Who Needs to Collaborate on the Portfolio?
I’ve been deliberately vague about who collaborates on the portfolio. In some organizations, the people who define the portfolio are the operating committee; a project management office (PMO); the senior managers, including the CEO; and rarely, the functional managers of the technical staff. Any of these groups of people can succeed. Any of them can fail.
Every time I’ve seen the project portfolio work succeed, it’s because the group of people optimized at the highest level of the organization and worked to determine how to support the mission and goals of the organization. If you and your peers can do that, you are ready to manage the project portfolio. If you can’t, determine the people who can ...
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