Answer to Question #224235 in Management for abiy

Question

Suppose that your organization is considering a portfolio of projects that can bring significant strategic changes to its performance in terms of market share and profitability in the long run. So, your organization wants to select and concentrate on those business imperative projects in order to achieve its grand strategic objectives and goals during the years to come. Assuming that your specific job in the organization is a Project Manager, how do you identify and recommend the portfolio of projects that will yield the maximum value or return to your organization in the long-run?

Answer 1

The portfolio projects can be identified through the use of payback period o prioritization method to identify economically viable projects.

Secondly, net present value can also be sued to identify potentially profitable projects