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PROJ6005 Sustainability in Project Portfolio and Program Management

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Laureate International Universities

   

Sustainability in Project Portfolio and Program Management (PROJ6005)

   

Added on  2021-09-23

PROJ6005 Sustainability in Project Portfolio and Program Management

   

Laureate International Universities

   

Sustainability in Project Portfolio and Program Management (PROJ6005)

   Added on 2021-09-23

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Running head: PROJECT PORTFOLIO MANAGEMENT
Project Portfolio Management
Name of the Student
Name of the University
Author Note
PROJ6005 Sustainability in Project Portfolio and Program  Management_1
1PROJECT PORTFOLIO MANAGEMENT
Executive Summary
Managing a project in a proper way is very essential because the project outcome entirely is
dependent on the way by which it is managed. For an organization like GMR Group, which has
been established as one of the most exponentially growing organization centralized to
infrastructure development, it is essential that each project going through under the organization
follows the proper project management methodology. For handling all the projects at once those
are ongoing simultaneously, it is necessary that the GMR group implement proper
methodologies for handling the projects seamlessly. Currently, there have been many ongoing
projects within the organization and, the analysis will help in understanding how the organization
currently handles its project which would be then analyzed with the opportunities and threats in
the project portfolio management techniques. Therefore, the further scope of improvement can
be analyzed. Lastly, the tools and techniques that have been utilized for this purpose would also
be analyzed. Based on the entire analysis of the organization, the report would thus find the
feasible way to follow a PPM methodology for handling all of the ongoing projects.
PROJ6005 Sustainability in Project Portfolio and Program  Management_2
2PROJECT PORTFOLIO MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Situational Context and Evaluation.............................................................................................3
Introduction of portfolio management given the size and project needs of the organization..3
How the organization currently manages its projects and is there scope for improvement....4
How the organization incorporates sustainability criteria into its business decision-making
process and its operations........................................................................................................4
Scope of further improvement.................................................................................................5
Opportunities and Threats............................................................................................................5
The likely successes that the organization might experience by introducing a project
portfolio management process.................................................................................................5
The likely challenges the organization might face with the adoption of the project portfolio
management process and overcoming the challenges.............................................................6
Development of the Plan.............................................................................................................6
Key elements of a plan to introduce project portfolio management into the organization and
their impact on the strategic goals...........................................................................................6
Suggested type of project portfolio management model proposed for the organization.........6
Implementing project portfolio management into the organization........................................6
Tools and Techniques..................................................................................................................6
PROJ6005 Sustainability in Project Portfolio and Program  Management_3
3PROJECT PORTFOLIO MANAGEMENT
What tools/techniques are available for managing different types of project portfolios and
which ones would you propose for the organization and why?...............................................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................8
PROJ6005 Sustainability in Project Portfolio and Program  Management_4

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