The strategic goals of the firm influence the structures and the business
objectives of the portfolio, which in turn influence the portfolio constraints
and the metrics necessary to follow up on those constraints and business objectives.
The constraints can be grouped according to different dimensions, such as
resource consumption targets (for example: "At least 50% of the budget
should be spent on Research & Development projects with the goal of generating
new products; 25% of the budget should be spent on creating new versions
or improvements to existing products; and the remaining 25% should
be spent on existing product maintenance"). Other constraints could relate
more to human resources. For example: "Only 25% of the development staff
can be assigned to field services work or other support-related activities."
The product portfolio manager documents the portfolio constraints and
related metrics into a document that is distributed to the necessary stakeholders,
so that there is common understanding and consistent use of the information
across the organization. |