14PROJECT PORTFOLIO MANAGEMENT AND COMMUNICATION
Portfolio management is a recent phenomenon which has been acknowledged by the Project Management Institute (PMI®). PMI acknowledged project portfolio management when the association published the first standard on portfolio management in 2006. Since the initial standard publication there have been two updates.
Project portfolio communication has some commonality with projects and programs, but strategy is always the focus for a project portfolio. The Project portfolio manager (PPM) needs to ensure that leaders of the company or the organization understand the project portfolio. The PPM must ensure the dashboards and the communication strategy are ...