Implementing the Project Portfolio: A Vital C-Suite Focus

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Organizations are increasingly recognizing that effective portfolio management helps them make decisions that set them apart from competitors. This Economist Intelligence Unit study, sponsored by PMI, explores whether the C-suite is buying into this. The report examines how strategy implementation and portfolio management intersect.

Three key elements of portfolio management success require C-suite support:

  • Providing the necessary resources
  • Culture change to eradicate silos within companies
  • Effective communication and cooperation between those who formulate the strategy and those involved in executing it.

While 13% of survey respondents evaluated their companies as above average in portfolio management, these leaders differ significantly in how they practice portfolio management and the results they achieve.

This study draws on a global survey of more than 500 senior executives from a range of industries plus interviews with 10 corporate leaders and other experts.