Task: Optimize the Portfolio
Optimize the portfolio by selecting the set of components that generate the most value and minimize overall portfolio risk.
Disciplines: Portfolio Management Tasks
Purpose
  • To regulate the transition of new work to the operational teams in a manner that promotes the balance of the overall portfolio against the set of strategic objectives, measurements, and targets
  • To apply review and analysis techniques and models that can provide the required insight and effectively drive support systems and controls for executive decisions
Main Description

Develop and evaluate a set of potential portfolio scenarios, and select the set of components that generates the most value yet minimizes the overall portfolio risk.

Validate and update the strategic targets and constraints against which the portfolio is balanced. Each target and constraint, in turn, represents a key dimension of the executive decision framework, such as these dimensions:

Take the inputs to this task plus the strategic targets and constraints listed above to make recommendations to approve new work, reprioritize existing work, keep work as-is, or postpone or cancel components currently being worked on.