Management of Portfolios – MoP
Management of Portfolios is a set of guidance from Best Management Practice. The first guide, for senior executives published in June 2010 was followed by practitioner guidance early in 2011. The practitioner guidance will be supported by a qualification scheme.
MoP: Overview and Benefits
Getting the best return from the total investment in change programmes and projects has always been a challenge. Ensuring successful delivery and realizing the full benefi ts in terms of effi ciency savings and contribution to strategic objectives is of key relevance across all sectors.
It is here that Management of Portfolios plays a critical role. Developed following extensive public consultation and published after vigorous review, the guidance gives organizations of all types the tools and techniques needed to identify and prioritize their overall investment and focus their resources on the right change programmes and projects.
How does MoP work?
Investment in the right, correctly implemented change initiatives is enabled by MoP as it ensures that:
- The programmes and projects undertaken are prioritized in terms of their contribution to strategic objectives and overall level of risk
- Programmes and projects are managed consistently to ensure effi cient and effective delivery
- Benefits realization is maximised to provide the greatest return (in terms of strategic contribution and effi ciency savings) from the investment made.
To view testimonials and case studies from those organisations that have adopted Best Practice guidance visit Best Practice Users.
