to stakeholders through successful completion of projects, delivery of products, and alignment to value streams."