Project portfolio management when based on a valid method for measuring project value produces four types of benefits:
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Tuesday, July 8. 2008
PPM - Four Types of Benefits
PPM - How Much Benefit Can Be Expected?
Maximizing the benefits of the investment portfolio requires, among other things, measuring all of the benefits of each project. PPM based on multi-attribute utility analysis (MUA) provides a sound foundation for the measuring value of projects and for maximizing the value of the portfolio of projects. MUA based project portfolio management provides real benefits. The question is how much benefit can reasonably be expected?
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Continue reading "PPM - How Much Benefit Can ... »
PPM - Two Factors That Impact Realization of Benefits
The benefits of PPM to an electric power organization can be significant (in the range of 5 to 20 percent). However realization of the benefits depend upon two factors: (1) using a valid approach for measuring project value and (2) implementing the system at a high level in the organization so that their is “enterprise-wide” optimization of project and portfolio decisions. These two factors are discussed here.
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Continue reading "PPM - Two Factors That ... »
PPM - Measuring Benefits: A Solution to Decision Making Biases
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