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On the basis of attached PMI report address and question, report on the basis of questions.

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You are a project management consultant. You have been asked by the CEO of a software development company to present to the executive team and the Board of Directors as to why the company should consider Project Portfolio Management (PPM) within the organization. The CEO is interested in better managing projects overall but the Board of Directors and many others on the executive team believe it is a waste of time and things are fine as is since projects do come in on time and within budget. Though when you asked, the CEO cannot tell you if project schedules and budgets have ever been base lined. Customers have never been dissatisfied. Some additional background information: • • • • The company has 50 employees currently but has plans to grow to 150 within 2 years There are no clear roles and responsibilities around project management The company would like to expand nationally within one year and globally within 5 years The company has one project manager on staff currently but hope to grow that to 5 additional project managers within 2 years (in addition to the 150 employees noted above) PMI’s Pulse of the Profession In-Depth Report on Portfolio Management to guide you in preparing your presentation which is attached. Respond to the following questions in detail. 1. What other information might you ask of the CEO to prepare for the meeting? 2. How can you use the information already shared (e.g., no base lines) to make your point? 3. How will you "sell" PPM at this meeting? What would be important for executives in particular to know? (What do they care about?) 4. Specifically, what will you highlight/focus on? 5. What challenges will you have? (What "push back" do you expect to get?) 6. How will you overcome those challenges? (How will you respond to the "push back?") 7. List at least 3 - 4 questions you might expect from executives? And how will you respond to each question you identified? WWW. PMI-Portfolio-Management.pdf PMI’s 2012 Pulse of the Profession In-Depth Report: Portfolio Management was conducted in March 2012 among 443 portfolio managers around the world.
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