Success Factors and Summary


Boosting Organisational Value Through Smarter Portfolio Management


By Iain Fraser

New Zealand



Portfolio Management Success Factors

To be successful and sustainable in the use of smarter portfolio management, your organization and its portfolio leaders must:

  • Influence and intimately understand the organisations strategic vision, its purpose together with related business objectives.
  • Use a value management framework as the overarching mechanism to consider and determine each portfolio content. Use this overarching mechanism to link strategic planning, portfolio planning and investment financing together.
  • Establish critical success factors and a forward path for determining and managing each portfolio and its direct relationship to one or more of the organizations’ business objectives.
  • Consider all of the organization’s work needs including portfolio, programs of work and project components. Seek to include BAU work in your portfolios, so it gets implemented via various programs of work.
  • Satisfy yourselves that the required human capability (skill sets) and capacity (volume) are present or easily sourced from an existing supply chain partner or other entity.

Whilst planning at a business unit level can produce a desirable output in terms of a multi-year business plan it is often not strategic. Too often it seems that those plans go wrong in that they are not fully planned, communicated or implemented, which then causes confusion throughout the organization. This means that performance results are not complete in terms of meeting business objectives, or the needs of shareholders and stakeholders. Value is thereby lost. The use of smarter portfolio management that’s guided by a value management framework will result in a strategy and a business plan that is more holistic, robust, and easier to communicate through the organization and, critically, one that can be focused upon easily, modified if need be, and delivered quickly and effectively through program of work and project activity.


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Iain Fraser is a former Chair and Fellow of the Project Management Institute and a globally recognized PM expert and professional leader.  This series of articles on smarter portfolio management is based on Iain’s book “The Business of Portfolio Management: Boosting Organizational Value Through Portfolio Management” (PMI, 2017).

How to cite this paper: Fraser, I. (2020). Success Factors and Summary, Series on Boosting Organizational Value Through Smarter Portfolio Management; PM World Journal, Vol. IX, Issue XI, November. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/11/pmwj99-Nov2020-Fraser-portfolio-management-success-factors-and-summary.pdf



About the Author

Iain Fraser

Scotland & New Zealand


Iain Fraser, Dip PPC, PMP, MoP, P3M3, PMI Fellow, Fellow PMINZ has over 30 years of global business, portfolio, program of work, project, and EPMO leadership experience from a variety of sectors such as oil & gas, telecommunications, power, banking, defence, government and technology. He is globally known for his expertise and in-sights on leveraging benefits from project-based management for business advantage. A former CEO, he is now an independent consultant, speaker and trainer. He is considered a thought-leader by his peers, has been featured on live radio, video and podcasts and has been quoted in The Times and The Telegraph of the UK. He is the author of the top-selling business book ‘The Business of Portfolio Management— Boosting Organizational Value(PMI, 2017) and co-author ofThe Business of People: Leadership for the Changing World(Routledge, 2019) with Madeleine Taylor as well as other publications. More at www.jacobite.co.nz

Iain can be contacted at Iain.Fraser@jacobite.co.nz.

To view other works by Iain Fraser, visit his author showcase at https://pmworldlibrary.net/authors/iain-fraser/