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Silver Chain on Management of Portfolios guidance panel

PM News
February 17, 2011

Western Australian medical care agency Silver Chain represented Australia on a recent Management of Portfolios guidance review panel, hosted by the UK’s Office of Government Commerce (OGC). The publication is the latest of OGC’s internationally recognised standards series for effective program and project management.

“As a not-for-profit organisation charged with providing services to those in need in the community, Silver Chain is very aware that effective portfolio management is paramount to ensuring the best use of its resources,” said Graham Colborne, Silver Chain’s Program Management Office manager.

Colborne said by contributing to and implementing recognised portfolio management strategies at this level, Silver Chain proves itself on the world stage of organisations using portfolio, program and project management.

“We understand the significance of deciding whether or not new initiatives are the ‘right’ ones for our organisation and the community, and whether the potential return on investment is achieved,” said Colborne.

“Our portfolio management ensures that programs are prioritised and continually managed and assessed in terms of their contribution to the organisation’s strategic objectives and overall level of risk.”

Colborne was one of the first people in the world to be accredited as a practitioner for the Portfolio, Programme and Project Offices (P3O) standard when invited to participate in the OGC’s pilot examination.

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