Along your portfolio lifecycle, you have been conducting multiple review meetings to ensure continuation from one phase to another and to ensure the alignment and value delivery, in addition to…

Portfolio Reports are the formal communication mechanism for conveying governance decisions, portfolio performance status, and recommended actions to stakeholders. When a governance board makes decisions or issues directives during review meetings, Portfolio Reports serve as the structured, distributed artifact through which those outcomes are formally communicated across the organization.

Portfolio Updates refer to changes made to portfolio documents or component composition; they are not the communication vehicle used to disseminate governance decisions.

Portfolio Management Plan updates reflect revisions to how the portfolio is managed; they are not the artifact used to communicate governance board decisions to stakeholders.

Portfolio Process Assets updates capture process improvements and lessons learned; they do not serve as the mechanism for communicating governance decisions.