Epicflow Blog Category Page - Project Portfolio Management
What Is Portfolio Rationalization? A Guide to Streamlining Your Business Portfolio
A PMO’s job is seldom easy. As incentives and projects pile up and resources remain limited, delivering everything on time, balancing resource capacity, and delivering tangible business value becomes an almost impossible task. Sometimes...
Trends in Project Portfolio Management: What’s Next in PPM
Project portfolio management (PPM) has developed significantly over the past few years and is expected to evolve even faster in the years ahead. What can portfolio managers expect in the near future? How will...
PMO Implementation: 8 Steps to Set Up a Successful PMO
The role of a project management office (PMO) in organizations is evolving now: it can become a strategic partner that drives organizational performance, improves decision-making, and ensures wise distribution of resources across projects. But...
Value-Based Portfolio Management Explained: How to Maximize Business Value with Available Resources
It has become obvious that the current business landscape demands redefining the traditional approaches to project portfolio management. “Deliver more with less” – this is becoming the guiding principle for portfolio leaders struggling to...
How to Prioritize Projects: Methods, Criteria & Matrix (A Complete Guide)
Organizations of any scale face challenges during project execution, and one of the biggest problems is deciding which project has the highest priority. It may not be so critical for smaller companies, but for...
Program Management Framework: Key Components, Benefits, and Best Practices
Program management can be challenging – you have to coordinate complex interdependencies, manage shared resources, meet deadlines, and at the same time ensure value delivery. To address these challenges, a great number of companies...
What Is Value Engineering in Project Management? A Complete Guide
Delivering projects for the sake of projects is no longer enough for business organizations these days. Every project executed should deliver value to the end customer and the organization. Value engineering is a methodology...
The Ultimate Guide to Program Project Management: Definition, Components, and Best Practices
Juggling multiple simultaneous projects is never easy. But what if these projects are interconnected, interdependent, and share the same resources? In this case, this task becomes twice as challenging; without the right approach, there...
PMO Risk Management: Best Practices for Project Success
Do you know the real cost of project delays? For example, in the UK alone, government projects worth £200 billion are in red, which means that they are unfeasible, and plans are unachievable [1]....