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Mastering Project Portfolio Management by Susan Bivins, Michael Bible

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1 Introduction to Project Portfolio Management

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Introduction to Project Portfolio Management

Many organizations fund and execute projects without using formal project portfolio management (PPM); that is, projects are selected using ad hoc decision processes, often leading to project portfolios that are unrelated to or that fail to achieve strategic goals and objectives. Other organizations practice PPM but don’t know how to optimize the portfolios they select, and they may not manage portfolio execution to ensure the achievement of anticipated benefits. In today’s fast-paced environment, investing in the right portfolio is imperative, but making the necessary decisions is impossible without the requisite process and tools. Selecting ...

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