Building a Business Case for Project Portfolio Management
Whether or not your organization is performing well, justifying additional expenditures for technology, infrastructure, or headcount is challenging – project portfolio management (PPM) software is no different.
Most organizations agree a small investment in PPM can yield significant returns in the way of accurate planning and forecasting, prioritization for decision making, faster project execution, and optimized resource utilization.
However, many find procuring a budget or sponsorship from all stakeholders takes time and coordination. The key is to demonstrate how PPM will make a positive impact to every role in the organization – from team members and project managers to the PMO and CIO.