Building Project Management Centers of Excellence

Managing the Project Portfolio

Visibility and ready access to information regarding projects in progress are two important aspects of managing the portfolio. A master project list in a table format that contains the following information is an easy but effective system to create and maintain.

Table 3-1. Process Step Description: Strategic Forecast Plan

Step	Step Definition	Role(s)	Activity Definition
1	Identify Business Unit Goals and Objectives	Management Team	The management team identifies and documents the business unit's annual goals and objectives.
2	Complete Project Profiles	Managers	Managers identify projects required to satisfy the business unit goals and objectives. A project profile form is completed for each proposed project and filed with the ...