Joined: 29/04/2008 10:55:28
Location: Iselin, New Jersey, USA
Surprisingly enough, one of the most common questions heard when an organization first starts out to implement some Project Management improvements is “What is a project?” and “What is a portfolio?”. At first these might seem like a very simple question, but when one delves into what is really being asked the question becomes a lot more interesting. Frequently the person asking the question is really asking “What qualifies as a project vs. what qualifies as an ‘Activity’ or ‘Task’?” and “Will I have more than one project portfolio?”.
The answer to these questions can vary from organization to organization. The simplest answer is “it depends”. To help wrap your mind around these topics we will provide some background and examples that you can use as a starting point.