PortfolioRoadmap

PortfolioRoadmap is a planning artifact used in portfolio management to align a set of projects, programs, and other investments with an organization's strategic objectives over time. It provides a high-level view of proposed work, sequencing, and expected outcomes across multiple initiatives.

Purpose and scope: It supports prioritization, allocation of scarce resources, and communication with executives and teams. It typically covers strategic themes, proposed initiatives, estimated value, costs, timelines, and milestones, along with dependencies and risks.

Core components: strategic themes, initiatives or programs, time horizon, funding envelopes, capacity and constraints, dependency map, milestones, metrics (benefits, KPIs), owners and governance rules.

Process: development is iterative and collaborative. It starts with strategy input, collects initiative data, prioritizes using value/cost or scoring models, builds a phased timeline, identifies dependencies, and aligns with budgeting cycles. The roadmap is reviewed periodically and updated.

Usage and benefits: aids decision making, communicates strategy across levels, supports scenario planning, and helps track benefits realization. Challenges include keeping data current, balancing long-term vision with short-term demands, and ensuring stakeholder alignment.

Relation to related concepts: differs from project roadmaps by focusing on a portfolio rather than a single project; complements roadmaps, roadmapping tools, and portfolio management practices.