Project Portfolio Management

The Forum, in conjunction with the New York State Project Management Community of Practice, was pleased to sponsor a FREE seminar on Project Portfolio Management, December 19, 2003, from 9:00am to 12:00 noon at the Museum Theater, Cultural Education Center, at the Empire State Plaza.

Project portfolio management is a process which groups projects so they can be managed as a portfolio, much as an investor would manage his stocks, bonds and mutual funds. In the 1950s, University of Chicago economist Harry Markowitz wrote that a portfolio of diverse investments is more likely than individual investments to reduce risks and produce a higher rate of return. No surprise then that many organizations are looking to adopt this process in order to effectively execute to priorities while maximizing resource investments. According to the Project Management Body of Knowledge (PMBOK®), "Project Portfolio management refers to the selection and support of projects or program investments. These investments in projects and programs are guided by the organization's strategic plan and available resources."

Presentations were made by the following persons:

  • William Rosser, Gartner Corporation (Play Video)
    For further information about William Rosser's presentation, please contact:
    Mike LaFrancis
    Gartner (External Link)
    Account Executive, NYS Government
    (860) 683-1086
    [email protected]
  • Robert Weisman, CGI (Play Video)
    For further information about Robert Weisman's presentation, please contact:
    Robert Weisman MSc PEng CD1
    CGI (External Link)
    Partner and Executive Consultant
    Enterprise Architecture/C4ISR Focus Area Leader
    [email protected]