From the course: Project Portfolio Management Foundations

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Review of steps for proposal and wrap up

Review of steps for proposal and wrap up

From the course: Project Portfolio Management Foundations

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Review of steps for proposal and wrap up

- To conclude the application of the portfolio management concepts we've learned, we're going to look at question four in the case study. If you haven't yet done so, please download the exercise file, read through the summary, and have a go at answering question four. The steps I included in the completed example are based on chapter four where we looked at the work to start implementing portfolio management. Remember, the goal of your plan is to secure investment for the first phase of the work, so make sure that's your focus. Give your leadership every reason to approve your plan. Make it realistic and reasonable with tangible benefits. That will help secure further investment in the future. Also, make sure it doesn't use more resources than are available. The other projects still have to happen. I included the identification of all required stakeholders in my plan because that will ultimately help to make the project successful. If people are involved in building the plan, they'll…

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