projektportefølje

Projektportefølje is a Danish term that translates to "project portfolio." It refers to a collection of projects or programs that are managed and coordinated together to achieve strategic objectives. Organizations use project portfolios to align their work with their overall business goals, prioritize investments, and allocate resources effectively.

A project portfolio is not simply a list of ongoing projects; it is a strategic management tool. It involves selecting the right projects, ensuring they contribute to the organization's vision, and continuously monitoring their progress and value. The process typically includes portfolio definition, selection, prioritization, resource allocation, monitoring, and control.

The primary benefits of managing a project portfolio include improved strategic alignment, better decision-making regarding project selection and termination, optimized resource utilization, enhanced risk management, and increased return on investment. By having a clear overview of all projects, stakeholders can make informed choices about where to invest time, money, and personnel.

Key elements of a project portfolio management system often include a clear governance structure, defined processes for project initiation and approval, a standardized method for project evaluation, and tools for tracking and reporting on portfolio performance. This systematic approach helps ensure that the organization is working on the most important initiatives that will drive success.