Discussion: Portfolio Management
According to the PMBOK (PMBOK® Guide) "portfolio management refers to the centralized management of one or more portfolios to achieve strategic objectives."
• Does portfolio management in projects apply to product and service selection and design? If so, how? If not, why?
• Is there a strategic benefit to using portfolio management to make product and service selection decisions? If so, how? If not, why?
• Be sure to validate your answer with a minimum of two resources.