Portfolio Management Framework
Portfolio management is the art and science of selecting and overseeing a group of investments that meet the long-term financial objectives and risk tolerance of a client, a company, or an institution.
Portfolio Management offers a framework for realizing strategic objectives through successful projects and operational excellence.
In a portfolio, strategic alignment is practiced to identify which investments to select, support, or otherwise exclude.
The process for proper capacity and capability building, based on economic supply and demand, gives a guideline on proper resource allocation and optimization.
Integrated lifecycle and the utilization of stage gates provide a governance platform for capital infrastructure and mega project management. Proper sponsorship and executive engagement are practiced within this discipline to enhance project, program and operations success. This is very much integrated with Managing Benefits.
Portfolio Management engagements are rarely implemented on their own, and they are always requested either as a component of vision, strategic or transformation management office. Furthermore, they are integrated with other components and systems.