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, another culprit may be limiting the success of your portfolios: Gaps in your PPM (Project Portfolio Management) 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 has an important role, because well-governed I&T portfolios result in superior organization performance, with an increased return on assets of 30%.”
READ THE REPORT
Download the report to learn how to:
- 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.
Clarizen offers a complete solution that connects work across the enterprise, turning ideas into strategies, plans, and action. With Clarizen, organizations can work the way they want to work and have real time visibility across all workstreams in their portfolio. This keeps teams focused on the things that matter, provides the real-time information needed to make more accurate and timely decisions, and delivers results faster to meet and even exceed company goals and customers’ expectations.
Gartner, 6 Practices for Managing Portfolios to Drive Business Value,Anthony Henderson, James Anderson 17 November 2020. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Clarizen.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. All rights reserved.