Focus on Portfolio Management

Portfolio management is the new arrival in the project management world. Portfolio management provides the structure for merging all projects, programmes and change initiatives at the organisational level, so that the total impact of change can be understood and the total cost and overall level of risk can be calculated.

This is certainly an idea whose time has come as the volume of projects and changes taking place in any organisation at any one time has grown to such a level that everyone is involved in projects to some degree.

The October edition of Project magazine is dedicated to portfolio management and there are some useful articles. One of the most interesting comments was that "A portfolio management role is a great way to get a broader perspective on your company or business activities; understanding 'what' you deliver and 'how' it is delivered really contributes towards your business goals, objectives and success."

Maven are often asked by Project and Programme managers how they can develop their careers and understanding portfolio management is a relevant starting point. There will be a new course and set of exams available in the new year but if you want get ahead of the curve, download our paper on portfolio management and let us know what you think - www.mavencapability.co.uk/resources