The increasing role of digital transformation in outstanding customer experiences forces firms to take a strategic approach to portfolio management. Delivering in fast-paced business environments affects funding approaches, shortens planning cycles, and requires real-time feedback to adapt to change. This report examines what CIOs, application development and delivery (AD&D) professionals, and portfolio management office (PMO) leaders must do to transform their organizations from doing Agile to being Agile. This is an update of a previously published report; Forrester reviews and revises it periodically for continued relevance and accuracy.