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The Standard for Portfolio Management — Fourth Edition by Project Management Institute

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4

PORTFOLIO GOVERNANCE

This section explains what governance is, what it is based on, its guiding principles, how governance is implemented in terms of practices, and how governance activities differ from management activities. Understanding and implementing an effective portfolio governance framework guides the portfolio decision-making processes in the interests of all stakeholders while adhering to the governance principles of the organization. The following major sections are addressed:

4.1 OVERVIEW

The term governance is increasingly used in the field of portfolio, ...

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