Chapter 22. Project Portfolio Management: Principles and Best Practices
GERALD I. KENDALL, PMP TOC INTERNATIONAL
Project Portfolio Management (PPM) is a set of processes to analyze, recommend, authorize, activate, expedite, and monitor projects to meet organization improvement goals (see Figure 22-1). When performed successfully, PPM has yielded the following benefits:
• 20–30 percent improvement in time to market[1]
• 25–300 percent improvement in number of projects completed with the same resources[2]
• Average project duration cut by 25–50 percent[3]
• Over 90 percent project success rate, with double the profit margin[4]
• 50 percent improvement in R&D productivity.[5]
Figure 22-1. Project Portfolio Management Processes
These achievements apply to ...
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