Project Portfolio Management

Project management practices influence more than individual projects—they affect the overall health of a company’s project portfolio and the ability to advance its overall strategy.

Integrated Project Management Company, Inc. (IPM) can help develop and improve your project management (PM) and project portfolio management (PPM) framework, allowing you to prioritize and execute strategic projects that will deliver tangible, sustainable benefits.

Our approach to PPM is to understand your culture and right-size practices to fit your organizational needs, aligning our recommended structure, tools, and processes with your goals and resources.

IPM can lead your organization in establishing or enhancing an effective Project Management Office (PMO) and build your project, program, and portfolio management capabilities. IPM can also help transform your organization using key elements from our proprietary Strategic Realization Model (SRM), addressing your company’s strategic direction, strategic alignment, and strategic execution.

IPM’s offerings include the following distinctive services:

Strategic Realization Model

  • Establish framework, process, and discipline across an organization to accomplish the essential strategic objectives for success
  • Align finite resources throughout the organization to ensure the most important things get done
  • Enable visibility to project and portfolio performance to ensure realization of organizational benefits

ARTICLE: Strategic Realization Helps Win the War for Business Success

PPM/PMO Maturity Assessment

  • Assess current methodologies and tools with a focus on strategy, project management, PPM, and change management practices through a formal assessment process utilizing seven success factors
  • Evaluate the effectiveness of decision-making, communication, and governance
  • Prioritize recommendations and provide a sequenced roadmap for increased growth using IPM’s proprietary maturity model

CASE STUDY: Fine-Tuning Project Portfolio Management (PPM) Positions Fast-Growing Company for Profitability

PPM Enhancement/Implementation

  • Align portfolio projects to strategic goals
  • Establish/enhance project prioritization and selection process
  • Develop PPM analysis process, including resource capacity and portfolio balance
  • Provide portfolio management leadership

CASE STUDY: Optimized PPM Process Helps Medical Device Company Deliver Strategic Projects

PMO Enhancement/Implementation

  • Establish/enhance PM processes, tools, templates, and governance
  • Develop project communication strategies
  • Provide on-site PMO Director leadership, including management of PM staff

CASE STUDY: Company Specializing in Hospital Communications Gets a Project Portfolio Prescription

PPM Software Selection & Implementation Process

  • Understand goals and requirements of a new software solution
  • Provide an objective short-list of market vendors suited for the organization, scored for alignment to needs and maturity
  • Support the end-to-end implementation of PM/PPM software with project management leadership to ensure maximum adoption and integration with other technology

ARTICLE: Thinking About Implementing PPM Software? Don’t Be Too Hasty

Outsourced/Cooperative PMO 

  • Outsource PMO responsibilities to IPM to focus on your core competencies, or partner with IPM to provide support and expertise for your PMO
  • Provide on-site PMO Director leadership, including management of PM staff
  • Apply expertise to provide tools, templates, governance, and portfolio management