Moving Corporate Strategy through Portfolios, Programs, and Projects

Organizations undertake portfolios, programs, and projects to achieve the development objectives emanating from their corporate strategy. There is, however, some ambiguity in just what is meant by these terms—certainly in the case of program management.

Portfolio management and program management strategies can focus on prioritizing resources, managing a technology base, and optimizing business benefit. The majority of projects take place as part of a portfolio of several projects or programs.

Portfolio management tends to be about the selection and prioritization of projects or programs. It also includes aligning resource demand with resource availability to achieve a set ...

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