This essay has been submitted by a student. This is not an example of the work written by professional essay writers.
Uncategorized

PPM TOOLS AND THE VIEW VALUES

This essay is written by:

Louis PHD Verified writer

Finished papers: 5822

4.75

Proficient in:

Psychology, English, Economics, Sociology, Management, and Nursing

You can get writing help to write an essay on these topics
100% plagiarism-free

Hire This Writer

PPM TOOLS AND THE VIEW VALUES

 

STUDENT’S NAME

 

INSTITUTIONAL AFFILIATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project portfolio management is a strategic aligning project to the business goals by which process of evaluation to identify the fit, purpose, and benefits in a company and how they relate to the management organization. An organization needs the project management tools to identify the potential returns on a project. It also generally makes the organization to be in a position of investing in the project that would forecast risks built-in it thus enhancing proper decision making. The company also credits the project  It is a tool for obtaining the buy-in of all the stakeholders within the organization.

The tools used in the project portfolio management are liquid planner, smart sheet, acuity project portfolio management tool, and work otter. These tools serve a key factor within the organization as they keep the projects on track; thus, decision making is informed on relevant data. The allocation of resources is also considered within the project management by using the multiple distributions of support appropriately. Identification of risks and their quantification through the tools also help the organization on the fact that the insights for the solutions are easily acquired.

An advantage noticed in the organization on the managing project is the successful execution of the organization strategy. The main merit is that the project portfolio enables the working with various financial algorithms and the economic models to align the company’s projects and their strategic objectives.

On the other hand, the organization will benefit from the enterprise-wide tool approach since it would be easy for easy and accurate identification of risks and redemption association strategies. Furthermore, there will be an easy cancellation of projects that do not align with the company’s strategy. Also, the organization will archive the right tools to keep on track and easy ways to simplify the company’s operations.

References.

Basu, R. (2015). Managing projects in research and development. Ashgate Publishing, Ltd.

Mortensen, P., Gouw, J. W., Olsen, J. V., Ong, S. E., Rigbolt, K. T., Bunkenborg, J., … & Andersen, J. S. (2010). MSQuant, an open-source platform for mass spectrometry-based quantitative proteomics. Journal of proteome research9(1), 393-403.

Rialp, A., Merigó, J. M., Cancino, C. A., & Urbano, D. (2019). Twenty-five years (1992–2016) of the International Business Review: A bibliometric overview. International Business Review28(6), 101587.

  Remember! This is just a sample.

Save time and get your custom paper from our expert writers

 Get started in just 3 minutes
 Sit back relax and leave the writing to us
 Sources and citations are provided
 100% Plagiarism free
error: Content is protected !!
×
Hi, my name is Jenn 👋

In case you can’t find a sample example, our professional writers are ready to help you with writing your own paper. All you need to do is fill out a short form and submit an order

Check Out the Form
Need Help?
Dont be shy to ask