How PPM Works

A “Project” simply means temporary endeavors undertaken in creating a unique solution to a problem. When combined with “Management”, it is then used to ensure a smooth flow of development starting from conceptualizing up to its delivery. In the market today, project management is being used as an aid for an individual or a team. 


Being a project manager, you should have your own WBS or Work Breakdown Structure. It is a hierarchy on which you should be able to breakdown your work and deliverables defining the very scope of the project. It keeps breaking different components down to show all the work that produces deliverables in an essence of having the total scope of the project. 

There are steps to consider in using Project Portfolio Management as a tool for a startup business. It is necessary for project managers to analyze what will be the result through the return of investment for doing a project. 

5 Steps to a steady approach for PPM 

1. Decide what Project Portfolio Management means to you. 
2. Be careful in building the structure of PPM. 
3. Know when to start and end. 
4. Put it where it belongs 
5. Be consistent 
In taking these 5 steps for your project, you have to be more strategic and configure the outcome to be effective. Have a top-down approach for seamless integration and start with good idea ending it with your desired goal. It will require a major shift on which everyone must be willing to participate. Be clear on setting the expectations and understanding the end goal. 

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