PM² Portfolio Management

The PM²-Portfolio Management (PM²-PfM) guide is a framework developed to support institutions and organisations using PM² (the European Commission’s official Project Management Methodology) to effectively create, manage and obtain benefits from managing projects, programmes and components at the portfolio level. Complementing our overall offering this methodology has been developed as an extension of PM², which consists of project, Agile and programme management. Project Portfolio Management (PM²-PfM) provides guidance for defining, composing, managing projects and programmes to strategically implement portfolios. By allocating the adequate resources and regularly collecting accurate and relevant information to support tactical decisionmaking, PM²-PfM enables the organisation to benefit effectively and efficiently from portfolio investments. The guidelines and tools provided are non-prescriptive, field / domain agnostic and thus applicable to any type of industry or business. PM²-PfM provides portfolio management support by including a guide detailing a set of portfolio management processes and activities; Artefact templates; Guidelines for applying the processes and using the artefacts; and A set of effective mindsets.