Project portfolio management has been around for quite a number of years. However, how many companies have adopted the project portfolio management process and tool? How many companies have recruited Portfolio Managers to manage the portfolios of projects?
Portfolio management is a good link between project management and strategies in the organization. However, the key executives don't seem to appreciate the values of portfolio management yet. Same applied to project practititioners as there is no certification on project portfolio management yet. (ie. certified project portfolio professional) What could be the key factors of slow adoption?
Lastly, should project portfolio management be a project function or management/executive function in the organization?