Where is Strategic Portfolio Management based from?

[Zack Hilacan1]

If ITSM is based on ITIL, I would like to know if where does Strategic Portfolio Management basing from?

Thank you in advance for those who can answer!

I would also appreciate if an article or document is provided.

[Community Alums]

Hi @Zack Hilacan1 ,

It's follows general Project/Program Management.

[Zack Hilacan1]

Hello Sandeep,

Do you know any articles or blog that leads to this?

[chetanb]

Hello @Zack Hilacan1 ,

Strategic portfolio management (Formerly, Project Portfolio Management) describes the processes and tools that businesses may use to align available resources to meet strategic goals.

https://www.servicenow.com/products/strategic-portfolio-management.html

Regards,

CB

https://www.servicenow.com/products/strategic-portfolio-management/what-is-spm.html#what-is-a-strate...

[chetanb]

• ITIL processes provide the foundation for effective service delivery, which is essential for achieving the strategic goals defined in SPM.
• SPM helps organizations prioritize IT projects and initiatives that support ITIL processes and overall service management goals.