Project Portfolio Management: Prioritizing the Right Projects Project Portfolio Management (PPM) involves overseeing and managing a collection of projects to ensure they align with an organization’s strategic goals and deliver maximum value. Prioritizing the right projects is crucial to achieving strategic objectives and optimizing resources. Here’s a guide to effectively prioritize projects within a portfolio: 1. Define Strategic Objectives a. Align with Organizational Goals Identify Goals: Clearly define the organization’s strategic goals and objectives. Understand how different projects contribute to these goals. Set Priorities: Align project selection with strategic priorities to ensure that the most critical initiatives receive attention and resources. b. Develop a Strategic Framework Create a Framework: Develop a framework or set of criteria for evaluating and prioritizing projects based on strategic importance, potential benefits, and alignment with organizational goals. Comm...