In today's business environment, working on the right projects is critical to sustain a competitive advantage. TRS Group will work with your organization to help you identify and manage the right mix of projects that offer the greatest value and contribution to the company.

Our Project Portfolio Management (PPM) approach provides a consistent way to select and manage and optimize your project initiatives and deliver maximum business value. Our PPM process is flexible and supports project sponsorship decision making processes, staff and resource allocation, and day-to-day project execution.

TRS’s Project Portfolio Management solution guides your organization along the way: TRS approach to implementing project portfolio management relies on experienced professionals designing a portfolio process that fits your organization's current processes, culture, and infrastructure.

Assessment

The first step is to develop an understanding of your company’s strategy, structure, and culture, as well as its current investment and decision-making processes. TRS helps your organization to define the best way to allocate project resources, and develop portfolio groups for investment decisions to fit your business and IT strategies.

Definition

Second, TRS Group develops a detailed Project Portfolio Management process specifically designed for your business that includes defining the workflow, information systems, decision models and evaluation criteria (financial and strategic), investment templates, analysis tools, techniques and scenarios, planning metrics, and supporting documentation.

Based on information collected during the Assessment, TRS works with you to develop process documents, templates, and analysis tools required to identify, prioritize, select, and manage the optimum project portfolio. As part of this phase we generally support the selection and/or development of project portfolio management software tools that are consistent with your organizational processes and requirements.

Rapid Start

Third, TRS Group provides mentoring and implementation support to help you quickly roll out your Project Portfolio Management processes and systems to meet budgeting schedules, target dates, and corporate objectives.