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Portfolio

described in the Portfolio Vision Statement. The portfolio-level prioritized backlog consolidates and ranks the prioritized product backlogs from all programs and projects within the portfolio.

Key Points

  • A portfolio groups related programs and projects to achieve outcomes defined in the Portfolio Vision Statement.
  • The Prioritized Portfolio Backlog is a single, ordered list that combines items from program and project product backlogs.
  • Prioritization reflects strategic value, risk, dependencies, funding, and capacity across the portfolio.
  • Portfolio governance regularly reviews and reprioritizes the backlog as strategy and market conditions change.

Example

A company runs a Digital Experience portfolio that includes a Mobile App program and a Data Platform project. The portfolio vision targets customer growth and faster insights. The Prioritized Portfolio Backlog merges top features from the Mobile App and Data Platform backlogs and orders them by strategic impact and dependencies, ensuring work delivers on the vision.

PMP Example Question

Which artifact consolidates and sequences items from multiple program and project product backlogs to align work with the Portfolio Vision Statement?

  1. Portfolio roadmap
  2. Prioritized Portfolio Backlog
  3. Program or Project Product Backlog
  4. Portfolio Vision Statement

Correct Answer: B - the portfolio-level prioritized backlog that combines program/project backlogs

Explanation: The Prioritized Portfolio Backlog aggregates and orders items from all programs and projects to support the portfolio vision. A roadmap is a timeline view, individual backlogs are scoped to a single program or project, and the vision statement states intent but is not a backlog.

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