Business development in a growing market and competition is impossible without the deployment of the latest developments and technologies. Innovation is the result of successful project activities of any company. Project results ensure the benefits of project programs and program benefits ensure the achievement of the strategic goals of the organization’s portfolio. To successfully manage the innovation hierarchy in an organization, managers of portfolios, programs, and projects must be trained and equipped with not only professional knowledge, but also a wealth of practical experience. In addition, the most important condition for success is to give innovation managers certain powers and authority in the organization, without which they will not be able to make responsible decisions at each level of the innovation hierarchy.