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Project Portfolio-Based Project Charter

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The PM community must continue to learn in order to maintain its leadership role. One way the community does this is by actively using the PM Knowledge Network, contributing valuable intellectual capital and making use of the intellectual capital that is already there.
b. Projects, programs and portfolios
Project managers are responsible for managing the project portfolio in a manner that supports 's strategy.
• In addition, projects are used as the way the enterprise views business opportunities. The sales coverage model is a project/program/project portfolio-based model.
c. Management systems, methods, tools, and policies
Consistency in the approach to project management within organization is essential to a repeatable world-class implementation of Enterprise PM. These …show more content…

• People approach their work with a project management mindset.
• Project management is woven into the fabric and culture of the business.
• Enterprise level, the following provide proof of success in accomplishing the four major recommendations in the project-based charter: Organization will adopt one consistent approach for project management. That approach will embody core methodologies, practices, tools, and techniques common to all organizations, but will be flexible to accommodate individual business considerations.
• Significant projects will be managed by selected, certified project managers, and the company's management systems will enable this process. Project managers will meet appropriate requirements for professional education and experience, commensurate with position requirements.
• Organization will monitor project performance and measure progress in terms of technical, financial, and schedule performance hold project managers and their sponsoring executives accountable for specific project results; and provide the system and tools necessary to analyze

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