Think implementing one PPM tool was hard? Companies now need two!
Project portfolio management (PPM) tools: You can’t live with them, and you can’t live without them. Many organizations struggle to select and implement a PPM tool that will satisfy the needs of everyone from the project manager to the C-level, and everyone in between. The problem is: For organizations that are now also using Agile, the standard PPM tool won’t cut it. Why? Because the tools that have been available for years are based on the Waterfall method of project management. Agile development is based on an iterative, incremental method, and the entire approach to structuring work and reporting progress is completely different, requiring an Agile-based PPM tool. Implementing the Agile approach is a hard hill to climb in many organizations, but that hill just got steeper for those companies implementing Agile and implementing an Agile tool at the same time.
ESI International’s top 10 trends in project management highlight the need for leadership within projects, whether agile or Waterfall. They also discuss the challenges associated with finding qualified PMs, and finding the right balance of PM approaches in this evolving industry. ESI International’s top 10 trends in project management were identified by a global panel of ESI senior executives and subject matter experts.