The Trifecta of Innovative Project Portfolio Management

Project Portfolio Management (PPM) can be optimized by combining PPM, Continuous Innovation, and Agile practices. PPM standardizes project management processes such as risk management, resource allocation, and alignment with business goals. Continuous Innovation complements PPM by using innovation management platforms that collaborate on the best ideas aligned with company objectives. Agile practices enable organizations to handle midcourse corrections without sacrificing project quality, resulting in faster and more efficient results. The Innovative Project Management Office (IPMO) can lead digital transformation in the enterprise by embedding Agile practices and digital efforts, which can lead to long-term growth.