Strategy driven Project Management Office and Project Portfolio Management
Do the Right Things and Do it Right
A stockpicker builds a portfolio based on a profound strategy, estimating and analysing risk, reward, exposure to markets and mix in the portfolio. To stay competitive a modern project management office needs to have the ability to apply the same methodology in its project portfolio management and also secure that the selected projects are performed in the most efficient and effective way with a high success rate.
In businesses today the project portfolio composition is rarely based on a well substantiated understanding of the strategic contribution, the expected business value, resource availability and risk for each project candidate. Short on information resources are spent on doing the wrong things at the wrong time.
To secure the ROI development projects needs to be performed in an optimized way achieving the expected business value and utilizing allocated resources in the most efficient way.