What is a “Capability Portfolio”?

A "Capability Portfolio" refers to a set of capabilities that are managed in concert to fulfill strategic objectives in an effective and efficient manner. This concept emphasizes the holistic management of various capabilities, ensuring that they collectively contribute to the goals of an organization. By viewing capabilities as part of a portfolio, organizations can prioritize investments, balance risks, and allocate resources in a way that aligns with overarching strategic aims.

In contrast to managing capabilities in isolation, a portfolio approach allows for synergies and the optimization of outcomes, as it recognizes that the performance of individual capabilities can be enhanced when considered as part of a larger framework. This strategic alignment is crucial in systems acquisition management, where organizations need to meet specific mission requirements while utilizing their resources wisely.

Other choices do not capture the full scope and purpose of a capability portfolio. For instance, the idea of managing a single capability or a temporary grouping does not reflect the long-term, strategic management aspect inherent in the concept. Additionally, a list of capabilities not in use does not convey the active and integrated approach necessary for achieving strategic objectives.