Strategic Planning & Management

Portfolio Management and Optimization involves a set of methodologies and practices that an organization uses to direct its employees, partners, suppliers, and customers to achieve a common set of goals and objectives. MITRE supports DoD and federal agency sponsors about developing an optimal collection of investments that will align with the sponsor’s mission and achieve the desired outcomes. The process involves oversight of work through performance management, the governance of data, and a strategic orientation. MITRE applies developed models such as the Portfolio Analysis Machine (PALMA) to help decision-makers select the best portfolio of investments based on cost and operational benefit.