Assignment Overview:
Portfolio balancing ensures that the goal of the portfolio is appropriately aligned with the organization's business strategy. It requires that the project first be prioritized and the balancing of resources (including people and money), risks, and benefits to the organization.
Portfolio Value Analysis entails the activities related to analyzing the value (both tangible and intangible) of the portfolio through its components. The purpose of this is to manage the portfolio value, by ensuring the intended value of the portfolio is aligned with the organization's strategy.
Instructions:
Use portfolio value analysis to balance your course project portfolio.
1. Determine and detail your project portfolio strategy.
2. For your portfolio value analysis consider the following for each project:
o Budget/resource requirements
o Performance
o Value provided to portfolio
o Any interdependencies that projects may have on each other (in goals, resources, customers, etc.)
o Risk (both threats and opportunities) that the project takes on for the portfolio
o Diversity that the project provides to the portfolio
Requirements:
The submitted assignment should include the following in an MS Word document:
- Your portfolio strategy
- The rationale used for Portfolio Balancing
- The resultant list of projects in your portfolio (Keep in mind that this will likely not be the same list of projects you provided in Unit 2, as after analysis, you may determine some projects no longer fit within your portfolio strategy)