Approaches

Intelligent Project Management: Adopting a 'Program Mindset'

by Nic Horn, Mark Seymour

Establishing a “program approach” allows leadership to control performance across multiple projects to achieve maximum efficiency and ensure alignment to strategic goals. The “Intelligent Project Management” model (iPM) provides a fully integrated approach utilizing smart controls, greater visibility of performance data and ensuring people have the right capabilities to support delivery.

Enterprise Risk Distribution

by Andy Jordan

As portfolio management becomes an increasingly important organizational approach to project delivery, new risk management skills are required. Here we look specifically at the role risk plays in project selection and portfolio definition.

Resources

Have PMOs Turned the Corner?

by Andy Jordan

A few recent events have left this project manager feeling very positive about PMOs--and that’s something that hasn’t happened in quite some time. While we can't yet proclaim PMOs as saviors of organizations, they are now on the journey to success.

IT Portfolio Management: A Practical Approach

by Sofoklis Theodotos, PMP

The increasing acceptance of portfolio management indicates that the application of knowledge, processes, skills, tools and techniques to select the right work at the right time may have significant impacts on program, project and business success. Focusing on IT portfolio management, the author shares a practical method and metric system for implementing portfolio management. All proposed methods can be easily extended for business portfolio management.

Alignment

A Multi-PMO Strategy

by Andy Jordan

The lack of consciously managed alignment between PMOs can create inefficiencies and friction. It is now time for organizations to implement a comprehensive PMO strategy that manages an integrated ecosystem of PMOs rather than tolerates multiple independent PMO structures.

Optimization

An Iterative Risk Management-Based Strategy for Benefits Realization

by Irfan Shariff

Project managers can facilitate benefits realization and--more strategically--the project management function. That encompasses the three Ps of project management, which can play the crucial but often missing organizational role that will embed benefits realization in strategy execution and--by extension--program and project delivery.

Portfolio Risk Management Plan Template

deliverable
by Andy Jordan

Don’t try and do too much with the risk management plan. It is just a summary document that provides an overview of the portfolio risks and allows access to more detail. Consider building this template within your PPM tool or within a corporate collaboration tool. This template has been built for the portfolio level, but it can easily be adapted for programs/projects with some simple rewording of columns.

Pipeline

Top 10 Reasons Not to Innovate

by Braden Kelley

Are there some times when innovation is a bad idea? You will still go out of business if you don’t at some point innovate and reinvigorate your products and services, but failure to maintain operational excellence is a faster path to failure than falling short of innovation excellence.

Removing the Guesswork from Strategy

by Andy Jordan

For many organizations, strategic planning and the associated project selection is an exercise in frustration. How can we improve things without reinventing the process?

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- Oscar Wilde

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