What are the best practices for EPM sustainability?

2 Align your projects with your strategy

The second step to achieve EPM sustainability is to align your projects with your organizational strategy. Strategy refers to the long-term direction and objectives of your organization, as well as the means and resources to achieve them. You can use various tools and techniques, such as the Balanced Scorecard (BSC) or the Strategy Map, to translate your strategy into measurable and actionable indicators and targets. By aligning your projects with your strategy, you can ensure that your EPM practices are relevant, focused, and value-adding for your organization.

3 Implement a governance framework

The third step to achieve EPM sustainability is to implement a governance framework. Governance refers to the policies, procedures, roles, and responsibilities that guide and control the planning, execution, and evaluation of projects. You can use various standards and guidelines, such as the Project Management Body of Knowledge (PMBOK) or the PRINCE2 methodology, to define and implement your governance framework. By implementing a governance framework, you can ensure that your EPM practices are consistent, transparent, and accountable for your organization.

5 Engage your stakeholders

The fifth step to achieve EPM sustainability is to engage your stakeholders. Stakeholders refer to the individuals, groups, or entities that have an interest or influence on your projects and their outcomes. You can use various strategies and skills, such as communication, collaboration, and negotiation, to identify, analyze, and manage your stakeholders. By engaging your stakeholders, you can ensure that your EPM practices are responsive, inclusive, and satisfying for your organization.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?