Gartner Research

PPM Leaders Must Take a Rational Approach to Irrational Decision Making

Published: 19 July 2018

ID: G00368312

Analyst(s): Robert Handler

Summary

Bias and behavior adversely impact program and portfolio management (PPM) decisions, exposing projects, programs and portfolios to unnecessary risk. PPM leaders must be aware of them and correct them to derive the greatest value while managing risk.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Promote Awareness of Bias and Its Implications Through Training, Communication and Organization Change Management
  • Apply Proven Debiasing Techniques Before Considering Projects for Funding Approval
  • Update Project Portfolio Monitoring to Identify When Biases Enable Bad Projects to Proceed and Kill Them When They Do

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