1. Creating a portfolio is a strategic decision

Most organizations today manage some of their activities in the form of projects. The proportion of activities carried out in project mode tends to grow, and therefore to consume more and more resources. As the organization's resources are not infinite, the governing body is quickly confronted with choices about how to allocate resources to the various projects underway... but also those to come.

The question of selection criteria therefore quickly becomes a sensitive one within the organization. The more the project mode is integrated into the organization, the more this question becomes a key issue for all its functions. This is a real problem for general management, because decisions to allocate resources to projects raise questions about the contribution of each project to the organization's strategy. The decision to create one or more portfolios therefore affects...