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Project Portfolio Management, Second Edition, 2nd Edition
book

Project Portfolio Management, Second Edition, 2nd Edition

by Dr. Clive N Enoch
February 2019
Intermediate to advanced content levelIntermediate to advanced
132 pages
2h 53m
English
Business Expert Press
Content preview from Project Portfolio Management, Second Edition, 2nd Edition

Chapter 2

A Model for Decision Making

Introduction

This chapter discusses a decision-making model for portfolio management (PfM) and is based on a response to findings from an investigation into the practice of PfM in various organizations. The key finding that motivated this chapter and the need for a model for decision making in PfM was the fact that many organizations lacked a clear approach when deciding which portfolio components to terminate, fast track, or put on hold during the course of managing the portfolio. Some organizations take the easy route and trim budgets across all portfolio components by a specified percentage in order to make the affordability constraints. Other organizations cancel portfolio components on the basis that ...

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Publisher Resources

ISBN: 9781949991260