PPM 101: What Is Project Portfolio Management?
What is Project Portfolio Management (PPM)? Project portfolio management (hereafter referred to as “PPM”) is a critical component for executives and senior managers to execute strategy. According to Mark Morgan, “there is simply no path to executing strategy other than the one that runs through…
PPM 101: Portfolio Planning Drives Strategic Execution
Strategic planning and project planning are common topics, but very few companies do an adequate job of portfolio planning. Project portfolio management is about strategic execution with the goal of maximizing business value delivery. Successful portfolio planning synthesizes what the company or…
PPM 101 - Do You Have a Portfolio Roadmap to Communicate Value?
Project portfolio management (PPM) is about maximizing business value delivery and the portfolio roadmap (or strategic roadmap) helps senior leaders track the delivery of that value. Senior leadership is uniquely responsible for ensuring that projects and programs within the portfolio deliver the…
The Realities of Strategic Execution
The Challenges of Strategic Execution Strategic execution is not easy – in fact, you almost always fail: » 90% of corporate strategies are never implemented » 70% of complex initiatives fail » 67% of projects are either challenged or impaired One of the continuing difficulties executives…
Why Is Strategy Delivery So Hard?
The Challenge Recent studies¹ indicate that strategy implementation fails a stunning 50 to 90 percent of the time. For executives who are pressed to deliver value for their organizations and shareholders, those odds are unacceptable. Why is strategy delivery so difficult? What makes the odds of…