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Presentation transcript:

Project Portfolio

Microsoft Office 2007 Project Portfolio Server Microsoft Office Project Portfolio Server 2007 allows creation of a project portfolio, including workflows, hosted centrally, so that the information is available throughout the enterprise, even from a browser

Project management Project portfolio management 1 An increasing number of organizations are using, what is referred to as, project portfolio management (PPM) as a means of selecting the right projects and then using project management techniques as the means for delivering the outcomes in the form of benefits to the performing private or not-for-profit organization.

Project portfolio management 1 Project Portfolio Management (PPM) is the centralized management of processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage a group of current or proposed projects based on numerous key characteristics

Project portfolio management - The PPM market 1 project portfolio-level PPM users, who create project-related decision frameworks, selecting specific projects based on those frameworks, planning the delivery of those projects or investments, tracking those investments at a high level, and reporting on those activities

Project portfolio management - Enterprise Project Portfolio Management 1 Enterprise Project Portfolio Management (EPPM) is the practice of taking a more integrated and top-down approach to managing all project-intensive work and resources across the enterprise. This contrasts with the traditional approach of combining manual processes, desktop project tools, and ‘best-in-breed’ PPM applications for each project portfolio environment.

Project portfolio management - Evolution of PPM 1 In addition, as the size, scope, complexity, and geographical spread of organizations’ project portfolios continued to grow, greater visibility was needed of project work across the enterprise, allied to improved resource utilization and capacity planning.

Project portfolio management - Business Drivers for EPPM 1 The PPM landscape is evolving rapidly as a result of the growing preference for managing multiple capital investment initiatives from a single, enterprise-wide system. This more centralized approach, and resulting ‘single version of the truth’ for project and project portfolio information, provides the essential transparency of performance needed by senior management to monitor progress versus the strategic plan.

Project portfolio management - Project Portfolio Optimization 1 A key result of PPM is to decide which projects to fund in as near an optimal manner as possible. Project Portfolio Optimization (PPO) is the effort to formally make the best decisions possible under these conditions.

Project portfolio management - Further reading 1 Rajegopal, Shan; Philip McGuin, and James Waller (2007). Project Portfolio Management: Leading the Corporate Vision. Basingstoke: Palgrave Macmillan. ISBN

Project portfolio management - Further reading 1 EPMC, Inc.; Michael J. Stratton, Mark Wybraniec, Sarma Tekumalla, Mark Stabler, San Retna, Diane D. Miller, Michael Gosnear, Stephen Jenner, Michael Mee, and Michael M. Menke (2009). Project Portfolio Management: A View from the Management Trenches. Wiley. ISBN

Microsoft Office Project Portfolio Server 1 'Microsoft Office Project Portfolio Server' is a discontinued project portfolio management application from Microsoft. It was part of its Enterprise Project Management suite which includes Microsoft Office Project Server.

Microsoft Office Project Portfolio Server - Description 1 'Microsoft Office Project Portfolio Server' 2007 allows creation of a project portfolio, including workflows, hosted centrally, so that the information is available throughout the enterprise, even from a browser

Microsoft Office Project Portfolio Server - Description 1 Office Project PortfolioServer is being rolled up into Project Server 2010 with 64 bit requirements all the way around for the 2010 family

Modern portfolio theory - Applications to project portfolios and other non-financial assets 1 For example, while we can compute that the optimal portfolio position for 3 stocks is, say, 44%, 35%, 21%, the optimal position for a project portfolio may not allow us to simply change the amount spent on a project

Project development - Project portfolio management 1 An increasing number of organizations are using, what is referred to as, project portfolio management (PPM) as a means of selecting the right projects and then using project management techniquesAlbert Hamilton (2004). Handbook of Project Management Procedures. TTL Publishing, Ltd. ISBN as the means for delivering the outcomes in the form of benefits to the performing private or not-for-profit organization.

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