September 2018
Beginner
309 pages
8h 29m
English

by Debbie McKee
Price is what you pay. Value is what you get.
—Warren Buffett
This chapter explores value management in the context of portfolio management. Value management is a key principle of portfolio management, driving organizational performance. As described within the PfM Standard,53 all portfolios are managed to enhance and maintain the value of the organization, whether that value is tangible or intangible. An organization can only maximize the value of its portfolio if it adopts a deliberate approach built on a set of principles.
The definition of “value” from the PfM Standard sets the foundation on ...
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