Common PPM challenges organizations experience include:
- Varying levels of maturity in existing processes: The number of defined processes at the portfolio planning and reporting levels can vary between IT, OT, and other business units, as can the effectiveness of these processes.
- Cultural and priority differences: The metrics that your IT and OT personnel prioritize might be different even on projects where they collaborate.
- Breaking siloes, not reinforcing them: Developing PPM maturity separately risks creating future friction as IT and OT departments converge and collaboration becomes mandatory.
Our Advice
Critical Insight
- Your PPM processes and their maturity will drive both your accuracy in constructing the most valuable portfolio mix and your ability to maintain that value through project execution.
- The IT/OT convergence trend presents an opportunity to do so outside of business unit silos, allowing for a holistic view of all project activities within the organization under one umbrella while promoting collaboration and unifying priorities across departments as convergence continues.
Impact and Result
- Identify the maturity of your current processes to understand your highest value opportunities to improve.
- Leverage existing process capabilities by sharing across business units to accelerate your maturation.
- Establish common standards for tool usage and process goals that will enable future collaboration and oversight.