| | JULY 20208CIOReviewAs organizations navigate the `new normal' during a global pandemic, the value of portfolio project management (PPM) becomes more apparent. During a crisis, uncertainty makes it difficult to determine how to proceed. Fortunately, PPM is already designed for unique situations, and it provides the toolset for defining goals, assessing situations and clearly communicating responsibilities. Following robust PPM processes can reduce the risk of poor decision-making in a crisis, because the considerations for what is required to achieve project goals are already in place.Here are five fundamental reasons to use PPM during a crisis:1. WELL-EXECUTED PPM FACILITATES EFFECTIVE DECISION-MAKING AND COMMUNICATION.Project management tools are designed to consider all possibilities, test assumptions and drive toward decision-making. Foundational PPM allows you and your team to determine scope, consider the risks, develop schedules, consider dependencies and estimate resources, all of which facilitate and empower more effective decision-making and communication.By Melissa Panagides-Busch, MPH, PMP, BDO [OTCMKTS: BDOUY]5 REASONS TO USE PROJECT PORTFOLIO MANAGEMENT IN A CRISISIN MY OPINION
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