Trends Report

It's 3PM; Do You Know Where Your Portfolio Is?

July 14th, 2011
With contributors:
Phil Murphy , Adam Knoll

Summary

Today more than ever, organizations must make visible the connection between strategic planning and execution. Creating a balanced portfolio of projects is an appropriate start, but all too often excessive demand and disconnected project prioritization quickly skew alignment. Programs group and orchestrate disconnected projects to help businesses act strategically and avoid overspending on tactical efforts. Delivery organizations should start thinking in terms of program and project portfolio management (3PM) to directly translate strategy into achievable plans that focus on outcomes and values.

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