Project Portfolio Optimization
A key result of PPM is to decide which projects to fund in as near an optimal manner as possible. In the words of Cooper: “The portfolio decision process is characterized by uncertain and changing information, dynamic opportunities, multiple goals and strategic considerations, interdependence among projects, and multiple decision-makers and locations.” Project Portfolio Optimization (PPO) is the effort to formally make the best decisions possible under these conditions.
Read more about this topic: Project Portfolio Management
Famous quotes containing the word project:
“I wish to come to know you get to know you all
Let your belief in me and me in you stand tall
Just like a project of which no one tells
Or do ya still think that I’m somebody else?”
—John Ashbery (b. 1927)