The document summarizes the BBC's efforts to deliver major change through a portfolio management approach. It establishes that the BBC reaches most of the UK population weekly, and consumers spend around 20 hours weekly with BBC content. To manage large projects and initiatives, the BBC has implemented a portfolio management framework with four main aims: 1) maintaining a pan-BBC project portfolio for improved oversight and decision making, 2) providing delivery support and assurance through the project lifecycle, 3) establishing common principles and processes through "The BBC Way", and 4) developing employee capabilities through training to strengthen the organization. This approach aims to improve delivery confidence, outcomes, and establish the BBC as a career destination.