In this section, we will look at the definitions of portfolio management, the related standards and certifications.
Organisation | Standard | Definition | Certification |
Project Management Institute Project Management Institute | PMI | The Standard For Portfolio Management Fourth Edition 2017 | Portfolio – Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives. Portfolio Management – The centralized management of one or more portfolios to achieve strategic objectives. | Portfolio Management Professional (PfMP)® Portfolio Management (PfMP) Certification| PMI |
AXELOS Global Best Practice Solutions | AXELOS | Management of Portfolios (MoP®) 2011 Edition | Portfolio – The totality of an organization’s investment (or segment thereof) in the changes required to achieve its strategic objectives. Portfolio Management – Portfolio management is a coordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual. | MoP® Portfolio Management Foundation MoP® Portfolio Management Practitioner |