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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 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 Strategy Realization Model (SRM), addressing your company’s strategic direction, strategic alignment, and strategic execution.

IPM’s offerings include the following distinctive services:

Strategy 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

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

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

PMO Enhancement/Implementation

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

PPM Software Selection & Implementation

  • 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

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

Featured Articles

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

Although a Midwestern food manufacturer was hitting internal growth targets and seeing double-digit profit increases—much of it from popular new products— success was coming at…

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Optimized PPM Process Helps Medical Device Company Deliver Strategic Projects

The R&D team of a global medical device company was experiencing project slippage, diluted resources, prioritization problems, and too many projects within its current portfolio.…

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IPM Experts Share Project Prioritization Insights in New Podcast

As guests on the popular Project Management Paradise podcast, IPM’s Andrew Dolvig and Noe Dorantes discussed how our Strategic Realization Model helps businesses define, prioritize,…

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Six Reasons Why Healthcare Projects Fail

If you’re like most healthcare management professionals, your organization probably has a large portfolio of critical initiatives at various stages of execution—whether those projects involve…

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Assistance Needed, Stat: Company Specializing in Hospital Communications Gets a Project Portfolio Prescription

Successful companies are constantly fine-tuning existing products and planning new ones. But even the most ambitious businesses can suffer when critical projects get backed up…

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Project Portfolio Management: You Cannot Do It All. Do What Counts Most.

More than ever, organizations must maximize the return on investments, focus human resources to the highest value-generating activities, appropriating time to diminish waste and address…

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Cars and Healthcare: Competition and Compliance

While many like to believe otherwise, the changes and challenges occurring in healthcare are neither new nor unique. Most other industries have faced similar “unprecedented” challenges. Beginning…

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PPM Software Should Come With A Warning Label

Disclaimer Purchasing the latest and greatest Project Portfolio Management (PPM) software solution will not automatically boost project results, advance your Project Management Organization (PMO) maturity…

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Thinking About Implementing PPM Software? Don’t be too hasty

Are you considering a Project Portfolio Management (PPM) software solution to help you complete projects on time, on schedule, and on budget? PPM systems can…

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