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Important Definitions

"Project Portfolio"

Any kind of grouping of projects to enable the joint management of schedules and resources. Portfolios are tied to the organization's strategic objectives. 

What does that mean for 21st century projects? 

 

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New Ideas

Changing Nature of Project Management

Project and program management in the 21st century already has substantially different characteristics to the 20th century. Rapid technology advances are changing the playing field.

Traditional project management applications are insufficient to deal with the tasks at hand. While 4th generation, back-end integrated, applications are not even yet widely implemented, the first 5th Generation collaborative system solutions start taking shape.

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