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Program and Project Management

Project Portfolio Management

Raise the maturity level of your portfolio management and enhance decision making, communication, governance, and prioritization to ensure projects align with your strategy and you achieve your goals. 

Overview

Project portfolio management can help you navigate a world in which there are far too many projects and too few resources. Everything can’t be a priority. Instead, you need to focus on what matters most.  

With a defined process and well-functioning governance structure, selecting the projects that will enable you to achieve your goals becomes easier. IPM takes a custom approach to help you optimize your portfolio. We’ll work with you to create a prioritization model designed to reach your specific goals while working within your organization’s constraints.  

Project portfolio management is a smart way to allocate resources 

We know from experience that project portfolio management (PPM) helps companies accomplish their most important goals. But few do it well. And most can do it better. With IPM’s help, it can become a strategic advantage.

Our PPM consultants ask the right questions and give you the tools you need to fine-tune your project selection process and maximize the return from your projects.  

IPM’s project portfolio management consultants will:  

  • Assess the health of your current portfolio and provide recommendations to ensure effective implementation. 
  • Work with you to develop a PPM process and governance model. 
  • Create a customized prioritization model based on key criteria for your business, focused on achieving strategic goals and working with existing financial and human resource constraints. 
  • Assist you with resource planning so you can understand the level of support needed to ensure the success of current and future projects.  

IPM can establish and implement a new project portfolio management capability within your organization or functional area. Or we can help you take your current PPM practices to the next level. 

How We Can Help You

Assess your project portfolio management maturity

With fresh eyes and a custom approach, we’ll review the effectiveness of portfolio processes, tools, and governance, including decision making and communication. Are projects in line with strategy? Are you successfully prioritizing projects? How well does your organization manage change? Based on the assessment, we’ll recommend steps to close the gaps and provide a sequenced roadmap to help you improve based on IPM’s proprietary PPM maturity model 

Implement or enhance your PPM capabilities

No matter how mature your PPM capabilities are, IPM can help take them to the next level. Our PPM consultants meet you where you are. We provide both guidance and tools to help you align projects to strategic goals and fine-tune how you prioritize and select projects. You’ll learn new ways to analyze projects, allocate resources, and keep your portfolio in balance. With IPM experts at your side, new PPM processes can take hold. We can provide a PPM leader or develop customized training for your team. If technology would support your efforts, IPM can help select the right PPM software for your needs and lead its implementation.

Count on IPM to Improve Your Project Portfolio Management Capabilities

Few consulting firms have the project portfolio management experience and knowhow of IPM. Since 2012, our in-house PPM Center of Excellence has managed more than 135 PPM projects for clients ranging from start-ups to Fortune 500 companies. Our PPM consultants average more than 18 years of experience and hold a variety of advanced degrees and certifications in project management, portfolio management, Agile, and change management. This allows us to bring specialized expertise to meet your unique needs. 

If you’re ready to improve your approach to managing your project portfolio, you can count on IPM to lead, implement, or enhance your PPM capabilities. Our proprietary tools and knowledgeable consultants will give you the confidence you need to select the right projects and programs, optimize resources, and ultimately achieve your goals.

Insights

ARTICLE

Overcoming Strategic Prioritization’s Toughest Challenge: Human Nature

Most agree that focus is important and prioritization is essential. Yet few organizations prioritize well. Why? Because it’s very difficult to do. IPM’s strategic portfolio experts reveal how our inherent biases work against prioritization and what you can do about it.

Read More

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Our Experts

Tanya Roberts IPM Senior Director

Tanya Roberts

Sr. Director Project and Portfolio Management Services

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David Sanchez IPM Principal Consultant

David Sanchez

Principal Consultant

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Jenn Tadros IPM Principal Consultant

Jenn Tadros

Principal Consultant

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