A portfolio vision defines what the portfolio (which will consist of set of components, e.g. projects), should achieve for the organization. The vision states the long-term purpose of the portfolio,
Portfolio and program managers frequently receive a partial view of strategic purpose. The organization may have a mission, a set of strategic themes, and a slide deck that describes ambitions,
Portfolio and program managers often start from an ambiguous translation of strategy into work. Research on project portfolio management shows that many organizations treat strategy as a set of broad
Contemporary research converges on a small set of core components that appear across most frameworks, even when terminology differs or when practitioners use tools such as the Business Model Canvas.