Project Portfolio Management

Chapter 3

Extending the Model

Introduction

The previous chapter presented the relationship between portfolio components and organizational objectives. Figure 2.1 illustrated the many-to-many relationships between organizational objectives and portfolio components while Table 2.1 showed that more than one portfolio component could contribute to a single objective. In Table 2.1, it could also be seen that a single component could contribute to multiple objectives—as in the case of Component 1 contributing to Objectives 1, 3, and (n). The model presented in the previous chapter showed how the qualitative assessment of multiple components, based on multiple criteria, could be taken as input, processed through the application of fuzzification, ...