Wednesday, September 26, 2012

Project Portfolio Governance

Decision making, usually conducted by top management teams regarding:
  • Criteria for project proposals
  • Due dates for projects
  • How many projects to activate and which projects to deactivate
  • Investment in project management methodology and tools
  • Priorities
  • Project reviews, with approval for a project to proceed to the next stage or to kill the project, or approval or rejection of project improvement plans
  • Resource allocation, including capital expenditure, people, and operating expense budget
  • When to activate projects
  • Which projects to approve or reject
 

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