Portfolio Management Process Cycle
Portfolio management is a continuous business process with certain activities invoked during a given year when deemed appropriate by the organization. Selection and authorization of components, for example, can be part of annual planning, or strategic refreshing, with quarterly or semi-annual updates. Performance monitoring of the portfolio is usually continuous. Revising the portfolio mix may be required when disruptions to the organization occur. Once established, the portfolio management...
Each bubble is a project 1
Bubble size often represents an additional variable such as cost or net present value Bubble color might refer to a specific qualitative criteria required to measure balance. 0.3 04 0.5 o.e Indicator X or Criteria 0.3 04 0.5 o.e Indicator X or Criteria Figure 11. Portfolio Balancing Using Indicators or Criteria Figure 12. Portfolio Balancing Using Strategic Categories and Targeted Business Units Expert judgment is often used to assess the inputs needed to determine how to balance the...
Portfolio Management Process and Organization
Portfolio management is a process that helps and engages executive management in meeting organizational needs and expectations. Portfolio management enhances transparent and efficient decision-making concerning projects, either directly or under programs. Portfolio management is carried out in an environment broader than the portfolio itself, through its roles and processes that relate across the organization. This chapter describes the key components of the portfolio management context in the...
Portfolio Management Process Overview Links with Strategy
Portfolio management includes processes to collect, identify, categorize, evaluate, select, prioritize, balance, authorize, and review components within the portfolio to evaluate how well they are performing in relation to the key indicators and the strategic plan. During a typical business cycle, components will be reviewed and validated in relation to the following Alignment of the components with corporate strategy Viability of the components as part of the portfolio, based on key indicators...
Key deliverables
Market risk level estimates Market definition and impact. .4 Inventory of All Existing Components The inventory of all ongoing components is a list of components that have been authorized previously and are being executed through the project or program management process, or that have been put on a waiting list at the end of the previous portfolio cycle. .5 Inventory of All New Component Proposals The inventory of all new component proposals is a list of components that have been proposed...
What Is a Portfolio
Defined, a portfolio is a collection of projects temporary endeavors undertaken to create a unique product, service, or result and or programs a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually and other work that are grouped together to facilitate the effective management of that work to meet strategic business objectives. The components of a portfolio are quantifiable that is, they can be measured, ranked, and...