This report was written by Shumin Liu from the UNDP with the support of Pedro Parraguez Ruiz, CEO of Dataverz, a data company. It has been edited by the Regional Innovation Centre team and any mistakes in the editing we apologize for an can be attributed to us. The purpose of the report is to share the background to the Portfolio Analytics for Strategic Insights (PASI) project and provide a detailed report on each of the steps taken in the project. The report is technical in nature and not meant for a general audience. There is a presentation and blog that accompanies this report which is written for a more general audience.