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What do the key elements to successful portfolio management include?

April 26, 2017elements key Management portfolio successful

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What do the key elements to successful portfolio management include?

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They include: Defining goals and objectives (strategic planning, performance management) Understanding, accepting and making tradeoffs (governance) Identifying, eliminating, minimizing and diversifying risk (CPIC, IT Project Management, budget formulation, governance) Monitoring portfolio performance (IT Project Management, CPIC, budget execution, performance management, governance) Revisiting and adjusting portfolio mix, based on goals, objectives, risk and performance (performance management, CPIC, budget formulation, governance)