Would you board a cruising vessel, when knowing about its inaccurate navigation systems?

In all these years helping to achieve goals via Project Portfolio Management, I have seen quite a few companies and public administrations dealing with their navigation systems. Most of them relied so much on their financial controlling abilities. Well, financial controlling has a certain and important role for the accuracy, reliability and accountability of internal and external financial data.

However, just financial controlling will neither navigate your ship through stormy waters nor provides all needed information to see the iceberg early enough.

Imagine to be the captain of a vessel. What do you need for appropriate navigation? Accurate data? Reliable data? Actual data? Transparent data? The control over your resources?

Of course, you need a clear picture about your vessels' condition, speed, course, consumption.

But first and foremost you need a clear target! And you need a vision, why to get there!

Having this, you may use all the aforementioned data and actively focus your resources to those activities, which are the most important for success.

With an efficient Project Management in place, you do those necessary steps and tasks in the right way, which shall secure accomplishment of your targets.

But with an effective Portfolio Management, aligned with your strategic goals, you are able to choose the right tasks and may focus your always limited resources onto them.

Imagine to steam on full speed, but directly into the iceberg field and think again about your choice for a proper navigation system. Think about to improve your Project Portfolio Management maturity rather today than tomorrow!