23-09-2014, 04:29 PM
Abstracts: ABSTRACT Business process portfolio management is an emerging field of research and practice, opening the door to new and ever more exciting process-oriented modes of management, tracking, planning, and knowledge management. Project focuses on the strategic alignment of strategic, social, and technical factors as enablers of business process portfolio development and management, and highlights the linkages associated with the alignment and integration of these factors. The project also pose a combination of key questions and decision criteria that may be taken into account when planning and structuring business process portfolio initiatives. Like many areas of business, portfolio management is both an art and a science. It is much more than the selection of securities from a catalog by a financial consultant or the application of a formula to a set of financial data input supplied by a security analyst. It is a dynamic decision-making process, one that is continuous any systematic but also one that requires large amounts of astute managerial skill. The general reason to develop this software is to solve these conditions and overcome the tedious procedure and saving the time as well as money judgment about the securities markets and the individual for whom portfolio is managed. Portfolio Management System implementation requires creating corporate methodologies, databases, norms and standards. Implementation of PMS was started with identification and documenting of product life cycles and process flows, relationships between involved departments, instructions on planning, scheduling and monitoring project execution. In order to integrate scope, time, cost and risk management.