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Portfolio Management: Delivering on Strategy

Portfolio Management: Delivering on Strategy

Hardcover

Series: Best Practices in Portfolio, Program, and Project Management

Business GeneralManagementTechnology & Engineering

ISBN10: 1032326298
ISBN13: 9781032326290
Publisher: Auerbach Publications
Published: Jun 21 2023
Pages: 258
Weight: 1.23
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English

Portfolio management is becoming the 'must have' for organizations to prosper and survive in this decade and beyond. No longer can the organizational focus be one of following best and repeatable practices as resource limitations mean only those programs, projects, and operational work that add business value can and should be pursued. Executives are focusing on strategic ability and managing complexity, which can only be done through a disciplined portfolio process in ensuring the best mix of programs, projects, and operational work is under way. In turn, the portfolio is constantly in flux as difficult decisions are made if a project, for example, is no longer contributing to business value and providing benefits and should be terminated to reallocate resources to one of higher priority. Commitment to this difficult approach is necessary at all levels, and communication is required so everyone knows how their work contributes to the organization's strategic goals and objectives.

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Marnewick, Carl

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Business General