How Small-Medium Enterprises Can Benefit from Portfolio Project Management [2025 Guide]

Enterprise portfolio management (EPM)

Let’s say you’re an established startup with an entire suite of projects. That means you must make critical decisions to maintain, introduce, and manage them properly.

Balancing all that while staying responsive to market fluctuations can be tricky. So what should you do?

Your company will need an enterprise project portfolio management (EPPM) solution. For example, with monday.com portfolio management, you’ll achieve a strategic approach that helps you holistically organise every project.

Industry leaders highlight that portfolio management is a great way to streamline strategy with implementation. This market will exhibit a CAGR of 7.9% between 2024 and 2032, reaching USD 9.32 billion from USD 5.04 billion.

In this blog post, we’ll discuss EPPM and how monday work management can help.

Understanding Enterprise Portfolio Management

What’s an Enterprise Project Portfolio?

According to RGI, an enterprise portfolio is the strategic overview of an organisation’s projects, initiatives, and investments. This usually remains aligned with specific business objectives, strategies, and goals.

Portfolio management

Think of it this way: A project portfolio is the only source of truth an enterprise needs to make decisions about performance forecasts, business risks, resource allocation, etc. When using the monday project management tool for this, it can become the guiding light for process alignment and progress.

Portfolio Management Process: How Should Enterprises Handle Projects?

Portfolio management process

The Association of Project Management notes that enterprise portfolio management (EPM) involves prioritising, controlling, and selecting an enterprise’s programs and projects. These are usually in line with a business’s strategic objectives and ability to deliver.

EPM assigns responsibility to ensure someone closely monitors the projects. This centralised management establishes oversight and standard governance across an enterprise's operations.

Why is this important, though? Let’s say your organisation implements monday.com for enterprise portfolio management. Then, every project will be aligned with your values, long-term goals, and strategies, leading to better funds and prioritisation.

monday.com portfolio management

Using the portfolio management feature on monday.com WorkOS ensures you can:

• Weed out risky and underperforming projects
• Align better with the company’s strategy
• Make educated decisions and deliver results
• Risk forecasting and facilitating collaboration
• Obtaining and identifying project returns

Why Should Small to Medium Enterprises Choose Portfolio Management?

According to a review by Gartner, only 16% of enterprises had an effective and strategic portfolio management system.

Business growth

Needless to say, seamless EPM will positively affect your business value. Here’s why:

• An easily accessible portfolio helps team members and managers quickly access prioritised and relevant projects.
• Strategically aligns operations and organisational leaders to help them check projects and align with high-level goals or KPIs.
• Helps with risk management by providing clarity about the enterprise projects through visualisation and evaluation.

EPM can also reduce inefficiency since all projects are consolidated in one place. For instance, on monday work management, enterprises can see high-priority projects, create a track record, and determine what can be tabled.

Why Does Your Enterprise Need a Portfolio Management Platform?

Even for larger enterprises, keeping projects in check can be hard when resources are limited. Technically, you’ll need an EPM tool to track the following:

• Project status
• Investment rounds
• Communication
• Ownership
• Funding

The best practices involving EPM include performing a hands-on, detailed project inventory and evaluating them through a strategic lens. Moreover, you must fund projects by prioritising and categorising them. Don’t forget to thoroughly review your enterprise portfolio.

Portfolio management template on monday.com

Let’s say you’re choosing monday.com work management for this. Then, it will become your project management office (PMO). This solution will eliminate manual data transfers, track the time taken, reduce excessive status update meetings, and improve overall processes.

How Can monday Project Management Help?

EPM Challenges monday.com Can Solve

EPM challenges

Portfolio management comes with various challenges. Thankfully, the monday WorkOS platform can solve most of them.

Challenge

Solution

A cohesive relationship between stakeholders and managers

monday project management makes communication smooth sailing between them by improving engagement and enhancing transparency.

Resource and time management

The monday.com platform has a Timeline and Workload view that makes every project’s stage, data, time taken, capacity, and budget visible.

Data visibility

The monday.com WorkOS solution gives you access to custom dashboards and widgets for a better view of project reports.

Inability to scale and personalise

With monday.com project management, your team can cut down on manual work by personalising automations, expanding portfolios, and more.

