(ISO: Geneva) -- Successful project management is fundamental to greater efficiency and better outcomes. It is also often inextricably linked with program and portfolio management along with related governance. Which is why two key standards in ISO’s series of documents for the sector have just been updated and expanded, providing even more extensive guidance on these issues.

ISO 21500—“Project, programme and portfolio management—Context and concepts,” is a foundational standard that provides overarching guidance for the use of the ISO 21500 series of standards. It gives an overview on project, program, and portfolio management and their governance. The standard is now joined by ISO 21502—“Project, programme and portfolio management —Guidance on project management,” which offers guidance and structure in managing projects with a focus on benefits and outcomes, from inception to completion, including project-related oversight and direction activities.

 …