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Value Creating Project Portfolio

In KFC the above mentioned kind of information is stored in each computer that they use to maintain is SAP-sale module .They given codes to their 45 products just by entering the code the product name comes out with cost on the screen.

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34 views3 pages

Value Creating Project Portfolio

In KFC the above mentioned kind of information is stored in each computer that they use to maintain is SAP-sale module .They given codes to their 45 products just by entering the code the product name comes out with cost on the screen.

Uploaded by

Praveenkrishna Nair
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PPM, or project portfolio management, is the continuous scheduling, prioritisation, general

management, and supervision of all initiatives in an organisation or inner component of an


organisation. A portfolio's initiatives may conflict with one another. Portfolio management's
purpose is to choose and implement the best initiatives to bring out the corporation 's plan.
Project managers are in charge of reducing risks and allocating resources amongst projects.
(JOHN MAY)

To be effective with PPM, you must choose and launch initiatives that are appropriate for
your company's skills and goals. You must need a structured strategy and decision-making
process in place to do this.

Developing a Project Catalogue is a fantastic place to begin with any ongoing projects. The
aim of the exercise, project deadlines, resources allotted to the project role - based and other
factors, the risk level, return of investment of the project, and who gains by the project are
some instances of facts you would want to document. (Grace Windsor)

There are generally 3 types of portfolios:

1. Value Creating Project Portfolio:


Project that requires strategic scheduling and planning can use Value Creating Project
Portfolio type. For example, a Construction firm that requires to complete the task at a
given point of time strategically must implement a Value Creating Project Portfolio
for better efficiency.
2. Operational Project Portfolio:
Project that emphasis on organisation’s structure to carry out the task and activities
are most likely to use Operational Project Portfolio type.

3. Regulatory Compliances Project Portfolio:


Project that strictly adhere to regulations and legalities are most likely to use
Regulatory Compliances Project Portfolio. They have very high responsibilities to
follow law and regulation so that the project can be beneficial in it’s functioning.
(Project Management Tutorial)

Apple Project Portfolio Management

Apple is widely regarded as among the best inventive technological firms to develop in the
previous 3 decades. Apple, Inc. is credited for introducing technologies to consumers like the
Mac desktop system and portable laptop, ipods and iTunes, and, most notably, the
smartphone. The company’s growth may be attributed to the inventiveness of its founder,
Steven Jobs.

The goal is to reduce risk, maximise income, distribute money, and avoid making the whole
firm vulnerable to highs and slumps in total income in 1 product category. (Apple Inc.
Company 's Unique Product Portfolio Profile)

Apple's massive established network of trusted consumers is extremely valuable, generating a


significant amount of brand spending. This trust is strengthened with every pleasant
engagement that customers enjoy with the company, for each requirement met across its
various products and services, the consequence of a virtuous loop.

These strong customer ties produce remarkable commitment and excellent conversion rates
along the Buying Cycle, making the company more appealing to customers and making them
less inclined to investigate competitor options.
Bibliography
Apple Inc. Company 's Unique Product Portfolio Profile. n.d.
<https://www.bartleby.com/essay/Apple-Inc-Company-s-Unique-Product-Portfolio-
P3GMVN9JF995>.
Grace Windsor. What is Project Portfolio Management? 1 Oct 2019.
<https://www.brightwork.com/blog/what-is-project-portfolio-management>.
JOHN MAY. Atlassian. n.d. <https://www.atlassian.com/agile/agile-at-scale/lean-portfolio-
management>.
Project Management Tutorial. n.d. <https://www.knowledgehut.com/tutorials/project-
management/project-portfolio-management>.

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