“Isn’t it just a new buzz word instead of something new?” Is there really a difference between strategic portfolio management and project portfolio management?
“Isn’t it just a new buzz word instead of something new?” Is there really a difference between strategic portfolio management and project portfolio management?
Strategic project scoring is vital, as it assists in selecting and prioritizing projects based on strategic objectives, resource optimization, and risk management. This structured process contributes to sustainable success.
The decision to implement a project portfolio management application should be supported by a business case, like any other project: what is the return on investment (ROI) of a ppm tool? What are the benefits and how do you transform these into financials? According to a Forrester study, the ROI of a project portfolio management application can be as high as 250%. We discuss four benefits to include in the business case.
