Description Key objective Key activities A group of programs and/or projects managed • Strategic-fit/alignment olio in a coordinated way to support business Doing the • Governance f t strategy and to deliver benefits in line with right things • Agility or Portfolio • Financials/ P strategic objectives management investments am A set of interrelated projects, • Verification and managed in a coordinated way to Program Realizing validation ogr attain the selected program’s business management the benefits • Prioritization Pr objectives and benefits • Resources A temporary endeavor Doing • Scope ojectto create a unique Project things • Quality Pr product, service management right • Cost or result • Time Organizational success requires expanding beyond “doing things right” to include “doing the right things” Portfolio governanceProgram governance Project life cycle Idea Program portfolioPre-planningFormation Execution Closure screeningmanagement cle y e c Lif Start Implementation Benefits delivery tions123 4 5 sAre you Are you ready Is your project How well are Are your people Quedoing the to run a set up your important aligned towards right projects?major project?for success?projects doing? success? IdeaProject portfolioComplexityPredictive indicatorMulti-dimensional Decision priority oolsscreeninganalysisanalysisdiagnosticscube risk analysis analysis T • Quickly capturing project • Linking projects to • Determining the ability of • Proactively making • Improving insights on true • Improving alignment of ideas with greatest total business strategy and the organization to execute informed decisions to project performance and executives and project teams for economic value determining gaps or against a measured project's establish the proper hidden risks to enable effective operational trade-off alue• Providing consistency and cancelation decisions complexity and inherent foundation for successful decision-making for the decisions consistent with the risk, before starting execution to avoid greatest positive project project's success objectives unbiased analysis prior to • Balancing and issues and surprises impact in-depth ROI and business prioritizing the portfolio • Increasing the ability to • Giving clarity on stage-gate case analysis/development for the greatest overall influence outcomes by • Understanding forward • Ability to focus and tune criteria for more effective team Primary v investment, risk and reward adapting the project's looking risks along processes for increased project focus and objective-based design, team, processes defined success criteria performance and optimal “Go/No-Go” decisions at and controls benefit realization implementation Unlocking the value of your program investments | 3