Project Goals , Of the three goals

1. Project Goals. Of the three goals of a project (time, cost, and specifications), which one is the most important? Could the answer be different in different circumstances? What would your answer be in the specific context of your Team Project?

2. Project Portfolio Management. Compare and contrast project management and project portfolio management. Discuss the issues involved in selecting and managing a portfolio of projects for an organization. What recommendations would you make to senior management to avoid these issues if your organization wanted to implement a new PPM system or improve upon the current one?