Question: Every organization should develop a portfolio management framework that fits its business and includes the following elements: 1. a project review board, 2. structured, consistent

Every organization should develop a portfolio management framework that fits its business and includes the following elements:

1. a project review board,

2. structured, consistent collection and analysis of new project ideas,

3. a method for prioritizing and selecting new project ideas,

4. a strategic roadmap,

5. a life cycle with funding gates,

6. a method for monitoring the execution of the strategic roadmap,

7. links to budgeting cycle and enterprise risk management,

8. benefits tracking.

Discuss at least five of these elements?

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1 Project Review Board A Project Review Board PRB is a critical element of a portfolio management framework as it ensures oversight governance and decisionmaking for projects within the portfolio The ... View full answer

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