THE STANDARD FOR PORTFOLIO MANAGEMENT PB

Portfolio management is an integral part of the organisations overall strategic plan. While project and program management continues to focus on doing the work right, portfolio management maintains a concern with doing the right work. The Standard for Portfolio Management - Third Edition, offers the most up to date information regarding accepted practices in portfolio management and includes new material: (1) Three Knowledge Areas were added to address Portfolio Strategic Management, Portfolio Performance Management, and Portfolio Communication Management; (2) The Defining Process Group was added to address defining processes; (3) The Authorising and Controlling Process Group replaced the Monitoring and Controlling Process Group. This standard provides a foundational reference for anyone interested in managing a portfolio of projects and programs.