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Portfolio review · agenda ​

Read before the review. The 90-minute review is bounded on purpose. Pre-read sent 48 hours before; at least one initiative killed at the end; outcome signed.

TIP

Killing is the discipline. The hardest thing about portfolio governance isn't deciding what to do — it's deciding what to stop. The review fails if nothing is killed.

Before the review (48 hours ahead) ​

  • [ ] Pre-read pack sent: SLA · VRI · root-cause.because: reading data in-session adds 30 minutes and produces thinner outcomes — Practice · Step 1

  • [ ] Initiative Briefs pulled and kill criteria highlighted. Each initiative's Brief is available; the kill criterion is the most-important line to find.

  • [ ] Attendees confirmed. Leadership · PO · TL. Named client representative if the bet touches the client directly.

Opening — 5 minutes ​

  • [ ] Leadership states the bet in their own words, 5 sentences. Not from slides. because: if leadership can't state the bet, that's the review's first finding — Practice · Step 2

Read the three artefacts — 15 minutes ​

  • [ ] SLA performance read; one-paragraph reaction noted.

  • [ ] VRI trends read; one-paragraph reaction. What's moving up? What's moving down?

  • [ ] Root-cause distribution read; one-paragraph reaction. Which chain level is concentrating? Where the misses cluster is where to invest structurally.

Walk each initiative — 30 minutes ​

  • [ ] Each initiative decided: KEPT · SHARPENED · KILLED. No "we'll see". No "let's revisit later". A decision per row.

  • [ ] Kill criteria read aloud for each initiative.because: the criterion does the work; reading it surfaces the actual state — Practice · Kill criterion · Step 3

  • [ ] At least one initiative killed. If nothing is killable, pick the lowest-conviction. The discipline matters more than the optimal choice. because: killing is the highest-leverage portfolio move; every quarter without a kill is a quarter of accumulating drag — Clinic

  • [ ] Each killed initiative gets a kill brief assigned. Owner + due date (within 2 weeks of review).

Concentration check — 5 minutes ​

  • [ ] Concentration limit named: how many first-cycle initiatives vs total capacity?

  • [ ] If over the corpus default (>1/2 first-cycle): kill or delay.because: the team's exhaustion is downstream of the concentration breach — Canon · Concentration limits

Investment shifts — 15 minutes ​

  • [ ] The root-cause data read for next-quarter investment.57% of misses traced to L2 + L3 → invest in Discovery rigour next quarter. Concrete actions, dated.

Close — 5 minutes ​

  • [ ] Outcome doc signed by Leadership · PO · TL.

  • [ ] Outcome doc published — readable by the team.

  • [ ] Next review on the calendar.

If nothing was killed, the portfolio is accumulating. Reschedule a follow-up within two weeks to make the kill that didn't happen.

See also ​

200apps · How We Work · NWIRE

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