Describe how portfolio management can improve PMO business value. Has globalization influenced this PMO trend? Explain why or why not. Additionally, please respond you will be required to answers at least two discussion board commentaries with substantiv

Transcending the traditional PMO focus (which attempted to enhance enterprise value by controlling and elevating PM standards and methods), trends in PMOs increased strategic integration, enhancing business performance. Garibaldi (2015) reported that “effective portfolio management supports movement toward strategic goals within a competitive and rapidly changing market” (p. 5).

Describe how portfolio management can improve PMO business value. Has globalization influenced this PMO trend? Explain why or why not.

Additionally, please respond you will be required to answers at least two discussion board commentaries with substantive contributions that advance the discussion dialog by offering examples, extending the explanation, and/or asking thoughtful questions as well as support your arguments and conclusions with scholarly references.

References

Garibaldi, C. (2015, November). Delivering on strategy: The power of project portfolio management [PMI® Thought Leadership Series]. Project Management Institute, Inc. Available from http://www.pmi.org/~/media/PDF/Publications/deliver-strategy-portfolio-management.ashx

Cullen, K., & Parker, D. W. (2015). Improving performance in project-based management: Synthesizing strategic theories. International Journal of Productivity and Performance Management, 64(5), 608-624. doi: 10.1108/IJPPM-02-2014-0031

de Souza, P. B., Carneiro, J., & Bandeira-de-Mello, R. (2015). Inquiry into the conceptual dimensions of project portfolio management. Brazilian Business Review (English Edition), 118-148.

Garibaldi, C. (2015, November). Delivering on strategy: The power of project portfolio management [PMI® Thought Leadership Series]. Project Management Institute, Inc. Available from http://www.pmi.org/~/media/PDF/Publications/deliver-strategy-portfolio-management.ashx

Project Management Institute. (2015, November). Implementing the project portfolio: A vital C-suite focus. PMI® Thought Leadership Series. Available from http://www.pmi.org/~/media/PDF/Publications/implement-project-portfolio-c-suite.ashx

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