Project Portfolio Management: A View From The Management Trenches

11.14. CONCLUSION

We covered a number of steps to implement a functional and a sustainable PPM process. Though the approach to implementation may differ based on the size of the organization or the number and/or types of projects in the portfolio, the process fundamentally remains the same. That is, the process has to be designed, appropriate stakeholders have to be engaged, and the process matured by taking a number of baby steps and through a lot of consensus building. At the end of the day, numbers will tell the story of a successful implementation; but it's not to be forgotten that the process supporting those numbers are defined and followed by people. The virtues required for a successful implementation are well known—patience and persistence.

Lesson Learned Take baby steps. Don't forget the people aspect of the initiative. Attempt to strike an appropriate balance between process and culture.