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Tag: Portfolio Management Methodology

How To Build An Efficient Portfolio Management Office ?

As far as portfolio management processes go, portfolio management office is embedded in an organization in order to support a certain strategic objectives towards a successful result. Portfolio management office also serves as an additional support in terms of business goals and benefits from projects or programs. However, getting lost in the true purpose of portfolio management office can break the purpose you are expecting. Furthermore, it will hardly affect the organization’s infrastructure.     Portfolio management office may be simple on the surface, but it’s not an excuse to dismiss its specific existence and goals—on how it will be proven...

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What is Project Portfolio Management : The Basics

What is Portfolio Management? It’s one of those questions that can be really complicated when someone is not really that familiar with project or portfolio management. To understand something is always the first step. And what is project portfolio management being one of the questions that needs further understanding. Projects are the motherboard of an organization. They create an identity, they build the organization’s reputation, and they aid with investments and return value. These projects either operate separately or at the same time—and that is a big challenge for people working in it. Portfolios are thus born to organize...

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Getting To Know The Objectives Of Portfolio Management

Portfolio management has so many advantages. And with that being said, more and more organizations in the business industry benefit from it. From project success to reaching the business objectives, portfolio management is a key player for organizations. But what does portfolio management want to achieve? Sure, you have all the advantages and functions, but why does portfolio management exist in the first place? The objectives of portfolio management are far and wide, but they basically fall into a singular logic. And regardless the size of an organization, the objectives of portfolio management can be applied.     The Objectives of...

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10 Project Portfolio Management Benefits You Need To Know

A clearer understanding of project portfolio management will help you comprehend its benefits that contribute to an organization. In this case, portfolio management is more than just organizing projects into a single portfolio; it also enables companies to conserve time and resources and create transparency in terms of tasks and decision-making. Project portfolio management benefits vary, yet very helpful to an organization. Companies need to be aware of this in order to understand what project portfolio management is conveying.  It eschews traditional project management; projects are less vulnerable to risks and they have a greater chance of success if portfolio...

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