Customer Reviews

The Standard for Portfolio Management

5 star:		(0)
4 star:		(1)
3 star:		(0)
2 star:		(2)
1 star:		(0)

 

 

This book provides the PMI standard for portfolio management. Its a very thin book and can be read within a relative short time.

The book consists of 3 chapters and 4 appendixes. The first chapter is a short introduction to the idea of portfolio management, the second chapter explains the role of portfolio management in the organization. The third chapter is the actual standard.

The actual standard consists of 2 processes: Aligning and monitoring and controlling. Aligning consists of a bunch os sub-processes which basically boil down to "make a list of your projects and select which ones you support". The monitoring process is even simpler. The standard itself is just about 25 pages.

The appendixes are not interesting at all. It contains some tools and some history of the standard.

The standard is written somewhat boring (as most standards) and it also does not provide much new insights. If you know a little about portfolio management, then you probably know everything there is in this book.

This is not really worth reading. If you want to know more about portfolio management, you probably want to look at some other book.

The Standard gives a good an concise guidance on how to handle Portfolio management. It's very practical to apply.
It did not provide real new insights, though.

Klaas Buist

I purchased what I assumed to be the 2nd Edition of this Standard and upon receiving the 1st Edition, double-checked the website and found the title doesn't state 2nd Edition, though the cover photo is of the 2nd Edition. I'm trying now to return this 1st Ed. as I already have it. I still need the 2nd Edition, and guess I'll have to look on the PMI website for it (or perhaps eBay).

This review (stars) is low because of the experience in purchasing, not to be taken as an assessment of the 2nd Edition.