Corporate Strategy from the Bottom

Author(s):  
Luca Romano

This article explores the connection between strategy and actions as a critical factor for organization to gain a conscious strategic advantage from what done in day to day activities. This connection is not always clear and often the officially stated strategy is far from the strategic direction showed from an analysis of the portfolio of initiatives undertaken by an organization. Project Portfolio Management (PPM) methodology can help in assessing and improve this connection as to start a PPM this connection must be clarified. This article aims to verify 2 hypotheses. The first is that “it is possible to implement a Project Portfolio Management system in an Organization without a Strategic planning process in place.” The second is that “the implementation of a Project Portfolio Management system helps organizations to growth their Strategic thinking and could be a first step in strategic planning.”

Author(s):  
Luca Romano

This chapter demonstrates that the connection between strategy and actions is key for a company to gain a conscious strategic advantage from what done in day-to-day activities. This connection is not always clear and often the officially stated strategy is far from the strategic direction showed from an analysis of the portfolio of initiatives undertaken by a company. Project Portfolio Management (PPM) methodology can help in assessing and improve this connection, as to start a PPM this connection must be clarified. This chapter aims to verify 2 hypotheses. The first is that it is possible to implement a Project Portfolio Management system in a company without a strategic planning process in place. The second is that the implementation of a Project Portfolio Management system helps companies to grow their strategic thinking and can be a first step in strategic planning.


2016 ◽  
pp. 2219-2237
Author(s):  
Luca Romano

This chapter demonstrates that the connection between strategy and actions is key for a company to gain a conscious strategic advantage from what done in day-to-day activities. This connection is not always clear and often the officially stated strategy is far from the strategic direction showed from an analysis of the portfolio of initiatives undertaken by a company. Project Portfolio Management (PPM) methodology can help in assessing and improve this connection, as to start a PPM this connection must be clarified. This chapter aims to verify 2 hypotheses. The first is that it is possible to implement a Project Portfolio Management system in a company without a strategic planning process in place. The second is that the implementation of a Project Portfolio Management system helps companies to grow their strategic thinking and can be a first step in strategic planning.


2016 ◽  
Vol 3 ◽  
pp. 5120 ◽  
Author(s):  
Fabrício Martins Lacerda ◽  
Cristina Dai Prá Martens ◽  
Henrique M R De Freitas

As they strive towards greater professionalism in carrying out their activities, non-profit organizations (NPOs) have begun paying attention to project management. The non-profit sector (NPS) has also begun to adopt strategic planning techniques, thus making the acceptance of project portfolio management (PPM) methodology a natural consequence. This article aims to propose a project portfolio management model adapted to the context of NPOs.


2018 ◽  
Vol 1 (1) ◽  
pp. 613-619
Author(s):  
Anna Musioł-Urbańczyk ◽  
Barbara Sorychta-Wojsczyk

Abstract The article presents the project portfolio management system in a selected manufacturing company operating in the advertising industry in the field of new product project management. It discusses individual elements and structure of the system, and the scope of procedures performed within the system.


2011 ◽  
Vol 211-212 ◽  
pp. 62-67
Author(s):  
Yun Na Wu ◽  
Jiang Shuai Li ◽  
Jia Li Wang

With the continuous development of energy projects and the actual needs of the project, project portfolio management technique is known by people more and more. However, current databases of energy project management system are too different. This paper studies actual demand of energy project database, taking portfolio management theory as the basic, and use database modeling technology to build database’s conceptual data model, logical data model and physics data model based on the portfolio of energy project management. These models can be very good instruction of energy database design and construction, and will support energy project portfolio management system design to some guidance.


2011 ◽  
Vol 211-212 ◽  
pp. 72-77
Author(s):  
Yun Na Wu ◽  
Jia Li Wang ◽  
Jiang Shuai Li

As increasingly complex of the energy project management, traditional project management system is not very suitable for energy projects management. Combined with unique characteristics of energy projects, this paper studies the current state of the energy project development and takes advantage of project portfolio management, builds the energy project portfolio management system which includes energy project advices, selection, evaluation, assessment and implementation. The system solves the complex problems of energy project management, and then ensures that energy projects meet the strategic requirements of country and enterprises.


Author(s):  
Luca Romano

Project Portfolio Management (PPM) is an “old-new” emerging discipline. More and more organizations are discovering PPM as an “alternative” to Strategic Planning. In reality the two disciplines should walk along, obtaining from this coexistence mutual benefits. Strategic Planning is often too far from reality and fails due to this distance. Project Management is too much down-to-earth, being focused on delivering, sometimes without knowing the real rational behind what is produced. PPM is a smart and wise connection between these too distant worlds (it has to be highlighted that also the people involved in the two disciplines are very dissimilar). PPM is a step into the future keeping a tight connection with the near past and with the ongoing activities performed by the organization. PPM supports organizations' need to shape their future. It is a complex process, taking time and resources, but the returns are worth the effort.


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