Summary: Portfolio management is essential to making informed strategic decisions about the investments required for an organization to succeed. The Standard for Portfolio Management-Second Edition provides portfolio managers the foundation knowledge they need to develop their skills and abilities in order to reach those objectives and find success.The second edition is an expansion of and companion to information provided in A Guide to the Project Management Body of Knowledge (PMBOK Guide)-F ...show moreourth Edition and the Organizational Project Management Maturity Model (OPM3)-Second Edition. The PMBOK Guide is universally regarded as the standard for project management across the globe, and has helped millions of project managers worldwide implement and manage projects effectively and efficiently for organizational success.The Standard for Portfolio Management-Second Edition represents the most up to date depiction of accepted practices in portfolio management and includes:- A standardized approach to discussing enterprise environmental factors and organizational process assets- Two new Knowledge Areas to address portfolio governments and risk management- Clear terminology and writing style for improved readability- Process groups are further defined for clarity and ease of navigationA portfolio is defined as a collection of projects, programs, and other work that are grouped together to facilitate effective management and meet strategic business objectives. Where program and project managers must focus on ''doing work right,'' portfolio managers must focus on ''doing the right work.'' The Standard for Portfolio Management is an invaluable resource that will helporganizations deliver valuable results. ...show lessEdition/Copyright: 2ND 08
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