Planning a Portfolio
This chapter is about planning project portfolios. It might not have occurred to you that portfolios have, or even need, plans, but they do. They just aren’t like project plans. In Chapter 1, we suggested that every plan has three components: its architectonic, the constituent elements, and the regulative principles. For a project, these are respectively: the strategy and structure of the project; the scope, risks, assumptions, and so on; and the project management disciplines that link them. For a portfolio, the three are the businesses’ strategy, the candidate projects, and the rules used to prioritize them.
While for projects, control is exercised within the project, in portfolios it is the ...
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