Published by the Project Management Institute (PMI), the Standard continues to recognise good practice in the discipline of portfolio management. With new knowledge areas it helps portfolio managers 'do the right work.' In this edition - ? Two new Knowledge Areas: Portfolio Risk Management and Portfolio Governance (Governance is accountable for investment decisions throughout the portfolio cycle); and? Greater emphasis on these areas means increased awareness of the opportunity costs throughout the process and an increased focus on delivering resultsThe standard is approved as an American National Standard (ANS) by the American National Standards Institute (ANSI).

CB 025.2-2006