Project Portfolio Management (PPM): Benefits and Barriers Examined

This report provides an analysis of Project Portfolio Management (PPM), exploring both its benefits and barriers. It highlights how PPM aids in identifying and mitigating risks, improving project planning and resource management, and enhancing overall project success. The report emphasizes the advantages of PPM, such as improved project execution and better communication among team members, as well as the potential challenges, including the lack of integration and leadership. By examining the benefits and drawbacks of PPM, the report aims to provide a comprehensive understanding of its role in project management, concluding with a discussion on the importance of PPM in supporting the project's execution process. The references include the works of Purnus & Bodea, Paquin, Gauthier & Morin, Kerzner, and Schwalbe.

Solutions to benefits and
barriers in
PPM to project success

• PPM helps ion
identifying all the
existing and
potential risks that
can impact the
performance.
• PPM clarifies the
purpose of the
project and improves
the capacity
planning.

• PPM ensures that the
agility related to thee
project gets increased
effectively so that they
can deliver better
success.
• The PPM ensures an
effective measures for
improving the ROI that
are associated with the
project.

• PPM focuses on identifying
the best methods,
techniques, resources and
technologies for benefitting
the project managers.
• With the help of PPM it
becomes easy to
communicate with the
members associated
present in the project.
• PPM improves the quality
and ensures better way of
resource management.
• The productivity will
increase with the use of
PPM.

• The barriers that are faced
while developing project
through PPM is that it can
create low level
competence at the time of
developing the project
• This also develops the
project with back dated
ideas
• The lack of integration can
impact the success rate of
the project
• There is also a lack of
leadership quality
Barriers in project portfolio management

Conclusion
• Thus from the analysis it can be
stated that the project portfolio
management will help in providing
better support towards the execution
process of the project management.

References
• Purnus, A., & Bodea, C. N. (2015). Financial management of
the construction projects: A proposed cash flow analysis
model at project portfolio level. Organization, technology &
management in construction: an international journal, 7(1),
1217-1227.
• Paquin, J. P., Gauthier, C., & Morin, P. P. (2016). The
downside risk of project portfolios: The impact of capital
investment projects and the value of project efficiency and
project risk management programmes. International Journal
of Project Management, 34(8), 1460-1470.
• Kerzner, H. (2017). Project management: a systems
approach to planning, scheduling, and controlling. John
Wiley & Sons.
• Schwalbe, K. (2015). Information technology project
management. Cengage Learning.