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Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed by Steve Rollins, Gerald Kendall

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ASSET PORTFOLIOMANAGEMENT

WHY FOCUS ON ASSETS

Some PMO directors comment, “We already have enough to worry about. Why should we even think about assets?” Our claim is that the PMO and the portfolio manager must understand the strategic nature of the organization’s assets because it will help them and their executives make better choices between projects.

Consider the following analogy. You own an old car. It is really starting to fall apart. You have spent over $3,000 in the past year maintaining it, and you know some major problems are about to blow wide open. Is it wise to continue investing in the old car, or does it make more sense to ...

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