The tomorrow of project portfolio management: Through the eyes of present
Project portfolio management is not a new phenomenon. We all do it as technology executives, and we're likely to be good at it based on traditional norms. The environment of project management has been constantly evolving. Given how market fluctuations control people, processes, and projects, the introduction of a new strategy for project execution is equivalent to stabbing uncertainty. The term: Project portfolio management Project portfolio management is the art and science of making investment mix choices, organizational constraints, allocation of resources, project priority and schedule. It includes comprehension of the portfolio's strengths and weaknesses, forecasting opportunities and risks, matching investments to goals, and maximizing trade-offs experienced to maximize returns, i.e. outcomes over assets, in given risk appetite, i.e., uncertainty about returns. Before the digital transformation, portfolio managers' primary goal was to optimize techn...