![]() ![]() Executive layer buy-in is a critical prerequisite for the success of a PPM strategy.While processes are no doubt important, without an end in mind – such as that provided by a deliberate strategy – they inevitably devolve into inertia or confusion. Many organizations falter at PPM by mistaking a set of processes for a strategy.While the tactical focus of project management can help ensure that individual projects are effectively planned, executed, and closed, it is no supplement for the insight into “the big picture” that a PPM strategy can provide. ![]() IT leaders commonly conflate PPM and project management, falsely believing that they already have a PPM strategy via their project management playbook.With the right PPM strategy, you can ensure that you’re driving the throughput of the best projects and maximizing stakeholder satisfaction with IT. You need a project portfolio management (PPM) strategy to help bring order to IT’s project activity.What’s more, many of the projects that consume IT’s time are of questionable value to the business. ![]() IT starts a lot of projects, but has constant difficulties delivering the bulk of them on time, on budget, in scope, and of high quality.
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