Imagine feeling confidant that the right projects are being worked on at the right time. Portfolio management makes that feeling possible.

Effective portfolio management ensures a company’s programs and projects are driven by strategic goals and prioritized accordingly. It produces balance among competing opportunities. This maximizes value and return while managing risk.

Successful portfolio management provides management with strategic visibility to see programs and projects are fulfilling the company strategies and goals. By nature, portfolio management strengthens decision-making processes by including all levels of the organization. It provides a decision framework that matches company culture and yields valuable information people use to make better business decisions.

Because the business environment is fluid, successful portfolio management also accommodates interaction and change. It helps decision-makers accept new information and react by adjusting strategy or priorities.

Program Navigators helps you develop and implement portfolio management to guide your project selection and direct your allocation of limited resources. We can help you apply portfolio management to any type of work, from capital expansions and new product development to internal improvements and technology projects.

We help you choose one of several portfolio models or customize a combination of several portfolio processes to meet your needs. Simply put, one size does not fit all. We also work closely with you to define the key parameters to use when selecting and managing your programs and projects at the strategic level. We evaluate your need for software tools to support your effort and help integrate your portfolio management system with other systems to provide improved decision-making.

Portfolio management is a dynamic and iterative process--not a one-time or once-a-year event. Resources are limited. Priorities must be developed and managed. And you must make tough calls about which projects to select, which to shut down and which to postpone.

Portfolio management is hard work. It takes commitment. We roll up our sleeves and work beside you to achieve success.

Portfolio management ensures you are working on the right projects at the right time. Portfolio management:

• Ties program and project selection to strategic metrics.
• Drives the selection of the right programs and projects.
• Brings focus to the organization’s program and project effort.
• Manages strategic risk.
• Offers objective criteria for project selection based on process, not politics or emotion.
• Justifies killing projects that do not support strategy.
• Reduces the number of mediocre projects that might have lingered on in the past.
• Reduces the total number of projects at any one time while increases the overall number of projects completed.
• Helps allocate resources to the right projects.
• Improves the quality of the projects selected.
• Improves workforce morale and reduces turnover.