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Project Portfolio Management Part III: Monitoring and Evaluation

Delcor

You have evaluated and prioritized projects , scheduled resources , and now the scheduled projects are underway. However, in the same way an investment manager’s job isn’t complete when the stocks are picked and the trades are completed, a project portfolio needs regular monitoring and evaluation. Evaluation.

Project 59
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Project Portfolio Management Part I: Why You Need It

Delcor

And yet, not many organizations use a disciplined process to optimally select the projects they are investing in with people, dollars, and time. Due to inadequate project oversight and/or belief in the sunk cost fallacy , an organization continues to fund a project that is substantially over budget. Evaluating New Projects.

Project 59