Portfolio Management And Strategic Management Concepts.

* Management of the portfolio by means of a set of selection criteria for proposed projects, as well as reallocating, reprioritizing, and/or rescheduling current projects at various phases of the pipeline, (thus the portfolio and project management processes become interconnected, and the portfolio is constantly reevaluated).

Project management (PM) system processes are essential for successful performance within an organization. ?Successful performance leads to customer delight, although insured, is totally possible through proper application and quantifiable control of project management processes?, (Akkiraju, n.d., p. 2). Project management involves components that PM mangers follow when preparing to enter into a venture. The PM use planning, hazard management, execution management, change

First, develop project selection criteria and a high level process for applying the criteria and managing the portfolio. The criteria should be consistent with the business environment for the industry, consistent with your company's overall mission/strategies, and consistent with the mission and strategies of your strategic business unit. You are proposing a process, not individual projects.

UNIVERSITY OF ILLINOIS AT CHICAGO Liautaud Graduate School of Business Department of Finance Professor Hsiu-lang Chen 1 Practice Problem I

1.High Color Detergent is issuing new shares of stock which will trade on NASDAQ. If Sue purchases 300 of these shares, the trade will occur in which one of the following markets? Primary 2. Wilson just placed an order with his broker to purchase 500 of the outstanding shares of GE. This purchase will occur in which one of the following markets? Secondary 3.Hi-Tek Shoes is a private firm that has decided to issue shares of stock to the general public. This stock issue will be referred to as a(n): initial public offering4. A firm that specializes in arranging financing for companies is called a(n): investment banking firm5.The process of purchasing newly issued shares from the issuer and reselling those shares to the general public is

The projects in the portfolio were evaluated to determine if they will drive and create new revenue for the organization. The E-mail system and CRM are tied at 8 points, while the ERP and Database projects came in the second and third place respectively leaving Network upgrade at the 5th position. The rationale here lies in the fact that CRMs are known to help drive revenues, and e-mails are effective for communication and advertising. These will drive revenues more than the other three projects.

What Is Strategic Management a process for defining and addressing the management implications of an organization's strategic and operational plans? A long-term context for short-term activities. Strategic management is the analysis of the work done by the management of an organization on behalf of the owners. It gyrates around expressing the purposes of the organization and coming up with an appropriate mission and vision statement. Mission and vision statement together are used to help develop policies and plans to be used in long term and short term goals often categorized as projects or programs. It also involves the right resources of management to ensure that the business profit are maximized to grow the company. Strategic Competitiveness

A project portfolio is a group of projects that share and compete for the same resources and are carried out under the sponsorship or management of an organization (Archer & Ghasemzadeh, 1999a, 1999b). Turner and Müller (2003, p. 7) defined a portfolio as “an organization (temporary or permanent) where projects are managed together to coordinate interfaces, prioritize resources between projects, and thereby

The portfolio management process has several steps or parts to the process. The idea behind portfolio management is to choose

According to the CAPM model:R_i=α+βR_m+ε, α represent the abnormal return gained by the portfolio. If the market is efficiency, the α has to be zero.

The Project as Part of the Functional Organization – Projects can be assigned to an appropriate functional organization within the firm. The advantages of this per the text are:

Portfolio analysis works as a great tool to analyze the specific products, investments or services (now written as aspects) a company currently has in its portfolio. Usually view by strategic business unit or product line, the tool can provide great value during the strategic planning phase. A great approach in making strategic decisions on the viability of certain aspects of the business, it can spell out profitability, longevity, rate of growth, risk, usage and potential. It does not work as the end all be all answer in making strategic conclusions, but portfolio analysis can provide a great overview of where a companies aspects are in areas of market and positioning.

Portfolio strategy is all about carefully selecting the right project with limited allocating resource and by investing in a careful constructed portfolio of diversity businesses, companies are able to reap higher and more consistence return over the long period.

First an IT portfolio should be created for each project to allow for projects to be reviewed and prioritized effectively.

According to Mlybari (2011), programme management’s key feature is business sponsorship. Therefore, the business needs to sponsor the programmes based on decisions at portfolio management level. Programme management provides benefits such as delivering more strategic objectives, increasing efficiency, reducing risk and providing information to support the core business of an organization, besides ensuring that the strategic delivery of each project is consistent with that of other projects and their own strategies (Mlybari, 2011).