7 things to know about PPM

The Project Management Body of Knowledge from the Project Management Institute is a handy resource for managing projects. One of the book's major themes is the need for a well-defined process.

Defining your project management process is a critical part of keeping your organization on track. It brings structure to the forefront and provides guidance to measure progress and identify trouble spots. Although you can keep tabs manually by using a spreadsheet and e-mail, it is important to use a more robust and comprehensive tool to track the status of projects and their interdependencies.

Here are seven questions information managers should ask when considering a successful project and portfolio management implementation.

Do you have an established project management process? How well does the tool you are considering match your current process? What changes must be made to your existing process and how significant are they? What sources of information do you need to bring into your PPM solution and does the software support the format? Does the vendor offer a tiered or modular approach that allows you to implement your solution in phases? What server resources will be needed beyond the basic software, including database support? What level of support will be required to maintain the software after the initial installation?

Source: Project Management Institute

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