Approach PPM as an evolving discipline that requires adaptability and long-term organizational change. Near-term process improvements should create stakeholder desire for better portfolio visibility and agility over the long term. This phase will take you through the following activities:
- Determine the functionality requirements of the PPM solution and estimate your PPM tool budget.
- Estimate the total cost-in-use of managing the project portfolio.
- Estimate the benefits of the PPM strategy.
- Refine and consolidate the near-term action items into a cohesive implementation plan.
Use this phase as part of the full blueprint, Develop a Project Portfolio Management Strategy.