There are a variety of broken operational processes driving the move towards the portfolio approach.
Consider the following:
- »Over 80% of companies do not conduct business cases for technology projects and are unable to adjust budgets midstream more than once or twice annually1
- »By 2005, 70 percent of IS organizations will have adopted a mix of project portfolio management application services for team collaboration, resource allocation, utilization and cost tracking2
- »Through 2006, IS organizations lacking stringent risk assessment procedures will cancel more than 20% of projects in the execution phase3
1 Source: META Group-2002 Worldwide Trends and Benchmark Report
2 Source: Gartner Inc.
3 Source: Gartner, Inc.
1 comment:
Dear PPM Studio blogger (couldn't find your name, sorry),
I apologize for having to leave a comment, but I couldn't find an email address. I've enjoyed reading your blog and wanted to invite you to submit an article to Corporate Portfolio Management Association to share your subject matter expertise. The CPMA has 140+ members and thousands of visitors and we're always looking for those with subject matter expertise which would be relevant/interesting to our members & site visitors.
You can visit The Edge @ The Corporate Portfolio Management Association.
Or if any questions, please write us at content@corporateportfoliomanagement.org.
We look forward to sharing your expertise on the CPMA.
Thanks,
Sam
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