The Standard for Portfolio Management
ISBN: 1930699905
Category: Business
Tag: Business & Investing
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The Standard for Portfolio Management
Project Management Institute | 2006 | ISBN: 1930699905 | Pages: 79 | PDF | 5.10 MB
Project Management Institute | 2006 | ISBN: 1930699905 | Pages: 79 | PDF | 5.10 MB
| “ | The Standard for Portfolio Management addresses the need for a documented set of processes that represent generally recognized good practices in the discipline of portfolio management. The target audience for this standard includes: senior executives, management staff in charge of organizational strategy, portfolio managers, members of a strategic and/or portfolio management office, managers of program managers and project managers, customers and other stakeholders, functional managers and process owners with resources in a portfolio, educators, consultants, trainers and researchers. It will also be of use to program managers, project managers and other project team members, and members of a project or program management offices. The standard is a companion for A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Third Edition and builds on work postulated in the Organizational Project Management Maturity Model (OPM3), and provides a foundational reference for anyone interested in portfolio management of projects and programs. While project and program management have traditionally focused on ‘‘doing work right,’’ portfolio management is concerned with ‘‘doing the right work.’’ Topics in this standard include: ● Streamlining operations through portfolio management; ● How portfolio management can improve the implementation and maintenance of corporate governance initiatives; ● Portfolio management’s role within organizational structure and its relationship to the organization’s strategy; ● Designing and implementing metrics to demonstrate and improve return on investment; and ● Portfolio management reporting and how it can help make the most of an organization’s programs and projects. | ” |
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