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. To view the full version of the investment management standard see related publications.
Shapes an investment that will deliver the maximum benefit to the organisation.
Identifies the major problems a new investment must address and establishes the criteria it then uses to select the most sensible investments.
Defines the need for new policy and specifies the best strategic response.
Provides a continuous focus on benefits during the implementation of an investment and determines whether the expected benefits were delivered.
Provides an understanding of whether the outcomes sought by a program of investment were actually achieved.
Establishes a shared understanding of why an organisation exists, assesses its current effectiveness and identifies the changes that should be made to become more effective.
Establishes a shared understanding of why an organisation exists, defines the measures and targets to be used as evidence of its success and monitors its progress against those measures.