IT organizations have dozens or even hundreds of ongoing projects at any given point in time with many more “bright ideas” waiting for a green light. Identifying the most important projects and keeping them moving smoothly toward completion requires IT project portfolio management. Our study shows that the majority of organizations have adopted PPM as a best practice. However, less than half of those organizations using PPM have fully implemented this discipline. In this study, we look at PPM adoption trends across time and industry. We also discuss best practices and software tools for managing project portfolios. (16 pp., 5 fig.)
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