Do the right projects!
This is the fundamental premise of good portfolio management.
Reconciling the increasing demand for initiatives and the ability to execute them requires the definition of prioritization criteria and an approval process .
The lack of Portfolio Management generates some side effects in companies: excessive projects in parallel, excessive delays due to lack of direction, teams feeling of inefficiency.
After diagnosing the performance of the projects and the start-up approval process, we evaluated the benefits of including steps related to the Portfolio: Selection, Categorization, Prioritization and Approval of projects.
Governance is implemented by Committees that authorize the start of projects, approve the allocation of resources, evaluate the evolution of projects and audit the results.
This organizational model is fundamental in companies that seek to direct their efforts towards strategic projects.
