Purpose: to ensure that the organization has the right mix of programs, projects, products, and services to execute the organization’s strategy within its funding and resource constraints
Portfolio: a collection of assets into which an organization chooses to invest its resources in order to receive the best return
Allocate, deploy, manage resources
Portfolio types:
Other portfolios can exist anywhere in the organization, it’s about managing resources. Purpose is to achieve optimal return on investment from assets
Tightly related to service financial management (fiscal oversight)
1. Portfolios enable ROI
2. Practice success factors (PSF)
Two PSFs for SFM:
2.1 Sound investment decisions
To avoid conflicting priorities and ensure transparency:
Portfolios are communication tools for stakeholders:
Continuous prioritization and reprioritization
2.2 Continual monitoring, review, optimization
Not enough to just identify the next promising investment: monitor to ensure expected value achieved (fail to deliver or delivers but no longer aligned with organizational strategy)
Regularly review:
Investment health reports:
Go back to ITIL 4 Strategic Leader Certification Course: Practices to finish this chapter or to the main page ITIL 4 Strategic Leader Certification Course.
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