Portfolio management is an integral part of the organization's overall strategic plan. The increasing acceptance of portfolio management indicates that the application of appropriate knowledge, processes, skills, tools, and techniques to select the right work may have a significant impact on program, project, and organization success. While project and program management continue to focus on "doing the work right," portfolio management maintains a concern with "doing the right work." The Standard for Portfolio Management -- Fourth Edition is an expansion of and companion to information provided in A Guide to the Project Management Body of Knowledge (PMBOK)