Play Now: For your smart phone: Project Management Professional (PMP)® Training: Jamal Moustafaev, MBA, PMP Project Portfolio Management and the realization that strategic alignment of all projects within an organization is crucial are both gaining ground. And this realization also emphasizes the need for having solid project selection methods. But how exactly do you do all of this? The number of books that focus on practical advice for implementing a strategic project portfolio management process is quite small. Lucky for us that a new one with exactly that focus has just been published The new book is titled Project Portfolio Management in Theory and Practice: Thirty Case Studies from around the World (Best Practices and Advances in Program Management) written by Jamal Moustafaev (https://ca.linkedin.com/in/jmoustafaev. In our discussion, we answer these questions: What is project portfolio management? What are the three pillars of strategic PPM? What are some project selection models that support a company's strategy? How do we achieve strategic alignment? Episode Transcript Below are the first few pages of the transcript. The complete transcript is available to Premium subscribers only. Podcast Introduction Cornelius Fichtner:  Hello and welcome to Episode #387. This is the Project Management Podcast™ at www.pm-podcast.com and I’m Cornelius Fichtner. Project Portfolio Management and the realization that strategic alignment of all projects within an organization is crucial are both gaining ground and this realization also emphasizes the need for having solid project selection methods. But how exactly do you do all of this? The number of books that focus on practical advice for implementing a project portfolio management process is quite small. Lucky for us that a new book with exactly that focus has just been published. If you are a project manager who wants to become PMP or PMI ACP certified, then the easiest way to do so is with our sister Podcast, the Project Management PrepCast or the Agile PrepCast and study for the exam by watching the in-depth exam prep video training from www.pm-prepcast.com . The new book is titled, “Project Portfolio Management in Theory and Practice: 30 Case Studies from Around the World” written by Jamal Moustafaev. In our discussion, we answered questions like: What is Project Portfolio Management? What are the three pillars of portfolio management? What are some project selection models and how do we achieve strategic alignment? And of course we have two copies of Jamal’s book to give away. One copy is reserved for our Premium subscribers and the other one is up for grabs. If you want to participate in this give-away, then please go to www.facebook.com/pmpodcast and look for the book give away announcement. And now, add this to the portfolio of your skills and enjoy the interview.   Female Voice: Project Management Podcast feature interview. Today with Jamal Moustafaev, President and CEO of Think Tank Consulting, a consulting company specializing in product and portfolio management services. Podcast Interview Cornelius Fichtner:   Hello, Jamal. Welcome back to the podcast. Jamal Moustafaev:   Hi, Cornelius. Always great to be on your program.     Cornelius:   Hey, in 2010, you wrote the book, “Delivering Exceptional Project Results: A Practical Guide to Project Selection Scoping Estimation and Management”. Then in 2014 came “Project Scope Management: A Practical Guide to Requirements Engineering Product Construction, IT and Enterprise Project, Best Practices and Advances in Program Management” and then last year, you published your third book titled, “Project Portfolio Management in Theory and Practice: 30 Case Studies from Around the World, Best Practices and Advances in Program Management”. What prompted you to write this new book? Jamal:   Well, if you