How does the project portfolio management approach lead to enhanced strategic management for an organization?
Each question should be 250 words and cite sources
1. How does the project portfolio management approach lead to enhanced strategic management for an organization? Example in the context of specific projects.
2. Sequencing activities properly is a critical component of project management, whether on a small scale (chop the walnuts before mixing the batter and finally baking) or a large scale (identifying a new market and then developing and finally distributing a new product to that market). Who typically builds a project schedule? What criteria must be considered when identifying and sequencing tasks in order to sequence tasks effectively? Use an example (such as the steps involved in releasing a video game upgrade or outsourcing a call center) to illustrate your explanation.