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To make any money at all, the cost would need to be $200 a ticket for the evening – one reason why so little money is raised for such dinners when professionals run them. If one can run the dinner with all volunteers the return to the client and ticket price drop dramatically. These are all considerations when making a budget. In some cases, clients don’t want to make money on a dinner but to use the dinner as a way to reach influentials and to have the dinner pay for itself. In the. | Project Portfolio Earned Value Management Using Treemaps John H. Cable Javier F. Ordonez1 Gouthami Chintalapani2 and Catherine Plaisant2 1Project Management Program 2Human-Computer Interaction Laboratory University of Maryland College Park Maryland 1 Introduction Project portfolio management deals with organizing and managing a set of projects in an organization. Each organization has its own way of managing the portfolio that meets its business goals. One of the main challenges is to track project performance across the entire portfolio in a timely and effective manner. It allows managers to diagnose performance trends and identify projects in need of attention giving them the opportunity to take management action in a timely fashion. In this paper we investigate the use of Earned Value Management EVM for tracking project performance across the portfolio and explore the benefits of an interactive visualization technique called Treemaps to display project performance metrics for the entire portfolio on a single screen. 1.1 Project Portfolio Management PPM Project portfolio management PPM is the art and science of applying a set of knowledge skills tools and techniques to a collection of projects in order to meet or exceed needs and expectations of an organization s investment strategy Pennypacker et al. 2002 . Project portfolio management can be thought of as having three main objectives 1 portfolio value maximization 2 balance within the portfolio and 3 strategic alignment. Value maximization deals with the resource allocation to maximize the value of the portfolio in terms of company objectives such as profitability. At the same time there should be a balance of projects in terms of parameters such as risk versus reward or breakdown by project type. It is equally important that the final portfolio of projects truly aligns with the business strategy and that all projects are on strategy Cooper et al. 1998 . We stipulate that a portfolio of projects in any given .
