P3O Definitions
- Portfolio
The totality of an organization's investment (or segment thereof) in the changes required to achieve its strategic objectives. - Portfolio management
A coordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual. - Portfolio, Programme and Project Offices (P3O)
The decision-enabling and support business model for all business change within an organization. This will include single or multiple physical or virtual structures, i.e. offices (permanent and/or temporary), providing a mix of central and localized functions and services, and integration with governance arrangements and the wider business such as other corporate support functions.