MoP and Portfolios Management
Portfolios management is defined as a coordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual.
The Management of Portfolios (MoP) guidance provides advice and examples of how to apply principles, practices, and techniques that help optimize an organization’s investment in change alongside its Business As Usual (BAU) work.
MoP complements the suite of related PPM guidance developed by Best Management Practice – PRINCE2, MSP, P3O and M_o_R to help organizations and individuals to use Best Practice to manage projects, programmes and services consistently and effectively.
It provides an overview of all change activities including what is in the portfolio, what it is costing, what risks are faced, what progress is being made, and what the impact is on business as usual and the organization’s strategic objectives.