Adopting a Strategic Approach to SPM
Strategic Portfolio Management (SPM) is a comprehensive framework that includes principles, abilities, and procedures, complemented by integrated technologies. It equips businesses to achieve their objectives by synchronizing their strategic goals with their everyday operations. SPM allows stakeholders to allocate resources to prioritize initiatives, establish a clear investment roadmap, share plans, and view ongoing activities within the context of strategic initiatives.
Important Features in SPM
Project And Portfolio Management
Enables collaborative approach to program and project governance by harnessing project portfolio management and IT development capabilities. Streamlines project portfolio management and IT development by consolidating multiple standalone applications, focusing on team collaboration
Enterprise Agile – Development And Test
Application Portfolio Management
IT Financial Management
Accelerates the realization of
business value with SPM
Improved transparency
Led to better prioritized portfolios and closer alignment to business goals
Faster and better resourcing decisions
Enable staffing plan to better support business priorities
Empowers clear communication across different and changing toolsets.
Sustain ongoing transparency in every facet of work execution, regardless of its origin, offering the appropriate context for stakeholders' decision-making, and promoting collaboration among diverse teams.