An organization is running multiple large projects concurrently. Demands for staffing and funding are creating competition among these projects, resulting in schedule pressures. Which approach is the most effective to ensure balanced resource usage while preserving the organization’s strategic direction?
A dynamic portfolio-level planning method systematically evaluates each project’s relevance to strategic goals and adjusts resource allocation as circumstances change. Relying on prior successes or evenly splitting resources may appear equitable, yet these approaches neglect evolving needs and larger organizational considerations. Providing resources first to the largest projects can hamper smaller efforts that carry significant strategic value.
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PgMP
Strategic Program Alignment
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