Portfolio Management addresses the processes, practices, and specific activities to perform continuous and consistent evaluation, prioritization, budgeting, and selection of investments that provide the greatest value and contribution to the strategic interest of the organization. Through portfolio management, an organization can explicitly assess the tradeoffs among competing investment opportunities in terms of their benefit, costs, and risks.
Process Value Management provides portfolio management with the means of putting the right engineers on the right product at the right time as well as considering the risks (go to market or stay in development) associated with that decision.
Whether it is evaluating an organization’s next needs in network development, determining how to leverage the next generation of technology; or how companies change the way they communicate, portfolios are always looked at through three lenses: the portfolio view, the project view, and the process view.