ISO 21505

Description / Abstract: This document describes the context in which the governance of projects, programmes and portfolios is conducted and provides guidance for the governance of projects, programmes and portfolios. This document can also be used for assessment, assurance or verification of the governance function for projects, programmes or portfolios.

NOTE Throughout this document, the term “portfolio” is used to mean “project and programme portfolio” and the term “programme” is used to mean a “programme of interrelated projects and other related work”.

This document is intended for governing bodies and executive and senior management who influence, impact or make decisions regarding the governance of projects, programmes and portfolios. It is also intended to provide guidance to those who direct projects, programmes and portfolios, such as sponsors, steering committees, portfolio owners and the project management office.

It also can be used by project, programme and portfolio managers, as well as stakeholders involved in the development and implementation of projects, programmes and portfolios. Other audiences who can have an interest in this topic include those advising, informing, assisting or working within projects, programmes and portfolios.