IBM Case Study

Compare and contrast the project portfolio management approaches that IBM and Deloitte Consulting used to rank and select the projects for their respective portfolios.

IBM uses the Q-sort approach to manage their project portfolio. This approach enables them to analyze opinions raised by groups based on rankings given by each group member. The company embraced this strategy as a way of measuring the relationship between opinions of different employees. This approach seeks to find out correlations between the views expressed by individuals. The company uses this approach to prioritize their projects. This process involves rounds, which consist of people making assessments through group discussions. Each group member writes down a short description of a project on a card. The card is duplicated and distributed to group members. They hold discussions and improver their understanding of the project (Denney, 2005).

On the other hand, Deloitte uses the real...
[ View Full Essay]