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Cost-down Activity: Portfolio or Project Management?

Every organization must focus on cost-down activities: reducing inefficiencies and streamlining cost reduction. Roger Chou asks: how does portfolio and project management fit into the process, and how can we better understand the value of thinking about portfolio management and project management as a cost-down activity? Chou uses the example of Foxconn's bid to be the manufacturer for Apple's iPad: Foxconn was able to integrate a cost-down activity (and thereby beating competitors as the lowest cost solution for Apple) in their entire organization — an “absolute part of portfolio management.”

About Anne Grybowski

Anne is a former staff writer for CAI's Accelerating IT Success, with a degree in Media Studies from Penn State University.

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