Project Management Summary CPMGT/301 Project Management Summary Strategic portfolio management plays an intricate part in project management. Through this paper‚ the reader will gain a stronger understanding of the relationship that strategic portfolio management plays in project management. Strategic Management Relation to Project Management Project management involves several parts‚ but the meaning must be understood first. “Project management is the planning‚ organizing‚ directing
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Project Management Summary Steven Galvan CPMGT/301 April 6‚ 2015 Kevin Stocker Project Management Summary Project management is the process of planning‚ organizing‚ motivating‚ and controlling resources‚ procedures and protocols to achieve specific goals within a project. A project is a temporary endeavor designed to produce a unique product‚ service or result with a defined beginning and end undertaken to meet unique goals and objectives‚ typically to bring about beneficial change or
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Joannie Johnson Project Management Summary CPMGT301 Strategic Portfolio and Project Management November 10‚ 2014 James Wood Portfolio Management A portfolio is a compilation of programs‚ projects‚ or operations with components that do not need to related or interdependent—rather they are managed to achieve strategic objectives as a group. Portfolio management is the management at least one portfolio and includes the identification‚ prioritization‚ authorization‚ management‚ and controlling of
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Portfolio Management and Strategic Management CPMGT301 Strategic Portfolio and Project Management December 1‚ 2014 Portfolio Management and Strategic Management The portfolio management concept is critical to supporting an organization’s mission and goals. Portfolio management will determine which projects will be pursued when the budget or resources are limited. Organizations sometimes find that they have many projects they would like to complete but there will be times that it is not
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