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At the macro and micro level, the visibility level has enabled us gain good control over our projects. This is because; the agency is able to reduce the projects costs. This is primarily achieved through the elimination or reduction of duplicate efforts. Most importantly, we have realised that human resource is key in the implementation of projects. Therefore, a better skilled and experienced human capital is employed. This is beneficial to the American society through a reduction of unemployment. It is important to that note nothing frustrates the project than shortage of skills. Therefore with good capacity planning tool a manager can meet the overall and specific demand and redeployment of resources (Martin, et al. 1998). With resource database, we were able to find the right resource for each project as well as keeping the profiles up to update.
The portfolio management has helped us to prove the value to stakeholders. This is one super value that separates success of Portfolio from the rest. Many investors have a vested interest in companies which have adopted portfolio management. In any management, this perception counts (Fersten & Fersten, 2005). For this reason, we allow relevant stakeholders to access the status of the project as well as the data they need. The process reveals some transparency thereby boosting the confidence of the stakeholders. As a result, many stakeholders have gained much appreciation for what we are doing in terms of execution of the project and theoverall achievements. Nonetheless, in order to improve repeatable success, the management has to establish better practices in the management of projects by lifting methodologies and enforcing their use throughout the agency (Hamp-lyons & Condon, 2000). Infarct, in order to prove the value of portfolio management to the stakeholders, one has to demonstrate how the portfolio operations create a good environment for the achievement of the company objectives. As a manager, one needs to establish and leverage the processes, as well as lessons learned from the previous projects. Again, the information captured in the previous repository is very vital because it is needed in the improvement of the project operations. In order to improve the portfolio management, the manager should ensure that there is an aspect of a single version of the truth in and consistency in evaluating and enforcing future projects (Jardine, 2013).