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Gareth Lewis examines whether PSA and project management packages dovetail or conflict with each other.
Complementary or contradictory? - Part 2 | Part 1
The more sophisticated PPM applications allow users to review
individual projects against multiple criteria. And although
the review tools are usually demonstrated in a way that suggests
the aim of the portfolio manager will be to eliminate those
projects that offer little reward, or are high-risk or both,
in practice the manager is likely to use them to restructure
resource allocation.
For example, new and untried resources may initially be allocated
to necessary but low-return projects to prove themselves before
they are utilised on more critical projects. Again, ‘wild
card’ resources may be moved from critical maintenance projects
to high-risk, high-return projects where the challenges match
their skills.
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Consultants' Advisory 2004
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