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AS ISO 21504:2024
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Project, programme and portfolio management – Guidance on portfolio management
AS ISO 21504:2024 identically adopts ISO 21504:2022, which gives guidance on the principles of project and programme portfolio management
Table of contents
Header
About this publication
Preface
Foreword
Introduction
1 Scope
2 Normative references
3 Terms and definitions
4 Principles of portfolio management
4.1 Context and need for portfolio management
4.2 Overview of portfolio management
4.2.1 Portfolio management
4.2.2 Portfolio structure
4.2.3 Capabilities and constraints
4.2.4 Opportunities and threats
4.3 Roles and responsibilities
4.3.1 General principles
4.3.2 Defining decision rights for portfolio content
4.4 Stakeholder engagement and management
5 Prerequisites for portfolio management
5.1 Overview
5.2 Justification for portfolio management
5.3 Portfolio management framework
5.4 Types of portfolio components
5.5 Criteria for selecting and prioritizing portfolio components
5.6 Alignment with organizational processes and systems
5.7 Visibility of the portfolio
5.8 Portfolio performance reporting structure
5.9 Improving portfolio management
5.10 Governance of portfolios
6 Managing portfolios
6.1 Overview
6.2 Defining the portfolio objectives
6.3 Identifying potential portfolio components
6.4 Defining the portfolio plan
6.5 Assessing and selecting portfolio components
6.5.1 Overview
6.5.2 Assessing current state
6.5.3 Selecting portfolio components
6.6 Validating portfolio alignment to strategic objectives
6.6.1 Overview
6.6.2 Alignment with the strategic objectives of the organization
6.6.3 Maintaining alignment with risk tolerance and resource capacity and capability
6.6.4 Documenting and evaluating results of alignment actions
6.7 Evaluating and reporting the performance of the portfolio
6.7.1 Overview
6.7.2 Establishing the performance measurement baseline of the portfolio
6.7.3 Managing portfolio performance
6.7.4 Reporting the performance of the portfolio
6.7.5 Managing the integration of benefits
6.8 Balancing and optimizing the portfolio
6.8.1 Overview
6.8.2 Optimizing portfolio components
6.8.3 Maintaining the portfolio
6.8.4 Optimizing resources
6.8.5 Managing portfolio risks
6.8.6 Controlling changes to the portfolio
Bibliography
Cited references in this standard
Please select a variation to view its description.
| Published | 23/02/2024 |
|---|---|
| Pages | 15 |
Please select a variation to view its pdf.
