Project Portfolio Management (PPM) Tool Selection
Project Portfolio Management (PPM) Tool Selection
Presented by: Philip Robson
Selecting the proper Project Portfolio Management (PPM) tool is essential for aligning projects with strategic objectives, optimizing resources, managing demand, communicating project and portfolio performance information, capturing time, and managing risks effectively. This presentation to the PMI Binghamton chapter will explore the critical process of PPM tool selection. It offers a structured approach to help project management professionals identify and implement the most suitable PPM solutions for their organizations.
The session will begin by emphasizing the importance of PPM tools in today's complex business environment, where strategic alignment and efficient resource management are critical to organizational success. It will address the challenges organizations face in portfolio management and the role of PPM tools in overcoming these challenges.
A step-by-step selection methodology will be outlined, covering identifying business requirements, evaluating tool features against organizational goals, and the tool's integration capabilities. The presentation will prioritize devices based on scalability, user experience, and their capacity to provide actionable insights into project metrics.
A comparative analysis of leading PPM tools will follow, based on the industry’s best practices and real-world case studies. This analysis will guide participants through differentiating tools based on cost-effectiveness, customization options, reporting functionalities, and customer support.
The conclusion will highlight the critical role of stakeholder engagement and effective change management in successfully deploying a PPM tool. Attendees will gain a comprehensive framework for PPM tool selection and be equipped to make informed decisions contributing to project success and organizational advancement. We will also review the top 3 lessons learned over the years on successfully implementing a PPM tool that fits an organization’s needs.
This session aims to provide project management professionals with the insights and guidelines necessary for navigating the PPM tool selection process, ensuring their ability to choose tools that best fit their organizational needs and strategic objectives.
It is no longer possible to register for this event
