Lee Merkhofer Consulting Priority Systems

CBP Survey of Project Portfolio Management Practices

The Center for Business Practices surveyed 64 senior project managers to assess their views and experiences with project portfolio management (PPM). Findings include:

  • Almost all respondents rate PPM as important. (97.5%)
  • More than half have some form of PPM in place. (64.1%)
  • Organizations are only moderately happy with their current practices. More than half rate themselves at level one or two (on a scale of 1-5) in PPM maturity. (60.9%)
  • For those with PPM, the biggest challenges are:

    - collecting project metrics (65.8%)

    - lack of information on resources (50.0%)

    - lack of broad organizational support (44.7%)

  • For those without PPM, the biggest challenges for implementing PPM are:

    - lack of executive support (65.2%)

    - lack of broad organizational support (52.2%)

    - poorly developed project management processes (52.0%)

  • A big gap exists between top-performers and poor performers. Top performers:

    - optimize the project portfolio

    - plan from a portfolio perspective

    - actively balance resource capacity and demand,

    - consistently use PPM to make go/kill decisions

CBP Report on Project Portfolio Management