Product & Portfolio Management is the set of processes by which your company’s portfolio of products and services is
managed creating value for the company.
It is the aspect of the business where the significant project activity typically takes place. Fundamental to the management of the process is to ensure it delivers against your strategic growth initiatives whilst maximising the value of the product portfolio and balancing the resources required to deliver projects.
Defining the portfolio
Predicting how it will change over time
Identifying, developing and introducing new products
Managing product lifecycles
Identifying product roadmaps
Managing product development and product change projects
Managing associated resources
Rationalising the portfolio - deletions, changes and cost reductions