Project Portfolio Management takes place in between strategy formulation and implementation of the actual projects. Projects are supposed to arise out of Organizational strategy is intended to set the general direction and lay out the guidance for determining the types and which projects to implement. Project Management resides in the realm of implementation and comes onto the scene after the strategic direction has been set, and after the project portfolio has been determined and prioritized. The challenge is that there can be disconnects at the transitions among these phases, and the most important thing is to develop a feedback loop.Typically at the highest levels within an organization, there is much study and debate over strategy, and eventually the direction is set.
Hopefully this process includes an organized effort to gather information from throughout the organization, and to determine direction for the organization. That direction includes a set of guiding principles and generalized initiatives that provide the input for the project portfolio management, or PPM, process. This is a matter of organizing a large set of projects into a portfolio, then developing a system for managing and prioritizing the list of projects, with primary input from the strategic planning process. The final result at this stage of the project portfolio management process is input to the project management processes, in the form of the list of final projects to be implemented.The question is, "How can the intentions developed in the strategic planning process continue to live in the project implementation phase?" The answer, I believe, is very practical and simply involves creating a clear feedback loop to the project portfolio management process, which should then be empowered strut clamps Manufacturers to provide the relevant information back to upper management at the strategic level.
This provides an opportunity to monitor projects against intentions, and not just against performance parameters within the project itself. It also allows for mid-stream adjustments to actions taken early in the cycle, based on changing external conditions, or based upon project execution assumptions that might now look incorrect.Looking at this as a purest, one could reduce all of this down to what a single individual would do, and perhaps identify some disconnects in the process.
https://www.cnlianxiang.com/product/loop-hangers-57.html
Hopefully this process includes an organized effort to gather information from throughout the organization, and to determine direction for the organization. That direction includes a set of guiding principles and generalized initiatives that provide the input for the project portfolio management, or PPM, process. This is a matter of organizing a large set of projects into a portfolio, then developing a system for managing and prioritizing the list of projects, with primary input from the strategic planning process. The final result at this stage of the project portfolio management process is input to the project management processes, in the form of the list of final projects to be implemented.The question is, "How can the intentions developed in the strategic planning process continue to live in the project implementation phase?" The answer, I believe, is very practical and simply involves creating a clear feedback loop to the project portfolio management process, which should then be empowered strut clamps Manufacturers to provide the relevant information back to upper management at the strategic level.
This provides an opportunity to monitor projects against intentions, and not just against performance parameters within the project itself. It also allows for mid-stream adjustments to actions taken early in the cycle, based on changing external conditions, or based upon project execution assumptions that might now look incorrect.Looking at this as a purest, one could reduce all of this down to what a single individual would do, and perhaps identify some disconnects in the process.
https://www.cnlianxiang.com/product/loop-hangers-57.html
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