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Best Practices for Portfolio Project Management: Processes and Tools

Liquid Planner Collaboration

Handling multiple projects, or portfolio project management, is an entirely different beast. But here’s the real deal: Portfolio project management doesn’t have to be an uphill battle. You might ask, “How can I navigate the maze of multiple projects without getting lost? ’ moments.

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How To Show The Value Of Your Work

Eric Jacobsen Blog

Specifically, the book teaches how to demonstrate the value of your initiatives, using a simplified version of the ROI Methodology. Phillips , authors of the book, Show The Value Of What You Do , developed the ROI Methodology in the 1970s and refined it in the 1980s when their first book describing the process was published.

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Learning and Development

AIHR

Here are some procedures to use as a guide: Articulate the purpose of the initiative Perform a SWOT analysis to determine which learning program is best Establish a well-defined budget that includes all costs associated with running the program Provide detailed information on the program’s benefits and ROI.

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Are You Failing to Achieve Employee Development Goals?

15Five

Return on investment (ROI): If you get down to the pure monetary aspect of training employees, you can establish a direct link between the amount you put into employee development and how much revenue each employee brings in. And as far as tracking is concerned? Ready to start?

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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

While you might get away with running HR operations on a few spreadsheets if you’re a micro business, the minute you start to grow, it’s time to onboard project management software. Medium-sized companies (50-500 employees): A scalable performance management solution that can adapt to growing HR demands and usage.

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How to Implement Artificial Intelligence in Human Resources

15Five

A project management tool might reveal a lot about an employee’s performance, for instance, while an HRIS system like ADP is used to report on just about everything else. AI tools can give you the leg up you need to do more with your data, meaning all that money spent on performance management tools doesn’t go wasted.

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Change Management in Digital Transformation (Get it right!)

Walk Me

Organizations create change management strategies to handle freakouts from the beginning of the transformation. And they lay it out on top of the digital transformation project. Change management increases the chances of success and ROI on digital transformation.