ABSTRACT
This chapter focuses on evaluating and reporting portfolio performance management that includes: establishing the portfolio performance measurement baseline; managing portfolio performance; reporting portfolio performance; and integrating the benefits. Before measuring the portfolio performance, the baseline has to be defined and set up in the existing systems. Establishing the baseline creates the ground for measuring the benefits and the value to strategic objectives. When starting to establish project portfolio management (PPM), the level of PPM evolution maturity should be assessed and taken into account. Portfolio managers need to have specific competences to run portfolios and programmes appropriate to their organization's guidelines. The project manager is responsible for driving the project through all its phases, from initiation to closure. The education and training of the portfolio managers are a key factor for effective and efficient portfolio management. Reporting portfolio performance means providing appropriate information to stakeholders, at appropriate intervals, and integrating the data across the portfolio components.
