Governance
Portfolio Management for Non-Profits
Submitted by david on Fri, 2006-11-10 19:24. GovernanceWhile increasingly crunched for cash, non-profits are finding it more difficult to demonstrate the value of the services they offer. Leaders know things are going on at the bottom, they have a strategy that they communicate to their donors, but they don't know how to bring the two together. For organizations facing the challenge of scattered programming, financial constraints, and stakeholders demanding accountability, portfolio management provides the solution.
Program portfolio management gives decision makers at the top of an organization a window into everything happening beneath them. It lets them optimize how they allocate funds, track the success of projects, and bring programs in line with the organization's strategic mission. Development associates can then communicate quantitative results to donors, and program managers can identify best practices and lessons learned to implement in the future.
