03 Apr 2024
Report explores concept of Mission portfolios
The European Commission has published the second thematic report of the Mutual Learning Exercise on EU Missions entitled 'Understanding Mission portfolios'. This report introduces the concepts of Mission portfolios and Mission portfolio management and discusses the benefits and challenges of applying a portfolio approach in Mission implementation, illustrated with examples from several countries.
This report starts with a background and framing of the concept of Mission portfolios, focusing on portfolios of actions. The second section describes portfolio management approaches, explaining the uses and benefits, as well as the challenges of applying a portfolio approach in Mission implementation. Section three presents several existing examples of portfolio approaches in practice (at different levels of governance), followed by a summary of survey results of MLE participants’ perspectives and practices related to Mission portfolios in section four. The fifth and final section summarises highlights from the discussion at the second MLE topic workshop in Prague (CZ) in November 2023.
The report can be downloaded here: