Approaches

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.

5 Portfolio Management Findings

by Tushar Patel

What challenges do project management professionals face with Project Portfolio Management in 2015? There continues to be a high rate of misaligned IT projects and lack of resources for successful project execution, according to a new survey.

Resources

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?

Preparing for Strategic Agile

by Andy Jordan

There’s a lot of talk about strategic or enterprise scale agile, but what do organizations have to do to prepare for such a change? The right approach will depend on the needs of the organization and its willingness to absorb change.

Alignment

Preventing ‘Alignment Creep’

by Andy Jordan

Move over scope creep, there's a new creep in town. Projects may start off well aligned to the strategies they support, but how do we ensure they remain that way?

Portfolios, Programs & Projects: Oh My!

by Mark Mullaly, Ph.D., PMP

We need to be clear about what we are talking about in the context of alignment. And we need to be clear about what alignment actually gives us in the context of portfolio management. In other words, just what is the problem we are trying to solve here?

Optimization

Aligning Strategy in a Portfolio

by Kenneth Darter, PMP

When managing a portfolio of projects, it is important to make sure that the overall strategy of the organization is aligned with the projects in the portfolio.

PMO Status Report

deliverable
by Dan Roman

The PMO Status Report is a weekly report in Excel format submitted to the PMO, portfolio or program manager. The purpose of this report is to provide a summary that will be aggregated at the program or portfolio level. This report focuses on financials, risks and issues that should be escalated at the program/portfolio level.

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.

Where Does Portfolio Management Start?

by Andy Jordan

Like the source of the Nile, the start of portfolio management can be hard to locate. There is not yet a generally accepted initiation point for portfolio management, so let’s try and figure out where PPM might start in a perfect world.

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