ABSTRACT
This chapter focuses on the importance of communication by those responsible for the portfolio and discusses the various communication paths needed in Project Portfolio Management (PPM). Stakeholders are treated differently depending on where they fall within the portfolio. Portfolio managers need to ensure that communications are all relevant to strategy and the differences in communicating to senior executives, the portfolio team and project managers. To deliver the portfolio, a successful set of projects, programs, and operations is imperative. The portfolio team initially selects the projects considering cost, risk, benefits realization, and resources. Artificial intelligence may be a significant source of information for the portfolio. Disruptive technologies, such as artificial intelligence, can provide data from throughout the company that must be instituted in the portfolio and project software. Portfolio management continues to evolve the practice. It is up to each portfolio manager to stay current with changes, whether technology, agile, more accurately selecting projects to meet strategy, or many other developments.
