1) Do you agree that having a good project portfolio inventory is the foundation for developing the projects that best meet strategic objectives? If yes then why and if not then why not?

2) Why do you think it is important to manage the portfolio at frequent intervals? What are the challenges faced if you don't manage your portfolio on a regular basis?

Summary below could be helpful when answering the questions;

• Portfolio management takes a holistic view of a companys overall IT strategy
• Portfolio management maximize the value of IT investments while minimizing the risk
• Portfolio management improves communication and alignment between IS and business leaders
• Portfolio management saves 2 percent to 5 percent annually in IT budgets
• Portfolio management begins with gathering a detailed inventory of all the projects in your company, ideally in a single database, including name, length, estimated cost, business objective, ROI and business benefits
• Establishing a portfolio process includes identifying projects that match the strategic objectives
• Portfolio management without governance is an empty concept
• Portfolio management allows the user to fund the projects that most closely align with the companys strategic objectives
• Portfolio management gives business leaders responsibility for IT projects