Enterprise Portfolio Management
last edited by: Carol Anissa on Apr 10, 2025 5:59 AM | login/register to edit this page | ||
![]() Enterprise Portfolio Management (EPM) is a set of interrelated techniques and/or activities, systematically applied to maximize a company's investment decisions. This involves a centralized view of all major projects within the organization, viewing them as one portfolio or a set of portfolios being led by functional departments (IT, HR, Finance, Marketing, Logistics etc.). EPM differs from IT Portfolio Management in that its scope spans the entire enterprise, versus just the IT Department. IT Portfolio Management seeks to align IT projects with the business strategy. Enterprise Portfolio Management also seeks to optimize the value of all significant projects within the enterprise to deliver on the business strategy as a whole. Decision-makers must therefore not only consider the investment options under their control but also understand how the alternatives play with other components of the enterprise - either creating or depleting value overall. Proper alignment is essential. Top management clarifies direction and core-competencies; when all projects and programs center around these, profits soar -- or inversely, companies tank. Take your pick. A disciplined approach to portfolio management ensures at the very least the following life-cycle is considered: 1) start-up decisions, 2) investment maintenance, and 3) fulfillment of exit strategy. Techniques include:
Success CriteriaAt its core, Enterprise Portfolio Management enables accurate and objective comparisons of potential investments. It allows investment decisions to be made based on the best available information.To successfully implement enterprise portfolio management, an organization must:
Life CycleA successful enterprise portfolio management model happens by purpose, not chance. A life-cycle is custom to each implementation but at the core should include three most basic elements. Start-up Decisions
Software ToolsThe Projects@Work PPM Software Evaluation Tool is a free vendor-agnostic software evaluation tool.
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last edited by: Carol Anissa on Apr 10, 2025 5:59 AM | login/register to edit this page | ||
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