What is BS ISO 21500 - Project, programme and portfolio management about?
BS ISO 21500:2021 is the new international standard covering the context and concepts of project, programme and portfolio management and their governance.
NOTE: BS ISO 21500:2021 is not a revision of BS ISO 21500:2012 Guidance on project management. That standard has been revised and redesignated as BS ISO 21502:2021.
Who is BS ISO 21500 - Project, programme and portfolio management for?
- Managers in organizations that undertake projects
- Project sponsors
- Team managers and members
- Project support staff, including project management office members
- Business and technical specialists
- Educators and trainers
- Those involved in business change and benefits management
What does BS ISO 21500 - Project, programme and portfolio management cover?
BS ISO 21500 describes the organizational context and underlying concepts for undertaking project, programme and portfolio management. It also provides guidance for organizations to adopt or improve project, programme and portfolio management using the ISO 21500 family of standards.
BS ISO 21500 can be applied to most organizations, including public and private organizations and is not dependent upon size and type of organization. It may also be applied to any project, programme and portfolio regardless of complexity, size or duration.
Why should you use BS ISO 21500 - Project, programme and portfolio management?
- This new standard brings together the family of BS ISO 21500 standards on project management, providing a common and internationally recognized frame of reference and helping organizations decide whether or not other standards in the family are relevant to them
- It provides a structured approach that can contribute to increased benefits
- It enables organizations to demonstrate a strong project delivery approach to stakeholders, helping build confidence in project, programme and portfolio management
- It can help develop project, programme and portfolio management expertise
- It can help improve project, programme and portfolio management efficiency
- It can strengthen project, programme and portfolio risk management
- It can help organizations grow sustainably
BS ISO 21500 contributes to UN Sustainable Development Goal 8 on decent work and economic growth, Goal 9 on industry, innovation and infrastructure, Goal 11 on sustainable cities and communities and Goal 12 on responsible consumption and production.
