The definition of strategy looks amazingly like all of the elements necessary in project portfolio management. If your organization does not do strategic planning today, instituting project portfolio management will enable the discipline and process that defines the strategic process. If your organization does do strategy work today, integrating project portfolio management with it is a natural extension to strengthen it and increase rate of strategy realization.
In 1982, K. C. Yelin founded ICS Group, a management consulting firm that works with Fortune 100 market leaders to improve business execution. She was the president of ICS Group through 1999 and is the author of that firm's project portfolio management model and project leadership process. She has served on the faculty of the University of Connecticut Graduate School of Business Administration. She currently heads Yelin Associates based in Scottsdale, Arizona, and is an adviser to the project portfolio management practice at ICS Group.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.