The practices of the investment management standard can support a range of functions that organisations undertake to improve the way they operate and manage new investments. The options below have been selected as a useful mix of common functions the practices can support.
Shapes an investment that will deliver the maximum benefit to the organisation.
Read more about "Shape a new investment"
Identifies the major problems a new investment must address and establishes the criteria it then uses to select the most sensible investments.
Read more about "Prioritise investment proposals"
Defines the need for new policy and specifies the best strategic response.
Read more about "Develop a policy"
Provides a continuous focus on benefits during the implementation of an investment and determines whether the expected benefits were delivered.
Read more about "Benefit delivery"
Provides an understanding of whether the outcomes sought by a program of investment were actually achieved.
Read more about "Evaluate a program"
Establishes a shared understanding of why an organisation exists, assesses its current effectiveness and identifies the changes that should be made.
Read more about "Refocus an organisation"
Establishes a shared understanding of why an organisation exists, defines the measures and targets to be used as evidence of success and monitors its progress.
Read more about "Monitor an organisation"