Priority decisions

A portfolio management system enables businesses to maximize their resources while allowing them to achieve their strategic purpose.Effective portfolio management is pushed by three main components - organizational platform, energetic leadership, and enabled processes.In addition, there are three types of project portfolios - compliance, operational, and value-creating.The organization's strategic plan is the basis for the effective prioritization of projects which must be ranked on value and balance.Some scoring models used to rank project portfolios are Net Present Value (NPV), Expected Commercial Value (ECV), and Productivity Index (PI).
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