Portfolio management practice

Portfolio management practice (hereinafter, the Practice) is the practice to ensure that an organization has the right mix of programmes, projects, products, and services to execute its strategy within its funding and resource constraints. The Practice relates to portfolio management and service management. This Practice is a part of the ITIL practices.

Definitions

According to the ITIL Foundation 4e by Axelos,

Portfolio management practice. The practice of ensuring that an organization has the right mix of programmes, projects, products, and services to execute its strategy within its funding and resource constraints.