The Intermediate Model(s) defines WHERE the Enterprise wants
to get to and WHEN. The Strategy Model defines WHY they want to get there. The
Portfolio Model(s) defines HOW the Enterprise will achieve that transition, by
defining the Programmes, Projects and Initiatives that are required.
The scope, depth and detail of the Portfolio Model(s) is not
meant to provide detailed project plans. The Portfolio Model(s) should provide
only enough detail to be able to organise all of the change required to move
from one state (Current or Intermediate Model) to another state (Intermediate
or Target Model).
In addition, the scope, depth and detail of the Portfolio
Model(s) will get less and less the further into the future they get.
Initially an Enterprise will almost certainly already have
one or more Portfolio Models in spreadsheets, documents and/or in portfolio
analysis tools. Therefore, initially, the Portfolio Models may not be the optimum
mix depending upon the Intermediate state the Enterprise wishes.
In this situation the Portfolio Model and the resultant
linkages back to an Intermediate Model may well illustrate shortcoming of the
As time progresses however, the Portfolio Model(s) will
increasingly get their information and become much more dependent upon the
Predominantly during the Annual Business Planning cycle, although
adjustments may need to be made as the year progresses.
Provision: Strategic Planning Team.
QA: The Board & Senior Management.
Modelling: Anyone trained in the tool being used.
Update: Strategic Planning Team.
Populating the Portfolio Model is the result of analysing
the Strategy Model and the Current Model.
Analyse the Intermediate Model
QA the information
Load the information
Integrate the Information