The goal of PPM is to forecast, assess, and forward plan future business opportunities to ensure that organizations remain responsive to dynamically changing market demands. The success of the PPM strategy depends heavily on efficient resource management.
However, organizations with multiple portfolios encounter pertinent resourcing challenges like incompetent allocation, sub-optimal utilization, lowered productivity, last-minute firefighting, etc. Implementing a comprehensive project resource management plan becomes crucial for organizations to combat these challenges and meet strategic objectives.