Federal portfolio management

Federal portfolio management is the process of developing, maintaining, and tracking a portfolio of investments in federal government programs, projects, and initiatives. The goal of federal portfolio management is to optimize the performance of the portfolio by aligning investments with strategic goals, maximizing return on investment, and minimizing risk. The portfolio management process begins with … Read more

Theory of Constraints (TOC)

Theory of constraints (TOC) is an approach to business process improvement that focuses on identifying and removing the constraints that prevent an organization from achieving its desired goal. The TOC approach was first developed by Eliyahu Goldratt in his 1984 book The Goal, which has sold over 4 million copies and has been translated into … Read more

Categories ERP

The Phoenix Project

The Phoenix Project is a novel by Gene Kim, Kevin Behr, and George Spafford. The book is a semi-fictional account of a real-world IT project at a large auto parts manufacturer. The project is plagued by problems and is in danger of being cancelled. The novel follows the characters as they attempt to turn the … Read more