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The Language of Why

It hasn't always been the case, but project leaders and business executives are on speaking terms these days. And the language they're talking is portfolio management. Regardless of why this dialogue has been difficult to kick into gear, the benefits when it happens are real: cost savings and resource efficiency through strategic alignment, for starters.

Aaron Smith

Editor, ProjectsAtWork.com

Aaron has been the editor of ProjectsAtWork since 2001, leading its evol…

Project portfolio management (PPM) is the language of why and what. At its core, PPM is about optimizing the execution of strategy, from planning and budgeting, to prioritization and resource allocation, to project oversight and review.

Above all else, strategy is the driver — the "Big Why" that determines what types of new projects and other initiatives are needed to achieve business goals, and what existing projects should be continued, delayed or buried.

Despite the best intentions and tools, some PPM efforts have struggled for lack of a discernible, or well-communicated, strategy. After all, the "how" of project management is only valuable once the "…


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TOP CONTRIBUTORS

John D'Entremont

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Janis Rizzuto

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Aaron Smith

Editor, ProjectsAtWork.com
Aaron has been the editor of ProjectsAtWork since 2001, leading its evol…

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TOOLS & TRAINING

     

Changepoint helps businesses gain competitive advantage and increase profitability through complete portfolio visibility, planning insight, process automation, and improved resource utilization throughout a customer’s lifecycle.

     

EPM Lives WorkEngine provides easy to use Microsoft SharePoint Project and Work Management applications for everyone in an organization, from teams that want to work within individual workgroups, to organizations that want to utilize enterprise tools

     

With Genius Project, leading project and portfolio management software, an organization can easily manage project in a collaborative way. Turn around time is quick, and as a result, project visibility and execution are enhanced.

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