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Portfolio Management is the coordinated, strategic execution of an organization's projects, programs, and other related work to achieve specific business objectives. It enables effective oversight, optimal resource allocation, and risk mitigation, ensuring alignment with corporate strategy and effective project outcomes.
Level 1: Emerging
At an emerging level, you are beginning to understand portfolio management within project management. You're learning to execute, coordinate, and balance multiple projects, while gaining strategic knowledge.
Level 2: Proficient
At a proficient level you are able to effectively manage project portfolios, balancing resources, risks, and priorities to achieve organizational goals while ensuring alignment with overall strategy and stakeholder expectations.
Level 3: Advanced
At an advanced level, you are proficient in managing multiple projects within a portfolio, maximizing benefits, aligning with organizational strategy, and effectively balancing resources and risks.
Where is this capability used?
Project Management