Synopsis "Portfolio Management: A Practical Guide"
Portfolio Management: A Practical Guide by Sorin Dumitrascu offers a comprehensive look into portfolio management processes and how they can help organizations address the most essential projects and programs to achieve their strategic objectives and outcomes. The book provides a high-level perspective on how portfolio management can facilitate management of projects, programs, and portfolios, ensuring they produce planned benefits and meet an organization's strategic goals. With limited resources and unlimited needs, managing work on a portfolio level can reduce chaos, enabling organizations to do the right work at the right time. The book aligns with the Project Management Institute (PMI(R)), The Standard for Portfolio Management, which expands on the work presented in A Guide to the Project Management Body of Knowledge (PMBOK(R) Guide) and the Organizational Project Management Maturity Model (OPM3(R)). Portfolio Management shows how people can work together, even across organizational boundaries, to accomplish project-based work, extending beyond the completion of projects and programs to focus on strategic objectives and outcomes. The book is a fantastic resource for portfolio managers or those interested in portfolio management, who want to gain a high-level understanding of how their work contributes to their company's goals. If you are feeling overwhelmed with a world of immediate crises, rapidly shifting priorities, and reactive instead of proactive management, and are looking for an effective way to manage your portfolio, Portfolio Management: A Practical Guide by Sorin Dumitrascu is a must-read. The book's practical guidance and real-world examples make it easy to understand and implement portfolio management processes that help address the most pressing organizational needs, ensuring the right work is done at the right time.
