Explain portfolio management in project, Project Management

Assignment Help:

Question:

(a) Project plans are created in knowledge areas throughout the different phases of the project life cycle and are subsidiary components of the overall project management plan. Explain the importance of a project management plan and briefly elaborate of the content of the document.

(b) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously gaining wider acceptance and importance and has become a must for project success. Discuss the main components that are likely to be included in the risk management system.

(c) Project Programs and Portfolios are tactics used by organizations to implement their corporate and business strategies. Discuss the terms Program and Portfolio management in project.


Related Discussions:- Explain portfolio management in project

Produce a management report of a company, There are two learning objectives...

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials presented in the lectures 4 and 5. This assessment wil

Total quality management, TOTAL QUALITY MANAGEMENT: Decision making is...

TOTAL QUALITY MANAGEMENT: Decision making is an important management process in any organization. Without decision, nothing can be properly planned or accomplished. Decisions

Produce a project management plan - gantt chart, For this unit (Computer Pr...

For this unit (Computer Project), you are required to plan, analyse, design, implement, test, document and demonstrate a prototype of your choice.  Once you have identified a fo

Critical path, Critical Path about wedding planning

Critical Path about wedding planning

leadership theories, Discuss three contemporary leadership theories and ou...

Discuss three contemporary leadership theories and outline the conditions under which each of these theories is most effective.

Relationship between values and behavior, Strong organisational values, eng...

Strong organisational values, engaging vision that is inspirational for employees as well as creating a sense of involvement with effective communication channels.Organizational va

Disaster recovery preparation - training, Question 1: Unplanned catastr...

Question 1: Unplanned catastrophes are always waiting just around the corner to derail your project. You have been appointed risk manager to prepare a risk management plan, and

Determining project feasibility and creating schedules, Read the BEC case s...

Read the BEC case study on pages 126–129 of the textbook, and perform the following tasks:   Create a feasibility report for the project in a Word document. Create

Define and illustrtae the term maintenance strategy, Problem: (a) Def...

Problem: (a) Define and illustrtae the term Maintenance Strategy? Support your answers with relevant examples. (b) Describe the steps that will be taken to improve the

Discussion Question, Your brother in-law is about to submit a scope stateme...

Your brother in-law is about to submit a scope statement to the town council for the July 4th parade and picnic he has volunteered to project manage. Your town has about 6,000 hous

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd