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Question Description

I need at least 100 word response to each of the following:

Explain how portfolio management supports an organization’s strategic management.

Explain how strategic portfolio management relates to project management.

Compare project-based and non-project-based organizations in project management.

describe how you think quality Project Portfolio Management can give an organization a competitive advantage. In your initial response, provide at least one example of an organization that has demonstrated their ability to evaluate the environment and adapt their project portfolio effectively.

The entire video posted on Lynda is worth a watch and the section on staffing needs is helpful. Choose a project (work, community, volunteer, or personal) and describe the project at the high level. What type of cross-functional expertise would you need to consider? Why these functions? How would you determine if you've addressed the needs holistically?( title "Project Management Foundations: Integration" in the Search Bar to find the video. Choose the one authored by Bob McGannon)

I wish I had a dime for every time someone in my career advised me to prioritize. There are times when effective prioritization will allow you and your team to deliver more value with less resources. There are also times when no matter what you think the priority is, you may have to complete the project anyway because of legal ramifications, ethical considerations, or simply because your boss told you to. What are some of the methods you can use to prioritize your projects effectively? How do you know you are making the best use of your resources?

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