Portfolio management refers to the collective efforts of a division of project management office (PMO) or a task force of project management professionals toward the implementation, and maintenance, of a formalized project selection schema. This organizational unit or task force will prescribe the enterprise-appropriate portfolio management process, and its accompanying prioritization schema, for both of these operational configurations. The portfolio management team will assist the enterprise in identifying the most valuable projects to boost organizational business. Selection of projects for entry into the portfolio, and subsequent optimization of the projects within the portfolio, will be performed through quantified ...
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