Project Portfolio Management

Project management practices influence more than individual projects, they affect the overall health of a company’s project portfolio.

By setting a solid project management foundation in your organization, you’ll be equipped to do your projects right, a necessary first step to completing your initiatives on time and on budget. 

Project Portfolio Management (PPM) enables an organization to define, prioritize, understand, and measure the impact of projects on the organization.  PPM also defines the magnitude of resource involvement so you don’t over-commit your teams.  Improve your project portfolio management capabilities, and do the right projects right.

Integrated Project Management Company, Inc. (IPM) establishes and improves your project management and project portfolio management tools and processes so that you consistently prioritize and execute the projects tied to your organization’s strategy that will yield the strongest profit and benefits.  With the right project and portfolio management practices in place, you’ll make best use of your time, talent, effort and budget.

Assessment

IPM’s assessment brings growth opportunities to the forefront.  IPM will assess:

  • Organizational commitment to project management and project portfolio management
  • PM and PPM processes, tools, and templates
  • Development opportunities for project managers
  • Project portfolio decision making and governance
  • Resource management, change management, and risk management tools and practices 

Customization

Our approach to project portfolio management is all about understanding your culture and right-sizing practices to the needs of your organization.  We ensure that the structure, tools, and processes we recommend are aligned with your goals and resources. 

Implementation

IPM implements project management and project portfolio management tools and processes based on the insight gleaned from our assessment. IPM will:

  • Close gaps in project managers’ capabilities
  • Create/improve your project management office (PMO)
  • Serve as your organization’s virtual project management office (PMO)
  • Create/improve project and project portfolio processes, tools, and templates
  • Create/improve project and project portfolio governance structure
  • Create/improve resource planning discipline
  • Evaluate and implement PM and PPM software as needed
  • Coach, mentor, and train PMs, governance board members, functional leaders, and team members
  • Lead pilot projects to demonstrate best practices and assure cultural assimilation
  • Reassess periodically to measure progress and recommend course corrections