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The Standard for Portfolio Management — Fourth Edition by Project Management Institute

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6

PORTFOLIO STAKEHOLDER ENGAGEMENT

Organizational strategy defines the path of an organization toward achieving its vision. Portfolio management is the means by which an organization implements a defined strategy by directing the limited resources of the organization to the portfolio components that most support the strategy realization. The implementation of an organizational strategy is also important for other organizations or individuals dealing with the organization.

Portfolio stakeholders are the individuals, organizations, or groups that can affect, may be affected by, or perceive themselves to be affected by a decision, activity, or outcome of a portfolio. In addition, individuals, organizations, or groups that could affect the organization's ...

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