Strategic Portfolio Management is the bridge between your strategic plan and Program & Project Management. The goal of a Strategic Portfolio Management is to make sure that what has been defined at the Strategic Level is actually executed at the Operational Level.
Strategic Portfolio Management requires the right set of information to make sure that:
- The ongoing Projects are aligned perfectly with the organization's goals and strategy
- The Projects have the necessary resources and that the future demand for resources will correspond to the capacity
- The most appropriate resources are working on the right Projects
- All the risks and their possible impacts are identified and under control
We think that most organisations are missing the link between Strategy, Operations and Projects. It is defined in theory but we miss it in the day to day reality.
