The Portfolio Approach Developed to Underpin the Capital Investment Program Plan Review (CIPPR)
Abstract
To better prepare senior management for meetings about CIPPR in November 2014, this scientific letter has been prepared upon request [1] to clarify some of the key concepts about the new analytical approach that has been used to produce alternative project portfolios for consideration within the Capital Investment Program Plan Review (CIPPR). This approach has come to be known as the portfolio approach. This letter begins with a brief description of CIPPR and situates the portfolio approach within it. The approach is then introduced in comparison to a less sophisticated method (based on a ranked list) that has been used at Defence in the past. This letter concludes with a brief discussion about some of the advantages that this new approach provides. Other letters are currently being prepared to explain the CIPPR project value framework and the CIPPR portfolio creation model which fall under the umbrella of the portfolio approach described herein.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 06, 2014
- Accession Number
- AD1003594
Entities
People
- Chad Young
- Mark Rempel
Organizations
- Defence Research and Development Canada