Project Portfolio Management: Ensuring Objective Comparisons for Portfolio Decision Making

 

Details

  • Type:
  • Published:
  • May 22, 2015
  • Author:
  • Andrea Stroud and Holly Lyke-Ho-Gland
  • Pages:
  • 9
  • Price:
  • Member: FREE

To ensure alignment with organizational goals-be they revenue, market based, or organizational performance or improvement-the first step of creating a portfolio is a systematic review of all the potential projects. Furthermore, the start of any effective process is standardizing the inputs; in this case, that means establishing business cases that will provide decision makers with the information they need to determine the value of each project and make apples-to-apples comparisons for entry into the portfolio.

This article looks at common standardized inputs that organizations use to assess the value and risk of potential projects for entry into the portfolio as well as resource allocations and ongoing tracking.

Comments (0)

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <i> <b> <u> <p>
  • Lines and paragraphs break automatically.

More information about formatting options