Project Portfolio Management

Running head: PROJECT PORTFOLIO MANAGEMENT
PROJECT PORTFOLIO MANAGEMENT
Name of Student
Name of University
Author’s Note

1PROJECT PORTFOLIO MANAGEMENT
Executive summary
The organisation chosen for this particular assignment is HCL. There are various results
that have been derived from the research carried out in this report. The results include the fact
that HCL has been investing in the right projects like strategic management, resource planning
and many more, it could be stated such because the project management portfolio management
has numerous strategic advantages like better management of organization. The changes brought
about by implementation of project portfolio management can become more important due to the
pressure on the organization for keeping in pace with various changes. HCL has not yet
optimized its capacity because it needs to undertake a change management plan. HCL has
initiated in executing the project portfolio management, and it has also realized the promised
benefits of project portfolio management. . Some promised benefits that have already been
realized by the organisation include simplification of works, providing better strategies to plan
various decisions that are to be undertaken within the organization. Some methods that are used
by the organization include performing risk management, monitoring the project delivery
success. The usage of chosen strategy has helped HCL to prioritize the activities, perform them
sequentially. There are also some challenges which can be faced by the organization while using
the present method in case it has to be operated in the global environment include an increase in
demand and reduced resources.

2PROJECT PORTFOLIO MANAGEMENT
Table of Contents
1. Introduction......................................................................................................................3
2. Situational context.......................................................................................................3
3. Portfolio evaluation.....................................................................................................5
4. Portfolio management..................................................................................................7
5. Maturity levels.............................................................................................................8
6. Corporate culture.......................................................................................................10
7. Conclusion.....................................................................................................................12
8. References......................................................................................................................14

3PROJECT PORTFOLIO MANAGEMENT
1. Introduction
Organisations usually run numerous projects at a time; this contributes as a reason for
which it is important for them to manage a project portfolio. This would help an organisation to
categorize the projects undergoing within it and align them along with the organisational goals
(Kaiser, Arbi & Ahlemann, 2015). Project portfolio management is a specific process of
management, which consists of methods that aim in helping the organisation in acquiring data
and then sort out the projectsbased on criteria (Aiello &Gatti, 2017). The organisation chosen for
this particular assignment is HCL. This assignment discusses the case which states if the
organisation is using the right projects, if the organisation has optimized the capacity, how
appropriately did the organisation execute the project portfolio management, it further discusses
the fact if the organisation absorbs all the changes and if the organisation has realized the
promised benefits provided by the project portfolio management (Archibald & Archibald, 2016).
The assignment discusses the method that has been used by the organisation to evaluate the
entire project portfolio. It further justifies using the method in the comparison of other available
methods. These points are elaborated in the discussion part in a detailed manner.
2. Situational context
Is the organisation investing in the right projects?
HCL is investing in the appropriate projects such as expansion of market, strategic
management, resource planning and many more, it could be stated such because the project
management portfolio management has numerous strategic advantages (Stettina&Hörz, 2015).
This is because the project portfolio management has an ever increasing rate of change across the
world as well as in the organisations. The changes brought about with the help of implementation