The approach of making project investment decisions
very informally in a power-struggle fashion has led many
organizations to unsatisfactory results, and created demand for a
more methodical and transparent decision making process. That demand
has in turn created a need for developing the portfolio management
function.
Unfortunately, implementing a new PPM function is not as easy as buying a software and start capturing the information. The initial setup includes key questions like where should the function reside (Is it in technology, finance, business unit, operations, etc. ?); how many people should be part of this new function?; what software should we use or develop?; how strict should the process be?; what information should we capture?; what is the interaction model between the various stakeholders?
Consultants at Amplio have extensive experience in developing full PPM functions that meet client needs. We are independent advisors that can help build the right processes and decide on the most appropriate tool solution.
Take a look at our Project Portfolio Management blog for more information: Chief Portfolio Officer
