Portfolio Management

Select, prioritize, and control an organization’s programs and projects in line with its strategic objectives.

To select, prioritize, and control an organization’s programs and projects in line with its strategic objectives and capacity to deliver.

Portfolio management analyzes and optimizes costs, resources, technologies, and processes for all the projects within a portfolio; it highlights questions like:

• Do I have the necessary resources and budgets to initiate a new project?
• Are there other projects that can be modeled?
• Are there any current projects that may interfere with this new project?
• Do we need to adjust stakeholder expectations?
• Does this project align with our enterprise objectives?

An organization may have one portfolio, which would then consist of all projects, programs, and operational work within the company. It may also establish several portfolios for project selection and ongoing investment decisions.