How To Build A Business Aligned Project Portfolio

So how do you build an optimal project portfolio that is aligned with your business strategy?

In three easy steps, the EasyPM way ... I hear the chorus shout!

Here's how you do it.

1. List and categorise all projects that are currently open and funded.
1a. If they are not funded add them to the "On Hold" list and pull all resources because they are not a projects.
1b. Categories on the list could be as follows:
- - - Revenue Generating
- - - Cost Reducing
- - - Process Improving
- - - Compliance / Regulatory
- - - Security
- - - Other
2. Identify the projects that deliver real business objectives.
3. List the value in Pounds/Dollars/Euros/Yen ... that each project will deliver to the business.

Once you have completed this relatively simple process, which may include a review of each project's business case, you will find that business alignment of the project portfolio will be easy to achieve.