In all organizations, needs and ideas spawn projects. Of course, all needs and ideas are not created equal. The wrong project, executed well, is still wrong. To ensure the right projects are getting done, you need to link your projects with the company's overall strategic vision; project portfolio management (PPM) and its tools can help you achieve that.

"Every company is under pressure to demonstrate that every project dollar ties back to a return and a strategy," says John Baldwin, a managing partner with the Fountain Group, a consulting firm specializing in portfolio management. "I can't think of any other way to do it but with portfolio management. Portfolio management is a fundamental next step in the evolution of project management. Good companies are going to do it; and the ones that don't will be executing in the dark as to whether their projects are aligned with their priorities."

To practice PPM effectively, organizations need tools that help senior managers "collaborate, prioritize, and agree upon the projects that deliver the maximum business value or return on investment," says Jean Miller, a portfolio strategist.

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关键词：业务流程重组,流程
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