Portfolio monitoring offers management a holistic representation of the health of the project portfolio. This process guide will walk managers through the following four key steps within the project portfolio monitoring process:

  • Collect - Gather pertinent project data and compile it in a central location.
  • Analyze - Evaluate individual project status, examine risks and issues, and assess the impact and status of the portfolio as a whole. 
  • Act - Make informed decisions and effectively monitor projects to ensure issues are quickly recognized and acted upon.
  • Review - Sustain the project portfolio by continuously examining, tracking, updating, evaluating, and re-prioritizing projects and investment of IT resources.
Adhering to this process will allow managers to more accurately assess the status and measure the ongoing value of individual projects.

Also In

Express – Managing Projects

Comprehensive bundles of tools and templates to help you get to action quickly on your most important projects.

Related Content

Social

Get Access

Get Instant Access
To unlock the full content, please fill out our simple form and receive instant access.