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Introduction to Portfolio Management

Michael F. Hanford, Domain Lead, PPM Methods, Chief Methodologist, SUMMIT Ascendant Methodologies
Michael F. Hanford photo
Michael F. Hanford is the chief methodologist for the IBM SUMMIT Ascendant methodologies and a member of the IBM Rational commercial methods content team. He has also worked as a methodology author, a manager for large consulting engagements, and a leader of enterprise process assessment and transformation efforts for IBM Rational and PriceWaterhouseCoopers Consulting (PWCC). Prior to joining PWCC, he was director of software engineering practices for Fidelity Investments Systems Company.

Summary:  Michael F. Hanford provides an insight into portfolio management fundamental challenges and composition, which form a foundation for effective application of portfolio management in large enterprises.

Date:  10 Nov 2005 (Published 11 Oct 2005)
Level:  Introductory
Activity:  593 views

Introduction

  • The Enterprise Business Strategy and Its Mechanisms
  • Initiative Challenges
  • IBM Rational Portfolio Management (for Initiatives)

IBM is a significant player in the Project and Portfolio Management marketplace, providing tools in the form of the IBM® Rational® Portfolio Manager; and, a variety of implementation and enablement services. IBM is able to draw upon substantial experience in the application of portfolio management practices to enhance its own internal strategies and initiatives. A distinct IBM "viewpoint" is evolving around the portfolio management workspace, the major process components in that workspace, and the formulation of a collection of essential principles that are a foundation for success.

This material provides a brief overview of portfolio management to those not familiar with the subject, or its essential components. This overview may seem simplistic at times; however, the key concepts, terminology, and connections among these elements are all critical.



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About the author

Michael F. Hanford photo

Michael F. Hanford is the chief methodologist for the IBM SUMMIT Ascendant methodologies and a member of the IBM Rational commercial methods content team. He has also worked as a methodology author, a manager for large consulting engagements, and a leader of enterprise process assessment and transformation efforts for IBM Rational and PriceWaterhouseCoopers Consulting (PWCC). Prior to joining PWCC, he was director of software engineering practices for Fidelity Investments Systems Company.

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ArticleTitle=Introduction to Portfolio Management
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