Another issue this portfolio management tool solves is the macroeconomic risks. During an economic downturn, an effective EPM process can help you make better financial decisions.

monday.com portfolio management overview

The Portfolio Management Template

The monday.com platform features a simple and intuitive template that helps to enhance enterprise portfolios. It also gives you a quick overview of the money you’ve invested for each project.

monday.com portfolio management template

Introduced in July 2024, the portfolio management solution helps enterprise customers get a holistic view of relevant projects in a user-friendly interface. monday.com’s portfolio solution helps you navigate between low-level projects and high-level portfolios.

Overview of monday.com EPM Solution

monday.com portfolio management template

This monday.com portfolio management tool comes with the relevant columns, customisable settings, unique views, etc. It’s the perfect place for project and portfolio managers to collaborate and execute for your enterprise’s success.

It comes with the following customisable parts:

• Portfolio Board

Portfolio Board

This provides a high-level view of every project in your enterprise portfolio. In this bird's-eye view, you can check where everything stands at a glance.

• Project Board

Project Board

With this board, you can manage low-level project details together with your teams. This will be synced and connected directly with the portfolio overview to showcase everything in a centralised location.

Reach out to a monday implementation consultant like Fruition Services to understand how to get started with this feature. We’ll help you add the correct boards to your account, customise them to meet your enterprise portfolio management needs, and more.

Portfolio Health Snapshot

This is an exclusive monday.com feature found only in the portfolio management solution. The Portfolio Health Snapshot is an all-encompassing view and is a great way to visualise the data for every project in your enterprise portfolio.

Portfolio health snapshot on monday.com

With this fully interactive view, you can see the following:

• Percentage of completed tasks for each project
• Actual vs. planned timelines

Benefits of Using the monday.com Portfolio Management Solution

monday.com has come a long way. It went from being an underdog to a SaaS giant. In 2024, the company reached an ARR of USD one billion, proving its popularity.

This project management tool comes with unique capabilities. Among them is monday.com portfolio management. This template is suited for top-notch EPM as it comes with unique features and customisation options to detect problems and project bottlenecks.

monday.com portfolio management for enterprises

By using monday.com, you’ll check off all the EPM best practices. Examples include detailed project inventory, project evaluation, thorough review, and more.

You’ll benefit in the following ways:

• A high-level, detailed, and hands-on overview allows enterprises to stay connected to a granular view of each project to keep everyone updated.
• Your team can evaluate everything by using custom columns to get a better view of each project’s funding status, resources invested, estimated value, and more.
• Fund the projects for your enterprise after categorising and prioritising them through custom project scoring.
• Custom dashboards provide snapshots of your enterprise portfolio’s health and profitability to help you thoroughly manage and review the projects.
• Assigning ownership to each task lets you have a go-to person for each project, providing better insight and tracking.

Fruition Services: monday project management

To achieve all these benefits with monday.com portfolio management, feel free to reach out to a monday expert. At Fruition, we’ll evaluate your EPM needs and tailor the template based on the connected projects you need in your enterprise portfolio.

FAQs

Can monday Work Management help with enterprise portfolios?

Yes, the monday.com WorkOS platform gives a high-level overview of your company projects assigned to each team member or department. For instance, the portfolio board has Gantt charts, project progress widgets, file views, and a unique Portfolio Health Snapshot. All these let you customise the dashboard to showcase project phases, budgets, and updates.

What’s the difference between project management and enterprise portfolio management?

Portfolio management helps manage projects collectively and keep them aligned with your company's strategies. monday.com portfolio management allows enterprises to stay on top of project data across various teams and departments. Compared to that, project management helps you execute, track, plan, and monitor a task through different stages. Enterprises can use monday project management to track and manage temporary project stages to achieve goals and produce positive outcomes.

What features should you look for in an enterprise portfolio management tool?

When choosing an EPM tool, look for collaboration, real-time analytics, and visibility features. Always go for a system that allows resource and centralised management for all projects. For instance, the monday.com portfolio management product comes with unique dashboards for the import and export of data at an enterprise-level security. It also comes with reporting, budgeting, in-platform communication, and automation features.