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PORTFOLIO PERFORMANCE MANAGEMENT

The objective of portfolio management is to determine the optimal mix and sequencing of proposed projects to best achieve the organizational strategy and objectives. Portfolio performance management is the systematic planning, measurement, and monitoring of the portfolio's organizational value through achievement against these strategic goals (business value is explained in Section 1). In addition, the performance management process manages the sourcing of key resources such as finance, assets, and human resources to ensure optimal returns.

Organizational strategy can be expressed through the organization's vision and mission, including orientation to markets, competition, and other environmental factors. ...

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