Project Portfolio and Strategic Portfolio Management

Management
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What is a project portfolio?

What is strategic portfolio management?

What is the relationship between strategic portfolio management and project management?

May 4th, 2015

 A portfolio is a collection of programs, projects and/or operations managed as a group. The components of a portfolio may not necessarily be interdependent or even related—but they are managed together as a group to achieve strategic objectives.

  Portfolio management is the centralized management of one or more portfolios, which includes identifying, prioritizing, authorizing, managing, and controlling projects, programs and other related work to achieve specific strategic business objectives.

 Portfolio, program and project management are all aligned and driven by organizational strategies. However, each one contributes differently to the achievement of strategic goals

May 4th, 2015

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