Project portfolio management
Learning solution summary:
You are appointed as an R&D manager of an industrial turbine company with the task of managing R&D project portfolio. You have several ongoing R&D projects of which each either improves the technology of an existing sales product or develops a completely new product. Your aim is to optimize sales product portfolio value.
Learning outcomes:
- Assess a portfolio and its projects critically and create a plan for portfolio management
- Allocate resources efficiently (optimize) to maximize portfolio value
- Comprehend the complexity and dynamism of decision-making in managing project portfolios
- Recognize the need for changes in project priorities and resource allocation
Game duration: 60 min
Key tasks and skills: R&D Management, Project prioritization and resource allocation, Product portfolio value
optimization