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Breakthrough Project Portfolio Management by Murali Kulathumani

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17

PORTFOLIO GOVERNANCE

INTRODUCTION

In an ideal world, only the right projects would present themselves for funding, get funded quickly, and then proceed to deliver all of the promised benefits while executing on time and on budget. In the real world, almost none of those things happen. That’s where portfolio governance comes in and tries to steer the actual course of events closer to what should ideally happen. This chapter explores the following aspects of governance as it relates to portfolio management:

  1. Define governance and explain the role of governance in portfolio management
  2. List the modes of operation of portfolio governance and distinguish between the modes
  3. Explain the functions of governance under the routine portfolio operation ...

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