Implementation of the PPM process involves three groups of people:
• Senior management, for providing leadership and direction and designating their representatives to the PPM governance council
• The members of the PPM governance council, who will manage the selection of projects for the portfolio and review projects for possible deselection
• The project management office, which monitors approved projects and advises the governance council where projects are deviating from expected benefits and value
The PPM process leads to improved integration of projects with strategic and tactical plans, financial projections and reporting, and opportunity management.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.