Explanation
The Governance model, Managing strategic changes and Scope of the portfolio and the initial list of primary internal and external portfolio stakeholders, are part of the Portfolio Management Plan.
The Portfolio Strategic Plan includes: Vision for the portfolio, which is based on the alignment with the organization's goals and objectives; Objectives; Measurable goals and guidance, Components relationships and dependencies; Allocation of funds and resources for different types of initiatives (portfolios, sub-portfolios, and other work) and how these contribute to the organization's objectives; Portfolio benefits are clearly and consistently identified; Performance results, and value expected; Communication required to ensure successful change and implementation; Initiatives can be appraised and prioritized; Strategic objectives can be optimized with available resources and risks; Resources required by type and quantity; Key assumptions, constraints, relationships, dependencies, and risks; Portfolio structure including a listing of the various portfolio components and other work; Portfolio prioritization model, a high-level prioritization, decision-making framework; Org areas and org structure; Organizational risk tolerance, communication strategy, and performance strategy

Explanation
The Formulate organizational standards is not part of what the Portfolio Management Office helps the Portfolio management with. Formulating organizational standards is outside of the portfolio activities, in addition the portfolio activities ensures compliance with these standards