Library
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PM Network
Sustainable Change
Japan's energy landscape has turned upside down in the past few years. A country once dependent on nuclear energy was forced to rush into renewables after the 2011 Fukushima Dai-ichi power plant…
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PM Network
Ties that Bind
Health and safety is a goal for all communities. And this year's PMI® Award for Project Excellence winners helped deliver new life in unique ways. One improved training for emergency room doctors.…
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Project Management Journal
Application of net cash flow at risk in project portfolio selection
Project portfolio management deals with the selection of multiple projects. Because the number of potential projects that can be selected is greater than the number of projects that can be funded,…
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PM Network
No simple matter
Organizational complexity builds an intricate web of dependencies that can snare even the most experienced project leader. It introduces uncertainty and adds layers of risk that slow progress and…
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Project Management Journal
The effectiveness of portfolio risk diversification
This article proposes a probabilistic approach to project operational risk and project portfolio risk diversification. The analysis rests on a fundamental distinction between a fractional and an…
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PM Network
Walk the line
In a time of modest global growth, portfolio managers have to strike a balance between pursuing opportunities and reducing risk. Project and portfolio managers discuss flexibility in managing and…
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Project Management Journal
Risk management in project portfolios is more than managing project risks
Project risk management aims at reducing the likelihood of project failure. To manage risk in project portfolios, research suggests adopting a perspective that is wider than the individual project…
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PM Network
Beauty contest
Beauty is in the eye of the beholder doesn't apply only to romance and fashion. Even in portfolio management, the land of objective measures and data-driven decisions, there's room for subjectivity.…
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