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Abstract for portfolio management project?

Project portfolio management (PPM) is a hot topic, and there is no shortage of advice on how to do it. Consulting companies and software vendors are offering tools for the job. Organizations can benefit considerably from improving the processes used to select and manage projects, but "caveat emptor," let the buyer beware. Much of the current advice on PPM is incomplete, inexact, or flat-out wrong. Available software provides good data management and reporting capabilities, but most current programs lack sound algorithms for identifying optimal project portfolios. Providing the wrong project recommendations is worse than providing no recommendations at all. The weak link for most tools is the lack of a quality decision model for recommending projects. This 7-part paper identifies available tools, describes the model that must be included within the tool if it is to make valid project recommendations, suggests criteria for evaluating tools, and offers recommendations for organizations interested in acquiring tools . Before purchasing a tool, buyers are advised to familiarize themselves with established theories for valuing projects and to reject tools that cannot be tailored to correctly apply these theories to their situations. Armed with understanding, organizations can avoid being "burned" by unsuitable and inadequate tools that are being pushed in the marketplace


Utilization of a production process is the ratio of time that a resource is actually being used relative to the time it is available for use?

True


The word boss is a euphemism?

Euphemism is a term used to define a soft, subtle or indirect term used instead of a harsh or offensive term. If the word boss is being used instead of a rather offensive word, then yes it is, otherwise, no it isn't.


Why would a company need knowledge management tools?

Knowledge management tools are used in companies to improve knowledge throughout the company, this makes the company more efficient in its business processes. It is used to share what knowledge the current employees hold and can build on that knowledge and share it with other employees.


Describe the forecasting techniques that are being used for human resource planning in your organization or any organization you are?

make sure there is always a balance in the workforce

Related Questions

Is upright position an adverb?

No, neither word is being used as an adverb. Position is a noun and upright is an adjective describing the position desired.


What is a devise that turns a circuit off and on?

A switch is a device that can be used to turn a circuit off and on. When the switch is in the "on" position, current can flow through the circuit, and when it is in the "off" position, the circuit is broken and current cannot pass through.


What is the current form of government being used in England?

Democracy


Does a pencil sharpener use current when not being used but plugged in?

Of course it does not use one bit of current. Pencil sharpeners have a switch that activates the current. When it is being used, it uses about .05 of an Amp. When not in use, there is zero current being used, even if plugged in. This is the same for an office stapler, etc. Hope that helps! Howard


Can anyone find the sun s position?

There are diagrams and equations that can be used to determine the sun's position. In today's app driven world, there are several apps that can help determine the suns current position as well.


What is the car current amp's consumptions need?

The current use all depends on what electrical fixtures or accessories are being used.


What are the tools being used in interviews?

Give us a summary of your current achievements.


How is the keyword "innovation" being utilized in the current project?

The keyword "innovation" is being used in the current project to encourage new ideas and creative solutions to improve processes or products.


Is an ammeter a device specially designed to measure current?

An ammeter is a measuring instrument used to measure the electric current in a circuit.


Is DC or AC current faster?

AC current is not necessarily faster than DC current. The speed of current flow depends on the specific characteristics of the circuit and the components involved, rather than the type of current being used.


Why does NASA airbrush out all of the details of satellite imagery?

So that photo-analysts of foreign governments cannot determine just how good the capabilities of the cameras being used are.


What is active document?

it means that the document is already open and is being edited or used at that current time

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