Many company management groups today have difficulty in seeing the value of the organisation's projects and what contribution the projects make in achieving the organisation's strategies and goals. For an organisation to succeed with its project operations, it is not enough to implement projects, it is also necessary to:
A solution for portfolio management functions as a very good basis for decisions for the management and gives an overview of all ongoing projects. This means that it will be easier to see which projects need reinforcement and which need to be delayed or entirely suspended. Portfolio management also helps organisations to choose the projects that can maximise the benefit, while project management is a way to ensure that the project is implemented correctly and delivers the intended advantages.
The most successful companies use portfolio management as a forum for continuous dialogue in project operations. They have a shared view of what goals and priorities the business has and can adapt the management of the project accordingly.