Historical
PMI FS-POM-2006
The Standard for Portfolio Management
Portfolio management is the link between business aspirations and reality. Defining a corporate mission and vision is the easy part. Achieving that mission and vision takes skill, knowledge, and the ability to use limited resources for maximum gain. The Standard for Portfolio Management will give portfolio managers the skills, knowledge, and ability to reach those objectives and find success.
Within an organization, a portfolio represents a collection of active programs, projects and other work undertaken at a specific point in time to help the organization reach strategic objectives. In essence, a portfolio reflects the priorities, investments and resource allocations. Portfolio management, therefore, is the centralized management of one or more portfolios in order to achieve specific strategic business objectives.
Where program and project managers must focus on "doing work right," portfolio managers must focus on "doing the right work." For the first time, The Standard for Portfolio Management delivers a documented set of processes generally recognized as good practices that will enable them to help their organization meet its objectives, making this new PMI Global Standard an invaluable resource for any portfolio or project manager.
Content Provider
Project Management Institute [pmi]
