Strategic Portfolio Management (SPM) is a systematic top-down approach to managing an organization’s projects, programs, investments, business capabilities, digital and physical products, and applications to align them with strategic goals and understand their impact across portfolios. It involves overseeing portfolio analysis and optimization to select, prioritize, initiate, continue or terminate a mix of initiatives and investments to maximize value and achieve short and long-term strategic objectives.
This guide will help you learn ways to build a business case for investing in SPM software. It will help you translate the various strategic benefits into real quantifiable value. The goal is to justify your investment, increase your confidence in the business case, and use that case to get stakeholders excited about moving forward.
