2024 Strategic Portfolio Management Frameworks and Tools Roadmap

This guide outlines the 2024 Strategic Portfolio Management (SPM) Frameworks, Processes, and Tools Investments Roadmap. It details how strategic portfolio leaders are adapting to economic headwinds by prioritizing smaller pilots rather than organization-wide deployments. The document presents findings from a survey indicating that over two-thirds of SPM frameworks, processes, and tools are currently in the piloting stage. It identifies lack of organizational readiness and talent unavailability as the primary risks in adopting these frameworks. The guide emphasizes the importance of increasing portfolio visibility to enhance decision-making, with over 47% of surveyed frameworks expected to improve transparency. Additionally, it discusses the focus on resource management and Agile support, noting a shift towards pragmatic applications of Agile project management. The guide also highlights the deployment of strategic portfolio management tools to improve overall portfolio health and the cautious optimism regarding AI-enabled project portfolio management as it transitions to high value in 2024.