Introduction to Program Management. James J. Jiang University of Central Florida, U.S. Organizational Maturity in Project-based Organizations. Definition: “the extent to which an organization practices organizational project management (OPM)” Extent implies “levels”
James J. Jiang
University of Central Florida, U.S.
via increments to functionality or occasionally an overhaul of the system or facility itself.
1. Project selection
2. Maximizing value of project portfolio
3. Balancing/prioritizing project portfolio for resource allocation
4. Best practices for managing project portfolios
Function of (NPV, Strategic importance, probability of technical/commercial success, development costs, commercialization costs)
Rank projects according to importance, NPV, internal rate of return and cal mean
scale 1-5 on reward, strategy fit, strategic leverage, prob of commercial success, technical success