Many enterprises never achieve true project portfolio governance. While Project Portfolio Management, or PPM, may be the heart of governance, other factors must be taken into consideration when supervising a portfolio. If you can ascertain a way to manage and oversee your projects at the portfolio-level, as opposed to project-by-project, your company will receive the knowledge it needs to guide it into a profitable future.
What does governance do?
Project portfolio governance is defined by how your company controls, manages, and establishes authority over its portfolio – or portfolios. Legitimate governance: