![\"The](\"\/\/media.planview.com\/clarizen\/wp-content\/upload\/2016\/09\/The-Main-Challenges-of-Enterprise-Project-Portfolio-Management-1-300x239.png\")
In order to better organize and direct their activities, most large companies group their projects and programs into portfolios<\/a> \u2013 collections of independent projects that may not affect each other directly, but can be coordinated to work toward one or more of a company\u2019s long-term objectives. A continuous focus on project portfolio management<\/a> is essential for maintaining enterprise-wide consistency between project activities and strategic business goals.<\/p>\nHere\u2019s a look at the key challenges that a company must overcome in order to implement a successful project portfolio management strategy.<\/p>\n
Demands vs. Resources<\/span><\/h5>\nOne of the most common challenges faced by organizations, especially new or rapidly-growing businesses, is a shortage of people who are both qualified to manage a project portfolio and have the availability to do it. A company\u2019s top project managers<\/a> are usually busy with the day-to-day needs of critical projects and don\u2019t have time to devote to strategic, long-term considerations.<\/p>\nThe other side of the resource management coin is how effectively the project management team can easily allocate project resources to ensure that they are fully utilized within a given project or portfolio. Senior executives, on the other hand, are often unwilling or unable to wade into the details of specific projects. The result, too often, is that portfolio management becomes a part-time effort shared by several people and owned by no one.<\/p>\n
\nIncrease your business agility with Planview AdaptiveWork\u2019s project management software<\/div>\nTake a Product Tour<\/a><\/div>\n<\/div>\nProject and Portfolio Funding<\/span><\/h5>\nEffective portfolio management requires a careful alignment of strategic goals, funding sources and well-managed projects. Companies must ensure that adequate money is available for their important initiatives, but they also must be able to identify projects and programs that are losing money or are failing to deliver the expected benefit.<\/p>\n
In order to get the maximum return on its investment, an organization should have a clearly-defined strategy with measureable goals. Once its strategy is in place, a company is in a better position to determine which projects should receive funding and how much should be invested in each project. And of course, detailed financial reporting is essential for measuring success, finding areas for improvement and identifying projects that should be scaled back or cancelled.<\/p>\n
Technological Support<\/span><\/h5>\nBy its very nature, a project portfolio is too large and multi-faceted for any person to manage without sophisticated technological tools. Enterprise project portfolio management software<\/a> is the key to aligning projects with strategic goals and allowing managers and company leaders to monitor short-term and long-term results. A portfolio management solution like Planview AdaptiveWork can provide visibility into budgets, resource allocations and timeline performance, not only for individual projects, but for a company\u2019s entire project portfolio. When the right people have the right tools at their disposal, portfolio management challenges become a thing of the past.<\/p>\nPlanview AdaptiveWork offers industry-leading portfolio management solutions for IT departments, creative teams and other organizations. Our cloud based project management solutions<\/a> can make life easier \u2013 and more productive- for you and your team.<\/p>\n![\"Siemens]()
<\/a> ![\"IIROC]()
<\/a> ![\"Financial]()
<\/a> ![\"M]()
<\/a> ![\"Aliancys]()
<\/a> ![\"Bonfiglioli]()
<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and direct…<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-17271","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"\n
The main challenges of enterprise project portfolio management<\/title>\n<meta name=\"description\" content=\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The main challenges of enterprise project portfolio management\" \/>\n<meta property=\"og:description\" content=\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-04T17:53:36+00:00\" \/>\n<meta property=\"og:image\" content=\"\/\/media.planview.com\/clarizen\/wp-content\/upload\/2016\/09\/The-Main-Challenges-of-Enterprise-Project-Portfolio-Management-1-300x239.png\" \/>\n<meta name=\"author\" content=\"Team AdaptiveWork\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team AdaptiveWork\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"},\"author\":{\"name\":\"Team AdaptiveWork\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\"},\"headline\":\"The main challenges of enterprise project portfolio management\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"dateModified\":\"2022-04-04T17:53:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"},\"wordCount\":559,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"articleSection\":[\"Project Portfolio Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\",\"name\":\"The main challenges of enterprise project portfolio management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"dateModified\":\"2022-04-04T17:53:36+00:00\",\"description\":\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\",\"url\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"contentUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blog.planview.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The main challenges of enterprise project portfolio management\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"name\":\"Planview Blog\",\"description\":\"Leading the conversation on digital connected work\",\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/blog.planview.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\",\"name\":\"Planview\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"contentUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"width\":280,\"height\":66,\"caption\":\"Planview\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"http:\\\/\\\/www.facebook.com\\\/pages\\\/Planview-Inc\\\/89422974772\",\"https:\\\/\\\/x.com\\\/Planview\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\",\"name\":\"Team AdaptiveWork\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/author\\\/team-adaptivwork\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The main challenges of enterprise project portfolio management","description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","og_locale":"en_US","og_type":"article","og_title":"The main challenges of enterprise project portfolio management","og_description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","og_url":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","og_site_name":"Planview Blog","article_publisher":"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","article_published_time":"2019-08-29T05:00:00+00:00","article_modified_time":"2022-04-04T17:53:36+00:00","og_image":[{"url":"\/\/media.planview.com\/clarizen\/wp-content\/upload\/2016\/09\/The-Main-Challenges-of-Enterprise-Project-Portfolio-Management-1-300x239.png","type":"","width":"","height":""}],"author":"Team AdaptiveWork","twitter_card":"summary_large_image","twitter_creator":"@Planview","twitter_site":"@Planview","twitter_misc":{"Written by":"Team AdaptiveWork","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#article","isPartOf":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"},"author":{"name":"Team AdaptiveWork","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50"},"headline":"The main challenges of enterprise project portfolio management","datePublished":"2019-08-29T05:00:00+00:00","dateModified":"2022-04-04T17:53:36+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"},"wordCount":559,"publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"image":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","articleSection":["Project Portfolio Management"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","url":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","name":"The main challenges of enterprise project portfolio management","isPartOf":{"@id":"https:\/\/blog.planview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"image":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","datePublished":"2019-08-29T05:00:00+00:00","dateModified":"2022-04-04T17:53:36+00:00","description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","breadcrumb":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage","url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","contentUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png"},{"@type":"BreadcrumbList","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.planview.com\/"},{"@type":"ListItem","position":2,"name":"The main challenges of enterprise project portfolio management"}]},{"@type":"WebSite","@id":"https:\/\/blog.planview.com\/#website","url":"https:\/\/blog.planview.com\/","name":"Planview Blog","description":"Leading the conversation on digital connected work","publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.planview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.planview.com\/#organization","name":"Planview","url":"https:\/\/blog.planview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","contentUrl":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","width":280,"height":66,"caption":"Planview"},"image":{"@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","https:\/\/x.com\/Planview"]},{"@type":"Person","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50","name":"Team AdaptiveWork","url":"https:\/\/blog.planview.com\/author\/team-adaptivwork\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/comments?post=17271"}],"version-history":[{"count":0,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17271\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/media?parent=17271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/categories?post=17271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/tags?post=17271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The other side of the resource management coin is how effectively the project management team can easily allocate project resources to ensure that they are fully utilized within a given project or portfolio. Senior executives, on the other hand, are often unwilling or unable to wade into the details of specific projects. The result, too often, is that portfolio management becomes a part-time effort shared by several people and owned by no one.<\/p>\n
Project and Portfolio Funding<\/span><\/h5>\nEffective portfolio management requires a careful alignment of strategic goals, funding sources and well-managed projects. Companies must ensure that adequate money is available for their important initiatives, but they also must be able to identify projects and programs that are losing money or are failing to deliver the expected benefit.<\/p>\n
In order to get the maximum return on its investment, an organization should have a clearly-defined strategy with measureable goals. Once its strategy is in place, a company is in a better position to determine which projects should receive funding and how much should be invested in each project. And of course, detailed financial reporting is essential for measuring success, finding areas for improvement and identifying projects that should be scaled back or cancelled.<\/p>\n
Technological Support<\/span><\/h5>\nBy its very nature, a project portfolio is too large and multi-faceted for any person to manage without sophisticated technological tools. Enterprise project portfolio management software<\/a> is the key to aligning projects with strategic goals and allowing managers and company leaders to monitor short-term and long-term results. A portfolio management solution like Planview AdaptiveWork can provide visibility into budgets, resource allocations and timeline performance, not only for individual projects, but for a company\u2019s entire project portfolio. When the right people have the right tools at their disposal, portfolio management challenges become a thing of the past.<\/p>\nPlanview AdaptiveWork offers industry-leading portfolio management solutions for IT departments, creative teams and other organizations. Our cloud based project management solutions<\/a> can make life easier \u2013 and more productive- for you and your team.<\/p>\n![\"Siemens]()
<\/a> ![\"IIROC]()
<\/a> ![\"Financial]()
<\/a> ![\"M]()
<\/a> ![\"Aliancys]()
<\/a> ![\"Bonfiglioli]()
<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and direct…<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-17271","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"\n
The main challenges of enterprise project portfolio management<\/title>\n<meta name=\"description\" content=\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The main challenges of enterprise project portfolio management\" \/>\n<meta property=\"og:description\" content=\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-04T17:53:36+00:00\" \/>\n<meta property=\"og:image\" content=\"\/\/media.planview.com\/clarizen\/wp-content\/upload\/2016\/09\/The-Main-Challenges-of-Enterprise-Project-Portfolio-Management-1-300x239.png\" \/>\n<meta name=\"author\" content=\"Team AdaptiveWork\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team AdaptiveWork\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"},\"author\":{\"name\":\"Team AdaptiveWork\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\"},\"headline\":\"The main challenges of enterprise project portfolio management\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"dateModified\":\"2022-04-04T17:53:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"},\"wordCount\":559,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"articleSection\":[\"Project Portfolio Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\",\"name\":\"The main challenges of enterprise project portfolio management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"datePublished\":\"2019-08-29T05:00:00+00:00\",\"dateModified\":\"2022-04-04T17:53:36+00:00\",\"description\":\"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#primaryimage\",\"url\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\",\"contentUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2020\\\/08\\\/siemens_energy-200x100.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/the-main-challenges-of-enterprise-project-portfolio-management\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blog.planview.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The main challenges of enterprise project portfolio management\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"name\":\"Planview Blog\",\"description\":\"Leading the conversation on digital connected work\",\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/blog.planview.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\",\"name\":\"Planview\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"contentUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"width\":280,\"height\":66,\"caption\":\"Planview\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"http:\\\/\\\/www.facebook.com\\\/pages\\\/Planview-Inc\\\/89422974772\",\"https:\\\/\\\/x.com\\\/Planview\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\",\"name\":\"Team AdaptiveWork\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/author\\\/team-adaptivwork\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The main challenges of enterprise project portfolio management","description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","og_locale":"en_US","og_type":"article","og_title":"The main challenges of enterprise project portfolio management","og_description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","og_url":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","og_site_name":"Planview Blog","article_publisher":"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","article_published_time":"2019-08-29T05:00:00+00:00","article_modified_time":"2022-04-04T17:53:36+00:00","og_image":[{"url":"\/\/media.planview.com\/clarizen\/wp-content\/upload\/2016\/09\/The-Main-Challenges-of-Enterprise-Project-Portfolio-Management-1-300x239.png","type":"","width":"","height":""}],"author":"Team AdaptiveWork","twitter_card":"summary_large_image","twitter_creator":"@Planview","twitter_site":"@Planview","twitter_misc":{"Written by":"Team AdaptiveWork","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#article","isPartOf":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"},"author":{"name":"Team AdaptiveWork","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50"},"headline":"The main challenges of enterprise project portfolio management","datePublished":"2019-08-29T05:00:00+00:00","dateModified":"2022-04-04T17:53:36+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"},"wordCount":559,"publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"image":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","articleSection":["Project Portfolio Management"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","url":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/","name":"The main challenges of enterprise project portfolio management","isPartOf":{"@id":"https:\/\/blog.planview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"image":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","datePublished":"2019-08-29T05:00:00+00:00","dateModified":"2022-04-04T17:53:36+00:00","description":"LinkedIn0Share0Tweet0Pin0Email0 Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and [\u2026]","breadcrumb":{"@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#primaryimage","url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png","contentUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png"},{"@type":"BreadcrumbList","@id":"https:\/\/blog.planview.com\/the-main-challenges-of-enterprise-project-portfolio-management\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.planview.com\/"},{"@type":"ListItem","position":2,"name":"The main challenges of enterprise project portfolio management"}]},{"@type":"WebSite","@id":"https:\/\/blog.planview.com\/#website","url":"https:\/\/blog.planview.com\/","name":"Planview Blog","description":"Leading the conversation on digital connected work","publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.planview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.planview.com\/#organization","name":"Planview","url":"https:\/\/blog.planview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","contentUrl":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","width":280,"height":66,"caption":"Planview"},"image":{"@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","https:\/\/x.com\/Planview"]},{"@type":"Person","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50","name":"Team AdaptiveWork","url":"https:\/\/blog.planview.com\/author\/team-adaptivwork\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/comments?post=17271"}],"version-history":[{"count":0,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17271\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/media?parent=17271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/categories?post=17271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/tags?post=17271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
By its very nature, a project portfolio is too large and multi-faceted for any person to manage without sophisticated technological tools. Enterprise project portfolio management software<\/a> is the key to aligning projects with strategic goals and allowing managers and company leaders to monitor short-term and long-term results. A portfolio management solution like Planview AdaptiveWork can provide visibility into budgets, resource allocations and timeline performance, not only for individual projects, but for a company\u2019s entire project portfolio. When the right people have the right tools at their disposal, portfolio management challenges become a thing of the past.<\/p>\n Planview AdaptiveWork offers industry-leading portfolio management solutions for IT departments, creative teams and other organizations. Our cloud based project management solutions<\/a> can make life easier \u2013 and more productive- for you and your team.<\/p>\n Large organizations often count their active projects and initiatives in the hundreds, with different departments and business units pursuing a wide variety of objectives. With so many simultaneous activities underway, it can be easy for a company\u2019s short-term operations to fall out of alignment with its long-term goals. In order to better organize and direct…<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-17271","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"\n![\"Siemens](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png\")
<\/a> ![\"IIROC](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/07\/IIROC_logo-200x100.gif\"){kind=logo}
<\/a> ![\"Financial](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/04\/FINANCIAL-SERVICES-IMG-200x100.jpg\")
<\/a> ![\"M](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/03\/m-squared-logo-200x100.jpg\"){kind=logo}
<\/a> ![\"Aliancys](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/12\/aoc_aliancys-logo-800x400-200x100.jpg\"){kind=logo}
<\/a> ![\"Bonfiglioli](\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/bonfiglioli_logo-800x400-200x100.jpg\"){kind=logo}
<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"