Gartner’s 6 Practices for Managing Portfolios to Drive Business Value
Portfolio managers are under pressure to manage an ever-increasing demand for initiatives while battling inflexible budgets and the need to maintain smooth operations. Inevitably, this pressure can lead to portfolios that don’t deliver on expected business outcomes.
However, according to Gartner, Inc., another culprit may be limiting the success of your portfolios: Gaps in your PPM practice.
In a recent report, Gartner urges CIOs and portfolio managers to assess their organization’s performance against six best practices and develop an action plan to fill any gaps. The report notes that integrated portfolio management and governance is critical for success in today’s climate of continuous change — and contributes to portfolios that generate a 30 percent higher return on assets.
Download the report to learn:
- Ensure that the intake process, prioritization and investment decisions that deliver business outcomes align with the organization’s strategy.
- Create an adaptive culture to ensure that resources can support changing business (consumer) needs.
- Track key performance indicators (KPIs) based on what the business cares about.
- Put in place benefit realization, including continuous feedback to future prioritization decisions and business case assumptions.
READ THE REPORT
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Gartner, 6 Practices for Managing Portfolios to Drive Business Value,Anthony Henderson, James Anderson 17 November 2020. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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