Portfolio Management and Strategic Management Concepts and Organization Paper Final CH.docx

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Portfolio Management and Strategic Management Concepts and OrganizationPortfolio Management and Strategic Management Concepts and Organization PaperTina FerrellCPMGT/30120 August 2018Organizations are continually striving to find common ground between individual projects and the organization’s business objectives. Portfolio management starts with physically choosing
Portfolio Management and Strategic Management Concepts and Organizationa portfolio. A strategic project office help facilitates issues along the way. Plans are a way of tracking an organization's tasks or activities that perhaps cannot be addressed within the limits ofthe organization's boundaries. As we take a look at projects, this is how an organization produces its strategic plan, most of which will be based on the legal requirements of and organizations, client requests, technology, market demands, and organizational needs. There are several ways in which portfolio management concepts support an organization's goals and mission. According to Dave (n.d.), "Portfolio management refers to the centralized management of one or more portfolios and includes identifying, prioritizing, authorizing, managing and controlling projects, programs, and other related work. Portfolio management assists in helping ensure your organization does the most valuable work and is well managed throughout the organization. Portfolio management ensures your resources are allocated to the proper, most important work. Portfolio management also provides resources are appropriately

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