UAF13 — Portfolio as Enduring Object

Problem with Using Portfolio element (portfolio kind of Project). The Portfolio (kind of) Project does not have the necessary semantics with the features and relationships enumerated below. Can possibly use Whole Life Configuration (WLC) element to represent a Portfolio but this only gives part of the picture of what is in the Portfolio. (a) Acts as a “collection” of things with an associated Gantt chart for deployment timelines, (b) Does not tell us who “owns” that collection of things in the Management Accountability sense, (c) A Portfolio can consist of multiple Whole Life Configurations.

Portfolio needs to have the following features: a) Things it is delivering (e.g., in its Whole Life Configurations), b) Who runs it (i.e., the Actual Organization), c) Particular programs within it (e.g., actual Projects or project elements), d) Alignment with budget elements, assigned Opportunities and Risks, etc., e) Assigned responsibility for execution of particular Enduring Tasks (and associated Capabilities), f) Accountability towards achieving Effects (e.g., MOE target levels) for a given time period, g) Can be assigned responsibility for certain Missions, Enterprise Goals and Enterprise Phases, h) Can be jointly managed with another Enterprise for shared Operations and Resources.

Might be that Portfolio could be a kind of Whole Life Enterprise (i.e. subtype) that has the features and relationships noted above.

See attached slides.