Portfolio & Project Management

Project Management involves the approval, initiation, planning, execution, ongoing monitoring and ultimately close out of a finite term investment based on a specific objective or outcome.  A project undertaking can be a stand-alone undertaking, or one of a group of projects within a Portfolio.  By applying established best practices based on proven methodologies (PMBOK, PRINCE 2, Agile, RUP, etc), an organization can achieve project goals and objectives while adhering to pre-established constraints such as time and investment available.

Portfolio Project Management involves the alignment of current and planned projects based on key characteristics, similar or shared objectives, and / or shared financial investment.  The Portfolio Project Management approach allows organizations to properly sequence projects in order to fully optimize project resources (people, money, time, organizational capacity) and to deal with resource scarcity while ensuring a common alignment with business objectives. Portfolio Project Management involves the initiation, execution and ongoing monitoring of projects based on alignment with corporate business objectives and investment of corporate resources based on a project’s ROI in furthering those business objectives.

Regardless of whether an engagement involves establishing a Project Management Office (PMO), rescuing a failing project or simply applying formal project governance practices from initiation through close out, Cistel’s Project Management team has a proven track record of delivering business objectives on time and on budget. 

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