A functional transformation can either be defined as a programme or a portfolio depending on the scope and scale of the change required and whether you are transforming one or multiple functions. This seemingly esoteric point matters when coming to choose the best methodology to use and when building your transformation organisation and team. In this episode, Jason and Joe explore the differences between a project, programme and a portfolio, and why it's essential to define your transformation initiative in the right way to achieve the best outcomes. They also discuss the impact this has on issues such as resourcing, and decision making.