Management Control

The portfolio strategy and the delivery plan are the two key outputs of the portfolio definition cycle. The portfolio strategy is targeted towards top management and the delivery plan is targeted for those who deliver projects and programmes. Both portfolio strategy and delivery plan are owned and managed by the portfolio office.

This practice is part of the Portfolio Delivery Cycle.

Purpose

Management control is to the practice that ensures these two outputs are followed, so that the portfolio remains aligned with the strategy.

Implementing

The management control practice enables the organization to bridge a gap between project and programme management delivery activities and the expectations of portfolio management. This practice has five activities:

Keys to Success

Keys to success of the management control practice includes regular stage reviews during the lifecycle of any project or programme, regular progress reporting, strategy-aligned reviews, defined processes and uniform templates and guidance for project and programme teams.

Written by Inham Hassen

This wiki is developed and managed by an accredited trainer, independent of AXELOS. While aligned with their guidelines, it’s not an official resource.