8.6. Reaping the ROI of PPM
The benefits of portfolio governance are many. It empowers organizations to manage their demand (requests), select the appropriate initiatives, oversee execution, automate controls and their performance metrics, and help ensure that their objectives are realized. This cannot be achieved through project management alone. Together, the project management and portfolio management disciplines help enable you to effectively govern your organization by:
Collecting all initiatives in a central repository
Giving you transparency into initiative metrics, including cost, risk, performance, and value
Allowing you to actively assess and readjust initiatives
Identifying areas to reallocate your resources to higher-value initiatives ...
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