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Stages of the Project Portfolio Management Process

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Describe the four stages of the project portfolio management process. Provide at least 3 specific activities which occur in each step.

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Solution Summary

There are four stages in the project portfolio management process. This solution outline these stages. Additionally, it includes one reference source for further research on the topic.

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Stages of Project Portfolio Management
Managing a business portfolio ultimately involves the whole organization if the true value of the portfolio management effort itself is to be realized in the form of valuable benefits (Wideman, 2007).

Stage One: Preparing
In this stage, executive management and the portfolio management staff will setup & categorize ...

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