Ready for Volatility

  Portfolio Management   PM Network  

Portfolio management has always been a good way for organizations to align individual projects with broader business goals. But during times of market volatility and disruption—the new normal for most sectors these days—it can provide the essential competitive advantage.

A Profession in Flux

We asked practitioners: What's the biggest change you're seeing in portfolio management?

"The portfolio management practice is maturing and becoming more widely accepted. With that growth comes discipline; it becomes a science instead of an art. But just as one size doesn't fit all in project management, the same is true for portfolio management. Different sizes and types of companies will have different needs when it comes to managing priorities. Portfolio managers need to strike the right balance so as not to stifle the creative, entrepreneurial spirit alive in many companies.”

—Denise Rogers, PMP, director, portfolio and project management, Cox Media Group, Atlanta, Georgia, USA

 "The biggest change I'm seeing in portfolio management is the ability of the portfolio to be agile in response to a volatile, uncertain and constantly changing and evolving business environment. This requires organizational intelligence, because an understanding of portfolio strengths and weaknesses is key to responding to the changing …

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