Portfolio management involves four key processes: develop portfolio, optimize portfolio, authorize portfolio, and provide portfolio oversight. The develop portfolio process identifies and evaluates potential portfolio components using techniques like weighted ranking and scoring. It outputs an updated portfolio, roadmap, and management plan. The optimize portfolio process performs risk analysis and prioritizes components based on factors like resources and constraints. The authorize portfolio process approves components and allocates resources. Provide portfolio oversight involves monitoring the portfolio and authorizing changes.

1. Project Portfolio
Management
24 Apr 2022

2. Introduction to Portfolio Management
• Portfolio Governance Management – 2

3. Define
•Develop pf
management
plan
•Define
portfolio
Align
•Optimize
portfolio
Authorizing &
Controlling
•Provide pf
oversight
•Authorize
portfolio

4. Develop Portfolio

5. Develop Portfolio – Major activities
• Identifying qualified portfolio components
• Categorizing portfolio components
• Evaluating portfolio components

6. Develop Portfolio - Inputs
• Pf strategic plan
• Pf charter
• Portfolio
• Pf roadmap
• Pf management plan
• Pf process assets

7. Develop Portfolio – T&T
• Weighted ranking and scoring techniques
• Pf component inventory
• Pf component categorization techniques

8. Develop Portfolio – Outputs
• Portfolio updates
• Pf roadmap updates
• Pf management plan updates`

9. Portfolio

10. Portfolio Component Inventory
• Key descriptors may include:
• Component number
• Component code
• Component description
• Type
• Strategic goals supported
• Quantitative benefits
• Qualitative benefits
• Customer
• Sponsor
• Key stakeholders
• Resources required

11. Portfolio
Technology PF
Master
Program
Transformation
Program
Regulation
Project
ERP Project
IT Operation
Management

12. Portfolio

13. Optimize Portfolio

14. Optimize Portfolio – Major Activities
• Assigning or reassigning, scoring, or weighting criteria for ranking portfolio
• components
• Performing risk analysis on portfolio components
• Evaluating and determining performance and expected value of portfolio
components
• Determining resource capability and resource capacity available
• Determining constraints for portfolio components
• Determining which portfolio components priority
• Identifying portfolio components to be suspended, reprioritized, or
terminated

15. Authorize Portfolio

16. Authorize Portfolio – Major Activities
• Authorizing portfolio component proposal development or portfolio
component execution
• Allocating resources to authorized portfolio components
• Reallocating funding and resources from deactivated and terminated
portfolio components
• Communicating changes and decisions for the authorized portfolio
components

17. Provide Portfolio Oversight