Support Layer Portfolio Management Processes

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Support Layer Portfolio Management Processes

Andrew Makar, PMP

September 10, 2007





The previous article provided a detailed review of the primary processes found in a portfolio management framework. This article examines the support layer processes found in Figure 1.

 

The support layer includes project management, risk management, financial management and technology architecture management processes to adequately support a portfolio management initiative. The primary processes are supported by this layer as projects and programs initiate and execute across the portfolio.

 

Project Management

Project Management processes support the Program/Project Execution phase. All aspects of the Initiate, Plan, Execute, Control and Close processes are used to govern the Program Prioritization and Program/Project execution phases.



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