MGMT-6054 Lecture Notes - Project Management Office, Resource Management, Local Exchange Trading System
Document Summary
Introduction to project selection (in preparation for modules 7 and 8) A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Portfolio is a collection of programs and projects grouped together to manage them efficiently. Portfolio management is about making the right investments for the organization to maximize return on investment. Note that one project is directly under a portfolio (but most projects are usually under programs) Ultimate goal of any pmo and opm is success completion of projects and delivery of benefits. The path from corporate mission statement to selection of projects. In other words, corporate strategy and change is implemented primarily through projects. Resources, funding, people"s energy, and executive attention are finite. Before we get into the project selection process As a project manager, you may or may not be involved with the feasibility or benefit-to-cost analysis.
