Portfolio Management: Making the Most of Limited Resources
As state and local government officials feel the
pinch of budget cuts and increased demand
for service, they have begun looking for ways
to make better and more informed investment
decisions.
One method for making the most of limited
resources is portfolio management, an
increasingly popular process that allows organizations
to roll their various projects up into
a portfolio. There is a holistic way to approach
these initiatives in the strategic context of the
organization’s mission and goals with visibility
over all competing initiatives. The question is,
“What does it mean to manage with a strategic
portfolio perspective?” The first step is to
gain a total view of all assets and initiatives
across the enterprise and seek a purposeful
prioritization and balance among them. This
has been termed “taking a portfolio view” of
the business. The concept has actually been
refined into a disciplined portfolio management
process.
Please register to download the full white paper.
|
