How do you align project portfolio maturity with risk management?
Project portfolio management (PPM) is the process of selecting, prioritizing, and monitoring a set of projects that align with the strategic goals and objectives of an organization. However, PPM is not a one-size-fits-all approach. Different organizations have different levels of PPM maturity, which reflect their ability to manage multiple projects effectively and efficiently. PPM maturity also influences how organizations handle risk management, which is the identification, assessment, and mitigation of potential threats and uncertainties that may affect the project outcomes. In this article, you will learn how to align your project portfolio maturity with your risk management practices, and how to improve both over time.