Projects at Work

PPM 101: Prioritize the Work

One of the most challenging aspects of portfolio management is evaluating which work gets funded and which doesn’t. Here are some best practices that can improve the prioritization process.

Tom Mochal

President, TenStep Inc

Tom Mochal, PgMP, PMP, TSPM is the president of TenStep, Inc. (www.TenSt…
Done right, project portfolio management can do a lot of good for any organization. But it’s not easy, as many companies, large and small, have discovered. In PPM 101, an ongoing series by veteran project management consultant and author Tom Mochal, we focus on the fundamentals for organizations that are just getting started on the PPM path.
One of the benefits of portfolio management is that you get to compare all of your work investments and determine which ones make the most sense to fund. This is a similar process that you perform with your financial portfolio. There are a myriad number of investments in stocks, bonds, real estate — you have to determine which ones …

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