Project Corps - Strategic, Program, and Project Management Consulting

Portfolio Management

So many organizations today are struggling with the sheer volume of work (projects, directives, initiatives) to accomplish. Often times, organizations experience significant challenges as a result:

Consistently unable to meet strategic and financial objectives.
No shared prioritization criteria and no visibility of default prioritization.
No visibility of resource and funding allocation.
Resources and funding are spread too thin or inefficiently over too many projects.
Too many projects are launched in an isolated, reactive fashion or fly under the radar.

If you are consistently facing these challenges in your organization, you are ready for portfolio management. Portfolio management is a method of prioritizing and allocating funds and resources to most effectively achieve business objectives and deliver value to the enterprise. In the quest for establishing portfolio management, too often organizations take the approach of imposing “best practices” rigidly and without testing their applicability in actual projects. This approach has failed time and time again, as the methodology introduced rarely fits the culture or maturity of the organization and is usually overly complex.

We recognize first and foremost that sustaining and evolving Portfolio Management is more than processes and tools, but an evolutionary cultural shift in your organization. We provide our service with four key priorities in mind:

Communicate for shared understanding across the organization.
Work through the cultural shift.
Involve your best and most proactive stakeholders in leading the change.
Reward participation and improvement to encourage the reporting of even the poorest results.

Whether you are just beginning to investigate the benefits of portfolio management, or you've already implemented a portfolio management tool, Project Corps can provide you with the processes, tools, and organizational maturity needed. Our services to support a shift to portfolio management include:

Assessment of Business Requirements and Cultural Readiness
Process Development and Deployment
Evolution and Process Improvement
Tool Selection and Implementation

Your portfolio management solution will come from understanding your business requirements, and setting an effective and clearly communicated plan for moving forward. We invite you to contact us so that we can begin to understand your challenges and discuss how our Portfolio Management services will meet your business needs.