Portfolio Management – Review 1 (MoP)

The three reference books identified on the previous post have their own process models

• Management of Portfolios(MoP) – OGC (now Axelos)
• Portfolio Management Standard (PMI)
• The Wiley Guide to Project, Program and Portfolio Management

Over the next two posts I will review parts of the two main publications and include thoughts from the Wiley Guide.

We can explore the models for similarities and differences, not to chose one model as the only path to Portfolio Nirvana, but rather to look at the practices and processes that will fit within our own organizations and business environments.

I am not seeking to cause process chaos by proposing a cut and paste from different models, but simply to help people understand that they do not need to become a slave to one model.  

They can legitimately choose a core model to adopt as a guiding philosophy for their portfolio management approach and then utilize concepts / processes from other models to tuning to suit the business environment, creating their ideal for their organization.

This post will explore the Management of Portfolios (MoP) Manual from Axelos, originally developed with the Office of Government Commerce in the UK.

"MoP® is a (registered) Trade Mark of AXELOS Limited. All rights reserved"All figures and images in this post are copyright of AXELOS Limited