ISO 21504:2022
ISO's guidance on managing a portfolio of projects, programmes and related work: the principles of structure, capability, risk, roles and decision rights; the prerequisites of a justified and governed framework with component types, selection criteria, visibility and reporting; and the management cycle of setting objectives, identifying and selecting components, planning, validating strategic alignment, measuring and reporting performance, integrating benefits, and balancing and optimizing the portfolio.
ISO 21504:2022 is a compliance framework from International with 3 domains and 33 controls. The largest domains are Clause 6: Managing portfolios – ISO 21504:2022 (17 controls), Clause 5: Prerequisites for portfolio management – ISO 21504:2022 (9 controls), Clause 4: Principles of portfolio management – ISO 21504:2022 (7 controls). Every control below carries what it requires and what an assessor expects to see.
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Framework Domains (3)
Clause 4: Principles of portfolio management – ISO 21504:2022
| Code | Title |
|---|---|
| iso-21504-2022::4.1 | Recognise the context and need for portfolio management |
| iso-21504-2022::4.2.2 | Shape the portfolio structure |
| iso-21504-2022::4.2.3 | Account for capabilities and constraints |
| iso-21504-2022::4.2.4 | Manage opportunities and threats at portfolio level |
| iso-21504-2022::4.3.1 | Set out roles and duties using the general principles |
| iso-21504-2022::4.3.2 | Set decision rights over portfolio content |
| iso-21504-2022::4.4 | Involve and manage the portfolio's stakeholders |
Clause 5: Prerequisites for portfolio management – ISO 21504:2022
| Code | Title |
|---|---|
| iso-21504-2022::5.10 | Provide governance for the portfolios |
| iso-21504-2022::5.2 | Make the case for portfolio management |
| iso-21504-2022::5.3 | Put the portfolio management framework in place |
| iso-21504-2022::5.4 | Define the types of portfolio components |
| iso-21504-2022::5.5 | Set the rules for choosing and ranking portfolio components |
| iso-21504-2022::5.6 | Align with organizational processes and systems |
| iso-21504-2022::5.7 | Provide visibility of the portfolio |
| iso-21504-2022::5.8 | Set out the way portfolio performance gets reported |
| iso-21504-2022::5.9 | Improve portfolio management |
Clause 6: Managing portfolios – ISO 21504:2022
| Code | Title |
|---|---|
| iso-21504-2022::6.2 | Set the portfolio objectives |
| iso-21504-2022::6.3 | Identify potential portfolio components |
| iso-21504-2022::6.4 | Define the portfolio plan |
| iso-21504-2022::6.5.2 | Assess the current state of the portfolio |
| iso-21504-2022::6.5.3 | Select portfolio components |
| iso-21504-2022::6.6.2 | Validate alignment with the strategic objectives |
| iso-21504-2022::6.6.3 | Maintain alignment with risk tolerance and threshold |
| iso-21504-2022::6.6.4 | Document and evaluate the results of alignment actions |
| iso-21504-2022::6.7.2 | Establish the portfolio performance measurement baseline |
| iso-21504-2022::6.7.3 | Manage portfolio performance |
| iso-21504-2022::6.7.4 | Report the performance of the portfolio |
| iso-21504-2022::6.7.5 | Manage the integration of benefits |
| iso-21504-2022::6.8.2 | Optimize portfolio components |
| iso-21504-2022::6.8.3 | Maintain the portfolio |
| iso-21504-2022::6.8.4 | Optimize resources across the portfolio |
| iso-21504-2022::6.8.5 | Deal with risks at portfolio level |
| iso-21504-2022::6.8.6 | Control changes to the portfolio |
What is ISO 21504:2022 and who does it apply to?
ISO 21504:2022 is a compliance framework from International with 3 domains and 33 controls. ISO's guidance on managing a portfolio of projects, programmes and related work: the principles of structure, capability, risk, roles and decision rights; the prerequisites of a justified and governed framework with component types, selection criteria, visibility and reporting; and the management cycle of setting objectives, identifying and selecting components, planning, validating strategic alignment, measuring and reporting performance, integrating benefits, and balancing and optimizing the portfolio. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
What does ISO 21504:2022 actually require?
ISO 21504:2022 has 33 controls organised across 3 domains. The largest domains are Clause 6: Managing portfolios – ISO 21504:2022 (17 controls), Clause 5: Prerequisites for portfolio management – ISO 21504:2022 (9 controls), Clause 4: Principles of portfolio management – ISO 21504:2022 (7 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
If I already comply with another framework, how much of ISO 21504:2022 do I already cover?
ISO 21504:2022 does not currently have cross-framework mappings in our system. Check back as we continuously expand our mapping database.
How do I implement ISO 21504:2022?
Start your ISO 21504:2022 compliance journey by running a self-assessment on our platform to identify your current compliance posture. Our AI advisory can answer specific questions about ISO 21504:2022 requirements, and cross-framework mapping helps you leverage existing controls from other frameworks you may already comply with. Create a free account to access all 33 controls and track your progress.
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