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Research indicates almost 70% of Integrated Portfolio Management System (IPMS) installations are abandoned within 3 years. A main reason involves the adoption of the tool by individual project managers. This presentation explores reasons Project Managers resist and/or embrace IPMS applications. This presentation helps prepare for enterprise wide adoption of the IPMS.
OK, maybe hate is too strong a term, but experience has shown that one of the most difficult group of people to get to embrace Project Portfolio Management Systems (PPMS) are Project Managers themselves. This paper will explore challenges to adoption and implementation of implementing portfolio management in an organization and suggestions on how to improve adoption by project managers.
A recent study by the Center for Business Practice has indicated many challenges with implementing PPMS. A majority said the application was performing below expectations and a majority has stopped and restarted PPMS initiative. Interestingly, over 90% still mentioned the importance and need for a PPMS. This study is also showing that the challenges are not system related, they are people related.
If you are presenting at a PMI Sanctioned event, please email this information to dldavispmp@bex.net.
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