5 PPM Predictions in 2012
As businesses enter the "new normal" era of economic uncertainty, program and portfolio management offices that remain tactically and administratively-focused will struggle. Successful PMOs in 2012 will move towards a strageic, holistic view that embraces agile methods and increases visibility for executives.
The role of the project, program and portfolio management office (PMO) has become more critical than ever in supporting strategic business priorities. Success depends on a combination of best practices, executive support and tools that provide visibility into project and portfolio execution.
Daptiv, a provider of project portfolio management software, recently announced its top five predictions for PPM in 2012. Daptiv's top five predictions are:
1. Businesses adapt to the 'New Normal' of business uncertainty.
As we move into 2012, businesses are facing a new wave of uncertainty and PMOs — a trusted advisor in the enterprise — must lead the way to enable intelligent investments and cost optimization. This requires PMO leaders to be part coach, part mentor, part facilitator and, most of all, to lead with the right focus. Gartner states that by 2016, half of CIO new project spending should be directed towards measurably improving enterprise financial conditions. This reinforces the importance of PMO leaders to partner with and
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