As the world tours through its fourth industrial revolution, competition in the business sphere remains on the increase. Today, every sustainable organization must be built not only on a solid business plan but also on the ability of the organization to make smart decisions. Now, it isn’t just about making decisions but making decisions at the right time for the right projects and implementing them in ways that increase your organization’s overall ROI. In a nutshell, this is the goal of project portfolio management.
Portfolio management gives organizations and managers the ability to see the big picture. For every professional, project portfolio management represents an advantage in an organization, because it aims to manage the various projects and strategies of that organization and after due consideration decides which must be implemented.