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Projects & Profits Magazine:
Enterprise Project Management : An Introduction
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Organizations pursue different strategic objectives and to achieve those, take up projects that are handled individually or collectively by themselves. Pursuing different projects with different objectives does not necessarily translate into achievement of organizational objectives. Majority of the times, the objective of the organization is not achieved because of focus on multiple projects with equality promising benefits. Managing individual projects does not provide a holistic picture of the projects pursued and thus may lead to confusion and failure. For improving the success rate of the projects an integrated approach that provides the bigger picture is required. This is where the concept of Enterprise Project Management (EPM) assumes importance.

EPM simply put, is an enterprise wide view of all project management activities that contribute to the success of the organization. Practitioners view EPM as an approach that assists in selecting, planning, controlling and implementating of projects through a centralized governing body for better results.

 
 
 

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