PMI's Program Management Standard and Portfolio Management Standard Coming Soon!

Move over PMBOK. For those who haven't heard, PMI will be releasing the Program Management Standard and Portfolio Management Standard mid-year 2006.

I've been fortunate enough to be serving on the leadership team for the two standards and they'll both be worth the wait.

While the PMBOK Guide has traditionally focused on managing individual projects, these standards will be a fitting complement, with the Portfolio Management Standard bridging the gap between project portfolios and organizational strategy, and the Program Management Standard addressing those issues that are unique to managing a group of related projects.

Stay tuned...