Project Portfolio Management (PPM) is the process of analyzing and collectively managing the University’s current and proposed projects.
Portfolio management bridges the gap between strategy and implementation. It is necessary to make sure projects undertaken meet the University’s goals and priorities, provide optimal value, have an appropriate level of risk, and have resources available to complete the work. In effect, portfolio management is about executing the right projects at the right time.
The ITS Project Management team facilitates project prioritization to help the university select the right projects and ensure these projects have the support and structure needed to succeed. This process takes into consideration projects in progress, resource availability, Return on Investment (ROI) and alignment with university strategic goals. Project requests are assessed twice a year according to the prioritization process outlined below.
Download a copy of the Project Prioritization Process Flow shown above.
All requests are reviewed and categorized to determine the appropriate review and approval process as well as documentation needs for the technology or service requested.