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Does portfolio management in projects apply to product and service selection and design? If so, how?...

Does portfolio management in projects apply to product and service selection and design? If so, how? If not, why

Business   Operations-Management   
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Answer #1

Yes, Portfolio management in projects do apply to Product and Service selection and design because in large IT Projects, the Project Team itself consists of the Functional managers that hail from Financial services and Operations’ side and Product Portfolio managers because such people have long-term relationship with the responsibilities revolving around the Project leadership and includes the arena of students services, etc. Further, Portfolio management in Projects help in determining the modification of system as per the Product development, thereby somewhere being concerned with the selection and designing part of the Product and services itself.

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