At executive VP level, you are likely to be providing a summary of performance, progress and a measurement of estimates against actuals and costs. Relevant information should be rolled up and presented at each level within the organisation as appropriate. The detail of each project should be kept at the project team level and managed by the individual project managers. It is important to avoid information overload. Working at portfolio level is about working with the summary or key data. Will the successful delivery of all projects produce the desired objective or benefit?.What projects in the portfolio are dependent on others?.Will any project have an adverse impact on other projects to come?.Does each project contribute to the overall achievement of the portfolio?.While at an individual project level, it is important to know how each project is performing, the impact of each project on the portfolio is just as important. Directing 'all the projects' successfully will ensure we are doing the right projects. Project management authority Bob Buttrick summarised it when he said, Directing the individual project correctly will ensure it is done right. ![]() The portfolio should be designed to achieve a defined business objective or benefit. ![]() ![]() Each portfolio of projects needs to be assessed on its business value and adherence to business strategy. ![]() Project Portfolio Management is about more than running multiple projects.
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