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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:
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Almost all respondents rate PPM as important. (97.5%)
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More than half have some form of PPM in place. (64.1%)
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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%)
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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%)
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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%)
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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
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