Enterprise-Wide Project Management for Business Benefits

Overview of Enterprise-Wide Project Management

You are required to write an 8-page paper on one of the following topics covered in week 8. To understand how businesses can benefit from enterprise-wide project management, let us analyze if an enterprise has projects and if those projects are managed as either programs or portfolios. Project Management is currently employed in only a few enterprises as a successful business function at the executive level. However, we believe this practice will become a standard practice in future enterprise organizational models. Executives and business unit managers in today’s most forward-thinking enterprises are already taking project management disciplines beyond handling specific projects in manufacturing, product development, services, and information technology. They are adopting its powerful methods enterprise wide. The practices of project, program, and portfolio management are applicable to any type of enterprise, whether it is a for-profit company, a not-for-profit company, or a governmental agency. Competition, corporate downsizing, and business process re-engineering have influenced many enterprises to investigate the concept of enterprise-wide project management. Project management is recognized as a professional discipline that contributes significant competitive advantages to any enterprise. In addition, project management is now understood as something more than just a set of processes for controlling a project’s cost • Project Management Office • Enterprise Project Management • Executive Office Level View • Enterprise Project Management (EPMO) • Enterprise-Wide Project Management as a Business Concept • Managing Portfolios, Programs and Projects The paper should be a minimum of 8 pages. Pages (including Cover Sheet and References page). The research paper should demonstrate your grasp of the concepts covered in week8. Find at least 6 references including the reading resources or this week. Submission Instructions: • For all papers submitted to this class, APA (7th edition) format is required. • The use of subheadings and table of contents is encouraged as this helps to organize your paper.