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.
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Famous quotes containing the word project:
“Although I mean it, and project the meaning
As hard as I can into its brushed-metal surface,
It cannot, in this deteriorating climate, pick up
Where I leave off.”
—John Ashbery (b. 1927)
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