The Standard for Portfolio Management — Fourth Edition

2

THE PORTFOLIO LIFE CYCLE

This section provides information on the portfolio life cycle. The following major sections are addressed:

2.1 Overview

2.2 Guiding Principles

2.3 Ongoing Life Cycle

2.4 Portfolio Management Information System (PMIS)

2.5 Governance Within the Portfolio Life Cycle

2.1 OVERVIEW

The portfolio life cycle is the ongoing processes and functions that occur to a set of portfolios, programs, projects, and operations within a continuous time frame. In today's global market, the portfolio life cycle needs to be adaptive and flexible to constantly changing needs from all influences, internal and external, so organizations can remain competitive and financially stable. One or more portfolios can exist within the life cycle. If ...