Having established the portfolio of projects with a robust annual portfolio planning effort, how do executives make sure they spend their time wisely and effectively, only on projects that need their focus? In many organizations, executives find themselves pulled into projects on a daily basis and end up spending a lot of time on basic issues and decisions that really should have or could have been resolved without them. 

This is the third installment in our series on Project and Portfolio Management.

​In order to set sail, first you have to know where you are going! Set the course for your portfolio of projects with a robust annual portfolio planning process. This process is helpful in setting, agreeing-to, and prioritizing the project goals and objectives for the upcoming year. Most critical to this step is Executive involvement!

While you are in the throes of a change effort, following an Organizational Change Management Framework will keep the project on track. Here is a look at the second phase in our OCM Framework. 

​Be sure to check out our blog on Phase 1: Planning the Change.

Our PMO Framework features four project phases: 

1. Concept
2. Initiation
3. Delivery
4. Close

Our second Blog in the series ensures you don’t miss any key activities during the “set-up,” or Initiation phase, of your project!