Mapping between PMI and OGC Artefacts for Project Portfolio Management

This paper presents a mapping between the artefacts from the two recognized portfolio management standards: the `Standard for Portfolio Management' from Project Management Institute (PMI) and the `Management of Portfolios' (MoP) from Axelos developed by the Office Government Commerce (OGC). The purpose of this paper is to increase our understanding of "how to perform" project portfolio management as the project portfolio management in organizations is still not well structured. The overall mapping between PMI and OGC artefacts shows that PMI artefacts has more detailed by OGC artefacts. Only two artefacts from PMI and OGG have a similar correspondence, `Portfolio' and the `Portfolio Roadmap'. The OGC artefacts `Portfolio's Business Case' and the `Portfolio Skills Register', are not concepts explored in PMI artefacts. The paper shows the explanatory power of the portfolio artefacts for conducting the project portfolio management processes.