The Enterprise Portfolio Management (EPM) domain serves as a centralized authority responsible for assisting in evaluating, prioritizing, and selecting projects and initiatives that align with the organization's strategic objectives. It establishes a framework for evaluating project proposals, assessing their potential risks and benefits, and determining their feasibility and alignment with the organization's mission, vision, and values. 

EPM assists in setting standards and establishes frameworks for project evaluation, governance, and reporting. It helps define key performance indicators (KPIs) and metrics to measure the success and progress of projects within the portfolio. By implementing standardized processes and methodologies, this domain ensures consistency, transparency, and accountability in project management practices across the organization. 

EPM serves as a bridge between different departments and domains, facilitating communication and collaboration across the organization. It ensures that projects and initiatives from non-IT areas are properly represented and integrated into the portfolio, allowing stakeholders from other areas of the healthcare organization to understand the scope, progress, and impact of these projects. 

Overall, the EPM domain serves as a vital connector and facilitator, bringing together diverse projects and initiatives under a unified strategic framework. EPM helps make the work visible, optimize resource allocation, make informed decisions, and achieve its overarching goals by ensuring that the portfolio of projects aligns with its strategic vision and delivers the intended outcomes.

Engage with us:

Please email the [email protected] for assistance with Enterprise Portfolio Management questions.