: Evaluating both positive (opportunities) and negative risks across the entire collection of work. Stakeholder Engagement
: Creating a framework for effective decision-making and oversight. Capacity & Capability Management
: Ensuring the portfolio components (projects and programs) support organizational strategy. Portfolio Governance
: Actively identifying and managing the expectations of those impacted by the portfolio. Amazon.com The Portfolio Life Cycle
—ensuring every initiative directly serves the organization's strategic goals. Key Performance Domains
: Optimizing the use of finite resources like talent, budget, and infrastructure. Portfolio Risk Management
The standard organizes portfolio management into several critical areas: Strategic Alignment