Enterprise Portfolio Management (EPM) is a set of interrelated techniques and/or activities, systematically applied to maximize a company's investment decisions. This involves a centralized view of all major projects within the organization, viewing them as one portfolio or a set of portfolios being led by functional departments (IT, HR, Finance, Marketing, etc.).
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A document that provides detailed information about deliverables, activity and scheduling of each component in the Work Breakdown Structure (WBS).
A method for keeping a record of open problems that, depending on their content, must be solved within the next task, before the next milestone, or before the change effort can be successfully completed.
A graphic technique used to document how activities are performed. As such, work flow diagrams show how an enterprise organizes work. These diagrams can be created at various levels of detail to meet specific project objectives. For example, work flow diagramming can assist a team to understand and scope a process for redesign at a contextual level (see Context Analysis), or can assist a reengineering team to specify detailed work steps in order to perform an analysis of cycle time (see Cycle Time Analysis).
A document that graphically depicts the project team members and their interrelationships for a specific project.
** CONSTRUCTION MANAGEMENT **
What is a Project?
A technique used to identify and examine the actions and/or outcomes that will produce satisfaction for the customer of a value stream. When used in conjunction with Customer Value Stream Interaction Analysis and Event Analysis, a complete value stream profile is developed to guide reengineering initiatives.