Organizations without an effective process for managing its portfolio of new products and project selection, deviations and commonly face problems implementing its strategy. Most of the problems that organizations face are associated with the development of new products and initiatives can be traced directly through inefficient management of the portfolio.
Project managers are continually high levels of frustration due to lack of resources or because their resources are moved to other organizations are those with a greater interest in the Project Portfolio Management (APP). This frustration is symptomatic of a project portfolio unbalanced. The continuing complaint about the lack of resources is simply another way of saying that there are too many projects that run; and that being the case, it is important that there is an entity that is responsible for organizing, assign priority attention and even eliminate projects that do not generate value to the organization. Read More.....
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