the importance of project portfolio management

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THE IMPORTANCE OF PROJECT PORTFOLIO MANAGEMENT

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How much do you know about the importance of project portfolio management? Learn more from IMS: http://www.ims-web.com/

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Page 1: The Importance of Project Portfolio Management

THE IMPORTANCE OF PROJECT PORTFOLIO MANAGEMENT

Page 2: The Importance of Project Portfolio Management

Any executive or decision maker will naturally want to know what kind of return on investment they can

expect to achieve on their project portfolio

management system investments.

Page 3: The Importance of Project Portfolio Management

Implementing a PPM tool produces an expected overall return of 255%

- Forrester Research

Page 4: The Importance of Project Portfolio Management

Project managers and the various key stakeholders are often plagued with the challenge of projects not being completed on time, which can then have a number of other

subsequent consequences.

Page 5: The Importance of Project Portfolio Management

Projects completed on time or early are 44% more likely with a PPM tool.

- Aberdeen Group

Page 6: The Importance of Project Portfolio Management

All key stakeholders and particularly those concerned with the financial outcome of projects may feel some peace of mind that poor financial

results on projects can be mitigated.

Page 7: The Importance of Project Portfolio Management

Projects completed on budget are 38% more likely

with a PPM tool.

Projects hitting expected ROI are 52% more likely

with a PPM tool. - Aberdeen

Group

- Aberdeen Group

Page 8: The Importance of Project Portfolio Management

The efficiency increases in the use of resources, both human and otherwise can also be significant, which is a key indicator that all management personnel will be

concerned with increase in efficiencies.

40% reduction of discretionary spending

with a PPM tool.

5% increase in human resource efficiency with

a PPM tool.

- CIO Magazine - Forrester Research

Page 9: The Importance of Project Portfolio Management

Thank You For Reading