<!-- Innovation portfolio review · from Chapter 23 of The Product 360 Handbook -->

# Innovation portfolio review · [Portfolio] · [Quarter]

**Forum:** [Name]   **Decision makers:** [Names]   **Prepared by:** [PM]   **Sources:** [Reports used, with dates]

## Portfolio summary
| Measure | This quarter | Last quarter | Target |
|---|---|---|---|
| Spend mix: core / adjacent / transformational | | | [Agreed mix] |
| Bets by stage (gate 1 / 2 / 3 / 4) | | | |
| Assumptions retired this quarter (learning velocity) | | | |
| Bets killed or pivoted this quarter | | | Some, every year |
| Bets transferred to the core this quarter | | | |

## Bets
| Bet | Horizon or zone | Stage | Riskiest assumption | Evidence since last review | Leading indicator vs plan | Spend to date | Next tranche asked | Kill line (state and date) | Kill line status | Door type of the decision | Recommended decision |
|---|---|---|---|---|---|---|---|---|---|---|---|
| | H1 / H2 / H3 | | | | | | | | Met / Not met / Not yet due | Two-way / One-way | Continue / Pivot / Scale / Kill / Hold |

## Kill lines crossed or missed
[Every bet whose kill line date passed this quarter, with the state reached and the decision.]

## Decisions
| Bet | Decision | Resources released | Next gate date | Decided by |
|---|---|---|---|---|

## Recognition
[Teams that killed or pivoted a bet on evidence this quarter.]