ABSTRACT
This chapter focuses on the environment influencing a bank's project portfolio management than on project portfolio management (PPM) methods, because these methods are much closer to standards than one might assume. When considering the principles of PPM we say that its purpose is to steer a couple or a big bunch of projects in order to reach the best contribution to an enterprise's strategy within the limits of time and budget. This is the same in banking industry. Contrary to other industries, the challenges have no economic reason but come from regulatory requirements, which, if not fulfilled, could prohibit parts of the business from continuing. On the market side, banks also have challenges to overcome. A very important issue in the market is the very long duration of low interest rates, which have had a tremendous impact on all banks because interest rates are one key component of their income.
