Blog Posts Business Management

5 Best Practices to Manage Project Portfolios

Blog: Solitaire Consulting Blog

The success of a business can depend highly on its ability to effectively manage and deliver its portfolio of projects.  This helps ensure business goals and strategic objectives are met on time and on budget. The importance of managing project portfolios should not be taken lightly.

Here are my top five best practices to help effectively manage project portfolios:

Start managing your project portfolios with these practices, and see the difference in efficiency and profitability.

Whilst it is possible to manually manage a portfolio of projects, this is not efficient, takes considerable effort and introduces risk into the process.  For optimum management of portfolios an IT system is essential.  I advocate the use of KeyedIn Projects which is a cloud based package that can be quickly implemented in any size organisation.  

For more information on managing project portfolios using KeyedIn Projects, click here.

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