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The Portfolio Handbook summarises the objectives of this portfolio and documents the selected approach for implementing these goals. It highlights the governance structure with the roles and responsibilities, the processes to be used and the corresponding artefacts.
The Portfolio Handbook is an important document since it describes how the portfolio will be managed and is a point of reference for all portfolio stakeholders. It should be kept up-to-date throughout the existence of the portfolio.
Guidelines
- Keep the Portfolio Handbook up-to-date throughout the life of the portfolio.
- Align the selection cycle to the annual strategic planning exercises.
Content
- Portfolio framework
- Portfolio characteristics
- Component evaluation criteria
- Selection frequency and timing
- Framework revision frequency
- Portfolio objectives
- Portfolio governance roles and responsibilities
- Responsibilities per role
- Roles assignment to a specific person in the organisation
- Portfolio management processes
- Portfolio composition process
- Portfolio realisation process
- Stakeholder engagement process
- Portfolio artefacts to be used
Source: European Commission, Council of the European Union, Directorate-General for Informatics, General Secretariat of the Council, PM² portfolio management guide : v1.5, Publications Office, 2022, https://data.europa.eu/doi/10.2799/311760
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