14

Portfolios of Projects

The Business Programme

What’s different about Business Programme management?

Managing the portfolio

Prerequisites for effective portfolio management

Directing a ‘portfolio’ of projects is a key senior management task, as it is this ‘bundle’ of projects that will take you from where you are now to your, hopefully, better future.

’What shall become of us without the barbarians? Those people were a kind of solution.’

CONSTANTINE CAVAFY, 1863–1933

The Business Programme

In Chapters 12 and 13 we considered the following definitions: A project, in a business environment, is:

  • a piece of work with a beginning and end;
  • undertaken within defined cost and time constraints;
  • directed at achieving a stated business benefit ...

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