10.4. Portfolio Management Processes: Model #3

Recent literature includes a significant amount of discussion about planning and managing portfolios in commercial businesses. The focus is usually on assembling various enterprise business objectives and related business unit action items, with the objectives and action items being constrained by budget and/or funds. This type of portfolio is managed or overseen by an executive or senior manager who usually resides in the business unit most involved with the work to be accomplished and is most interested in a successful outcome.

Project portfolio management is concerned with project-related portfolios and is a subset of enterprise-wide project management. It is an ongoing business function, as ...

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