ANNEX A1

THE STANDARD FOR PORTFOLIO MANAGEMENT

A1.1 Introduction

Portfolio management is a set of interrelated, strategic organizational management processes that facilitate informed and objective decision making regarding investments of time, money, and other resources in work intended to achieve strategic goals. The portfolio components and management processes are selected to produce specific benefits to the organization; therefore, selecting portfolio management processes is a strategic decision.

A1.2 What is a Standard?

The PMI standards program defines a standard as: “A document approved by a recognized body, which provides for common and repeated use, rules, guidelines, or characteristics for products, processes, or services with which ...

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