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The purpose of this competency is to achieve the goals of the initiation process, i.e. to:
- decide what type of portfolio is required;
- design the portfolio infrastructure;
- obtain senior level approval and commitment;
- implement the portfolio.
You must be able to:
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Initiating a portfolio is not something that is done on a regular basis. In terms of longer term professional development it is not necessary to have a competency in a process that is only executed once.
However, this competency is useful as a basis for defining an appropriate role and helping to identify the best person to execute the process.
Knowledge and understanding
You need to know and understand: