CHAPTER5Project Portfolio Management:The Right Combination of theRight Projects

An organization can be seen as a portfolio of projects. Although most organizations have a major component of operational business-as-usual activities, the growing number of project initiatives demands major time from top executives and managers. So the view of a company as a portfolio of projects makes perfect sense for achieving the goals set by an organization. That’s how organizations keep up with the demands heaped upon them by racing evolution and pile-driving external pressures—by dreaming up and putting into practice projects that meet the needs of company strategy and the cravings of the marketplace. New projects are the key to staying ahead of the survival ...

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