Portfolio = a set of initiatives that an organisation is carrying out or is going to carry out in the future
Programme = temporary flexible structure – to deliver outcomes and benefits
relating to an organisations strategic objective, by driving, monitoring and
guiding a set of related projects
Project = temporary structure created to deliver one or more capability
Capability = enables an ability (capability) for a business to deliver benefit
to either customer or shareholders.
Capability has 4
components
·
Business process
·
People
·
Physical assets
·
Information
Capability
enablement = making a capability available for
actual use “live”
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